.jpg "Five9 (NASDAQ: FIVN)")
In a report released yesterday, David Hynes from Canaccord Genuity reiterated a Buy rating on Five9 (NASDAQ: FIVN), with a price target of $42. The company’s shares closed yesterday at $35.04.
According to TipRanks.com, Hynes is a top 100 analyst with an average return of 32.2% and a 75.9% success rate. Hynes covers the Technology sector, focusing on stocks such as Veeva Systems, SPS Commerce, and Q2 Holdings.
Currently, the analyst consensus on Five9 is a Moderate Buy with an average price target of $38.67.
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The company has a one-year high of $39.55 and a one-year low of $19.53. Currently, Five9 has an average volume of 684.4K.
Based on the recent corporate insider activity of 112 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Barry Zwarenstein, the CFO of FIVN bought 10,000 shares for a total of $42,500.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Five9, Inc. engages in the provision of cloud software for contact centers. It operates through United States and International geographical segments. The company was founded in December 2001 and is headquartered in San Ramon, CA.
