Media headlines about Five9 (NASDAQ:FIVN) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Five9 earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 45.8234354635184 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Buy the position in stock: Five9, Inc. (FIVN) – Street Observer (press release) (streetobserver.com)
- Five9, Inc. (FIVN) is at $25.27 per share and Actua Corporation (ACTA) is listed at $15.50 – Stocks Gallery (stocksgallery.com)
- Five9 Named ‘Hot Vendor’ for Digital Communications by Aragon … – Business Wire (press release) (businesswire.com)
- Microsoft Corporation (MSFT) is at $74.69 per share and Five9, Inc. (FIVN) is listed at $25.28 – Stocks Gallery (stocksgallery.com)
- Five9 Named ‘Hot Vendor’ For Digital Communications By Aragon Research (thestreet.com)
Five9 (NASDAQ:FIVN) traded down 0.51% during mid-day trading on Wednesday, reaching $25.30. 299,211 shares of the company were exchanged. The company’s market cap is $1.39 billion. The stock’s 50-day moving average is $22.51 and its 200-day moving average is $21.17. Five9 has a 12 month low of $12.58 and a 12 month high of $26.00.
A number of research analysts have recently commented on the stock. Northland Securities reaffirmed a “buy” rating and set a $25.00 price objective on shares of Five9 in a research note on Wednesday, October 4th. Canaccord Genuity upped their price objective on shares of Five9 from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Wednesday, September 27th. KeyCorp reaffirmed a “buy” rating and set a $27.00 price objective on shares of Five9 in a research note on Friday, September 22nd. Zacks Investment Research downgraded shares of Five9 from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $26.00 price objective (up previously from $21.00) on shares of Five9 in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $23.00.
In related news, CFO Barry Zwarenstein sold 13,024 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $21.25, for a total value of $276,760.00. Following the transaction, the chief financial officer now directly owns 123,698 shares of the company’s stock, valued at approximately $2,628,582.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Burkland sold 12,484 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $21.00, for a total value of $262,164.00. Following the completion of the transaction, the chief executive officer now directly owns 976,091 shares in the company, valued at $20,497,911. The disclosure for this sale can be found here. Insiders sold a total of 101,385 shares of company stock worth $2,206,272 over the last three months. 9.10% of the stock is owned by company insiders.
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).
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