.jpg "Five9 (NASDAQ: FIVN)")
Yesterday, a Director at Five9 (FIVN), Michael Burkland, bought shares of FIVN for $7,225.
This is Burkland’s first Buy trade following 5 Sell transactions. Following Michael Burkland’s last FIVN Buy transaction on May 10, 2019, the stock climbed by 1.9%.
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Based on Five9’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $74.54 million and GAAP net loss of $1.92 million. In comparison, last year the company earned revenue of $58.91 million and had a GAAP net loss of $607K. Currently, Five9 has an average volume of 499.4K. The Company has a Price to Book ratio of 20.5947.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $58.00, reflecting a 11.5% upside.
In the last 30 days, insiders have sold $15.25M worth of FIVN shares and purchased $7,225 worth of FIVN shares. The insider sentiment on Five9 has been negative according to 105 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Michael Burkland’s trades have generated a -26.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Five9, Inc. engages in the provision of cloud software for contact centers. It offers end-to-end solutions with omnichannel routing, analytics, WFO, and AI to increase agent productivity and deliver tangible business results. The company was founded in December 2001 and is headquartered in San Ramon, CA.
