Somewhat Positive Press Coverage Somewhat Unlikely to Affect Five9 (FIVN) Share Price

News articles about Five9 (NASDAQ:FIVN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Five9 earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 45.9947386752478 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of research analysts have recently weighed in on FIVN shares. KeyCorp restated a “buy” rating and issued a $27.00 price target on shares of Five9 in a research report on Friday, October 27th. Northland Securities restated a “buy” rating and issued a $25.00 price target on shares of Five9 in a research report on Wednesday, October 4th. Canaccord Genuity raised their price target on Five9 from $25.00 to $26.00 and gave the company a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research upgraded Five9 from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Monday, November 13th. Finally, Needham & Company LLC restated a “buy” rating and issued a $30.00 price target on shares of Five9 in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Five9 currently has an average rating of “Buy” and a consensus price target of $26.43.

Shares of Five9 (FIVN) opened at $23.40 on Tuesday. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.04. Five9 has a 52 week low of $12.58 and a 52 week high of $27.81.

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

In other Five9 news, CEO Barry Zwarenstein sold 3,073 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $23.79, for a total value of $73,106.67. Following the sale, the chief executive officer now directly owns 121,368 shares of the company’s stock, valued at approximately $2,887,344.72. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael Burkland sold 600,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $24.05, for a total value of $14,430,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,194,161 shares in the company, valued at $28,719,572.05. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 828,877 shares of company stock worth $20,048,350. Corporate insiders own 9.10% of the company’s stock.

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Five9 Company Profile

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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