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Sunday, December 3, 2023

Five9 Inc (NASDAQ: FIVN) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Five9 Inc (FIVN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.03%, to $63.33. The Five9 Inc has recorded 532,419 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Five9 Announces Five9 OneStudent to Help Higher Education Answer the Call for Better Student Engagement.

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Stocks Info

Five9 Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $63.31 and fluctuated between $63.72 as its day high and $60.12 as its day low. The current market capitalization of Five9 Inc is $4.60B. A total of 1.17 million shares were traded on the day, compared to an average of 964.97K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, FIVN has seen 1 BUY and 13 SELL insider trades, representing the acquisition of 10,000 and the disposition of 45,201 shares. Over the last 12 months, there were 35 BUYs and 96 SELLs from insiders. Insiders purchased 788,949 shares during that period but sold 495,581.

In the most recent transaction, Mansharamani Leena sold 332 shares of FIVN for 71.56 per share on Sep 06. After the transaction, the SVP, Chief Accounting Officer now owns 33,833 company shares. In a previous transaction on Sep 05, Kozanian Panos sold 11,002 shares at 70.92 per share. FIVN shares that EVP, Product Engineering owns now total 83,911.

Among the insiders who sold shares, Burkland Michael disposed of 9,745 shares on Sep 05 at a per-share price of $70.87. This resulted in the Chief Executive Officer holding 177,671 shares of FIVN after the transaction. In another insider transaction, Burkland Daniel P. sold 6,515 shares at $70.94 per share on Sep 05. Company shares held by the Pres. & Chief Revenue Officer now total 103,360.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for FIVN in the last 3 months, the mean price target is $85.60 with high estimates of $105.00 and low estimates of $61.00. In terms of 52-week highs and lows, FIVN has a high of $89.58 and a low of $51.01.

As of this writing, FIVN has an earnings estimate of $0.43 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.44 per share and a lower estimate of $0.42. The company reported an EPS of $0.41 in the last quarter, which was 70.80% higher than expectations of $0.24.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. FIVN’s latest balance sheet shows that the firm has $469.86M in Cash & Short Term Investments as of fiscal 2021. There were $825.51M in debt and $157.57M in liabilities at the time. Its Book Value Per Share was $6.79, while its Total Shareholder’s Equity was $211.13M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FIVN is Buy with a score of 4.50.

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