Five9, Inc. (NASDAQ:FIVN) Director Kimberly Alexy sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $24.67, for a total transaction of $370,050.00. Following the transaction, the director now directly owns 22,155 shares of the company’s stock, valued at approximately $546,563.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Five9, Inc. (FIVN) traded down $0.36 during trading hours on Friday, hitting $24.15. 407,488 shares of the stock were exchanged, compared to its average volume of 338,872. Five9, Inc. has a 1 year low of $12.58 and a 1 year high of $27.81. The company has a debt-to-equity ratio of 1.04, a quick ratio of 2.17 and a current ratio of 2.17.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings results on Wednesday, November 8th. The software maker reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.05. Five9 had a negative net margin of 4.19% and a negative return on equity of 34.14%. The firm had revenue of $50.08 million for the quarter, compared to analysts’ expectations of $48.20 million. The business’s revenue was up 22.2% on a year-over-year basis. equities analysts predict that Five9, Inc. will post -0.18 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. AXA grew its holdings in shares of Five9 by 12.7% during the second quarter. AXA now owns 248,293 shares of the software maker’s stock valued at $5,344,000 after buying an additional 28,000 shares during the last quarter. Aperio Group LLC purchased a new stake in shares of Five9 during the second quarter valued at approximately $765,000. Wasatch Advisors Inc. purchased a new stake in shares of Five9 during the second quarter valued at approximately $3,159,000. Swiss National Bank grew its holdings in shares of Five9 by 9.0% during the second quarter. Swiss National Bank now owns 70,600 shares of the software maker’s stock valued at $1,519,000 after buying an additional 5,800 shares during the last quarter. Finally, Mutual of America Capital Management LLC purchased a new stake in shares of Five9 during the third quarter valued at approximately $2,813,000. Hedge funds and other institutional investors own 93.55% of the company’s stock.

A number of equities analysts have weighed in on the stock. BidaskClub downgraded shares of Five9 from a “buy” rating to a “hold” rating in a research note on Saturday. TheStreet raised shares of Five9 from a “d” rating to a “c-” rating in a research note on Tuesday, November 21st. Zacks Investment Research raised shares of Five9 from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Monday, November 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $30.00 target price on shares of Five9 in a research note on Friday, November 10th. Finally, ValuEngine raised shares of Five9 from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $26.43.

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About Five9

Five9 Inc (Five9) is a provider of cloud software for contact centers. The Company’s purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company’s solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs).

Insider Buying and Selling by Quarter for Five9 (NASDAQ:FIVN)

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