Five9, Inc. (NASDAQ:FIVN – Get Rating) CFO Barry Zwarenstein sold 5,000 shares of Five9 stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $61.84, for a total value of $309,200.00. Following the completion of the transaction, the chief financial officer now owns 112,303 shares of the company’s stock, valued at approximately $6,944,817.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Barry Zwarenstein also recently made the following trade(s):
- On Monday, March 6th, Barry Zwarenstein sold 1,992 shares of Five9 stock. The stock was sold at an average price of $68.70, for a total value of $136,850.40.
- On Tuesday, February 28th, Barry Zwarenstein sold 497 shares of Five9 stock. The stock was sold at an average price of $68.05, for a total value of $33,820.85.
Five9 Stock Down 2.3 %
Shares of FIVN stock traded down $1.44 on Friday, hitting $60.41. 1,107,488 shares of the stock were exchanged, compared to its average volume of 1,393,671. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $4.30 billion, a P/E ratio of -44.75 and a beta of 0.72. The business has a 50-day moving average of $73.41 and a 200 day moving average of $70.40. Five9, Inc. has a fifty-two week low of $46.61 and a fifty-two week high of $121.17.
Institutional Trading of Five9
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. William Blair restated an “outperform” rating on shares of Five9 in a research report on Wednesday, February 22nd. Credit Suisse Group reaffirmed a “neutral” rating and set a $70.00 price objective on shares of Five9 in a research note on Thursday, February 23rd. Wells Fargo & Company lifted their price objective on Five9 from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, February 23rd. StockNews.com assumed coverage on Five9 in a research note on Thursday. They set a “hold” rating for the company. Finally, Morgan Stanley lifted their price objective on Five9 from $65.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 23rd. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $84.67.
Five9 Company Profile
Five9, Inc engages in the provision of cloud software for contact centers. It specializes in omnichannel routing, analytics, workforce organization and reporting. The company was founded in December 2001 and is headquartered in San Ramon, CA.
- Get a free copy of the StockNews.com research report on Five9 (FIVN)
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