.jpg "Five9 (NASDAQ: FIVN)")
Northland Securities analyst Michael Latimore reiterated a Buy rating on Five9 (NASDAQ: FIVN) today and set a price target of $48. The company’s shares closed yesterday at $35.04.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 14.4% and a 61.5% success rate. Latimore covers the Technology sector, focusing on stocks such as The Meet Group Inc, Vonage Holdings, and Everbridge Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Five9 with a $42.40 average price target, which is a 21.0% upside from current levels. In a report released yesterday, Canaccord Genuity also reiterated a Buy rating on the stock with a $42 price target.
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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.
