The CFO of Five9 (NASDAQ: FIVN) is Selling Shares

By Carrie Williams

Yesterday, the CFO of Five9 (NASDAQ: FIVN), Barry Zwarenstein, sold shares of FIVN for $40.27K.

In addition to Barry Zwarenstein, 16 other FIVN executives reported Sell trades in the last month.

Based on Five9’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $44.21 million and quarterly net profit of $409K. In comparison, last year the company earned revenue of $36.03 million and had a GAAP net loss of $3.52 million. The company has a one year high of $17.20 and a one year low of $7.50. The Company has a book value per share of 28.7333.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $22.33, reflecting a -26.9% downside.

The insider sentiment on Five9 has been negative according to 73 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Five9, Inc. provides cloud software for contact centers. It helps businesses take advantage of secure, reliable, scalable cloud contact center software to create exceptional customer experiences, increase agent productivity and deliver tangible business results. Five 9 was founded in December 2001 and is headquartered in San Ramon, CA.