Five9, Inc. (NASDAQ:FIVN) EVP Daniel P. Burkland sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $24.88, for a total transaction of $248,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Daniel P. Burkland also recently made the following trade(s):

  • On Monday, August 21st, Daniel P. Burkland sold 10,000 shares of Five9 stock. The shares were sold at an average price of $20.41, for a total transaction of $204,100.00.

Shares of Five9, Inc. (NASDAQ FIVN) traded down 0.24% on Tuesday, reaching $24.53. 155,197 shares of the company were exchanged. The company has a 50-day moving average price of $23.45 and a 200 day moving average price of $21.66. Five9, Inc. has a 1-year low of $12.58 and a 1-year high of $26.00. The stock’s market capitalization is $1.35 billion.

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A number of research analysts recently issued reports on the stock. Northland Securities reiterated a “buy” rating and issued a $25.00 price target on shares of Five9 in a research note on Wednesday, October 4th. Canaccord Genuity lifted their price target on shares of Five9 from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Wednesday, September 27th. KeyCorp reiterated a “buy” rating and issued a $27.00 price target on shares of Five9 in a research note on Friday, September 22nd. Zacks Investment Research upgraded shares of Five9 from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Tuesday, July 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $26.00 price target (up previously from $21.00) on shares of Five9 in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Five9 presently has an average rating of “Buy” and an average target price of $23.00.

Several institutional investors have recently added to or reduced their stakes in FIVN. BNP Paribas Arbitrage SA boosted its stake in shares of Five9 by 4,389.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,567 shares of the software maker’s stock valued at $120,000 after buying an additional 5,443 shares during the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of Five9 during the 2nd quarter valued at approximately $202,000. Principal Financial Group Inc. purchased a new position in shares of Five9 during the 2nd quarter valued at approximately $219,000. KCG Holdings Inc. purchased a new position in shares of Five9 during the 1st quarter valued at approximately $236,000. Finally, D.A. Davidson & CO. boosted its stake in shares of Five9 by 20.8% during the 2nd quarter. D.A. Davidson & CO. now owns 11,476 shares of the software maker’s stock valued at $246,000 after buying an additional 1,976 shares during the last quarter. Institutional investors own 91.00% of the company’s stock.

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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