Five9, Inc. (NASDAQ:FIVN – Get Free Report) CRO Daniel P. Burkland sold 2,605 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $33.41, for a total transaction of $87,033.05. Following the sale, the executive now directly owns 132,554 shares of the company’s stock, valued at approximately $4,428,629.14. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Five9 Stock Down 2.0 %
Shares of FIVN traded down $0.66 during trading hours on Wednesday, reaching $32.44. 1,691,325 shares of the stock traded hands, compared to its average volume of 1,407,095. Five9, Inc. has a 52 week low of $28.75 and a 52 week high of $92.40. The company has a market cap of $2.40 billion, a price-to-earnings ratio of -38.94 and a beta of 0.82. The stock has a fifty day simple moving average of $40.34 and a 200 day simple moving average of $51.32. The company has a current ratio of 7.02, a quick ratio of 7.02 and a debt-to-equity ratio of 2.41.
Hedge Funds Weigh In On Five9
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Arcadia Investment Management Corp MI increased its position in shares of Five9 by 46.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 452 shares of the software maker’s stock valued at $36,000 after acquiring an additional 144 shares during the last quarter. Global Wealth Management Investment Advisory Inc. increased its position in shares of Five9 by 139.5% during the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 479 shares of the software maker’s stock valued at $38,000 after purchasing an additional 279 shares during the last quarter. Headlands Technologies LLC boosted its holdings in shares of Five9 by 136.0% in the 4th quarter. Headlands Technologies LLC now owns 531 shares of the software maker’s stock worth $42,000 after buying an additional 306 shares during the last quarter. Intrust Bank NA bought a new position in Five9 during the fourth quarter valued at about $202,000. Finally, Inceptionr LLC bought a new position in Five9 during the fourth quarter valued at about $215,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Analyst Upgrades and Downgrades
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Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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