2 weeks Ago By ABMN Staff
Clearline Capital LP bought a new position in Five9, Inc. ( NASDAQ:FIVN – Free Report ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 36,413 shares of the software maker’s stock, valued at approximately $1,606,000.
A number of other institutional investors have also bought and sold shares of FIVN. Corient Private Wealth LLC boosted its stake in shares of Five9 by 8.4% in the fourth quarter.
Corient Private Wealth LLC now owns 6,796 shares of the software maker’s stock worth $535,000 after acquiring an additional 527 shares during the period. US Bancorp DE grew its holdings in Five9 by 1.4% during the 4th quarter.
US Bancorp DE now owns 17,032 shares of the software maker’s stock valued at $1,340,000 after buying an additional 228 shares in the last quarter. Treasurer of the State of North Carolina raised its position in shares of Five9 by 1.0% during the fourth quarter.
Treasurer of the State of North Carolina now owns 31,537 shares of the software maker’s stock valued at $2,482,000 after buying an additional 310 shares during the last quarter. Bank of Nova Scotia purchased a new position in shares of Five9 in the fourth quarter worth $7,652,000. Finally, Eagle Asset Management Inc.
boosted its position in shares of Five9 by 0.8% during the fourth quarter. Eagle Asset Management Inc.
now owns 1,035,554 shares of the software maker’s stock worth $81,488,000 after acquiring an additional 8,231 shares during the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Five9 Stock Up 1.6 % Shares of NASDAQ:FIVN opened at $28.76 on Friday.
The company has a debt-to-equity ratio of 1.39, a current ratio of 2.15 and a quick ratio of 2.
15. The business has a 50 day simple moving average of $34.13 and a two-hundred day simple moving average of $45.
69. Five9, Inc. has a 1 year low of $26.
60 and a 1 year high of $92.40. The firm has a market capitalization of $2.
12 billion, a PE ratio of -33.83 and a beta of 0.86.
Analyst Ratings Changes A number of analysts have issued reports on FIVN shares. Piper Sandler reiterated an “overweight” rating and issued a $47.00 price target on shares of Five9 in a report on Wednesday, August 21st.
Needham & Company LLC restated a “buy” rating and set a $48.00 price target on shares of Five9 in a report on Wednesday, August 21st. StockNews.
com raised Five9 from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th. Truist Financial reiterated a “buy” rating and set a $65.00 target price on shares of Five9 in a research report on Tuesday, August 27th.
Finally, Barclays reduced their price target on shares of Five9 from $75.00 to $55.00 and set an “overweight” rating on the stock in a research report on Friday, August 9th.
Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, Five9 presently has an average rating of “Moderate Buy” and an average target price of $63.35.
Get Our Latest Analysis on FIVN Insider Transactions at Five9 In related news, CFO Barry Zwarenstein sold 4,408 shares of Five9 stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $26.97, for a total transaction of $118,883.
76. Following the completion of the sale, the chief financial officer now owns 101,732 shares in the company, valued at approximately $2,743,712.04.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . In other Five9 news, EVP Panos Kozanian sold 7,617 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $30.
02, for a total value of $228,662.34. Following the completion of the sale, the executive vice president now directly owns 76,628 shares in the company, valued at approximately $2,300,372.
56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CFO Barry Zwarenstein sold 4,408 shares of the firm’s stock in a transaction on Tuesday, September 10th.
The shares were sold at an average price of $26.97, for a total value of $118,883.76.
Following the transaction, the chief financial officer now owns 101,732 shares in the company, valued at approximately $2,743,712.04. The disclosure for this sale can be found here .
Over the last ninety days, insiders have sold 45,337 shares of company stock worth $1,491,971. Insiders own 1.80% of the company’s stock.
Five9 Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding FIVN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Five9, Inc. ( NASDAQ:FIVN – Free Report ). Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.
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