Media headlines about Five9 (NASDAQ:FIVN) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Five9 earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.1239360078531 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Five9, Inc. (FIVN) CEO Barry Zwarenstein Sells 3,073 Shares (americanbankingnews.com)
- Daniel P. Burkland Sells 5,623 Shares of Five9, Inc. (FIVN) Stock (americanbankingnews.com)
- Five9, Inc. (FIVN) EVP Scott Welch Sells 11,892 Shares (americanbankingnews.com)
- Five9 (FIVN) Downgraded to “Hold” at BidaskClub (americanbankingnews.com)
- Analysts Anticipate Five9, Inc. (FIVN) Will Post Quarterly Sales of $52.20 Million (americanbankingnews.com)
A number of brokerages have commented on FIVN. KeyCorp reissued an “overweight” rating and issued a $29.00 price objective (up from $27.00) on shares of Five9 in a research note on Wednesday, November 8th. Zacks Investment Research raised shares of Five9 from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Monday, November 13th. BidaskClub cut shares of Five9 from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. Northland Securities reissued a “buy” rating and issued a $25.00 price objective on shares of Five9 in a research note on Wednesday, October 4th. Finally, ValuEngine raised shares of Five9 from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $26.43.
Five9 (NASDAQ:FIVN) last released its earnings results on Wednesday, November 8th. The software maker reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.05. The firm had revenue of $50.08 million during the quarter, compared to analyst estimates of $48.20 million. Five9 had a negative net margin of 4.19% and a negative return on equity of 34.14%. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. research analysts forecast that Five9 will post -0.18 EPS for the current fiscal year.
In related news, EVP Daniel P. Burkland sold 10,000 shares of Five9 stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $24.88, for a total transaction of $248,800.00. Following the completion of the sale, the executive vice president now owns 146,436 shares in the company, valued at approximately $3,643,327.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Barry Zwarenstein sold 3,073 shares of Five9 stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $23.79, for a total transaction of $73,106.67. Following the sale, the chief executive officer now owns 121,368 shares of the company’s stock, valued at approximately $2,887,344.72. The disclosure for this sale can be found here. Insiders sold a total of 828,877 shares of company stock valued at $20,048,350 in the last 90 days. Company 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).
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