Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Five9 Inc shares valued at $139,612 were sold by ZWARENSTEIN BARRY on Dec 04 ’24. At $41.85 per share, ZWARENSTEIN BARRY sold 3,336 shares. The insider’s holdings dropped to 98,396 shares worth approximately $4.08 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Mansharamani Leena sold 1,346 shares, netting a total of over 55,632 in proceeds. Following the sale of shares at $41.33 each, the insider now holds 35,526 shares.
Before that, Kozanian Panos had sold 7,619 shares from its account. In a trade valued at $320,698, the EVP, Product Engineering traded Five9 Inc shares for $42.09 each. Upon closing the transaction, the insider’s holdings decreased to 7,619 shares, worth approximately $2.86 million.
As published in a research note from Wells Fargo on November 12, 2024, Five9 Inc [FIVN] has been rated down from an Overweight to an Equal weight and the price target has been revised to $40 from $55. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of August 05, 2024, BofA Securities has increased its “an Underperform” rating to a “Buy” for FIVN. Earlier on March 15, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for FIVN stock.
Analyzing FIVN Stock Performance
During the last five days, there has been a drop of approximately -4.45%. Over the course of the year, Five9 Inc shares have dropped approximately -47.29%. Shares of the company reached a 52-week high of $81.24 on 01/22/24 and a 52-week low of $26.60 on 09/10/24. A 50-day SMA is recorded $36.35, while a 200-day SMA reached $42.87. Nevertheless, trading volume fell to 1.52 million shares from 1.62 million shares the previous day.
Support And Resistance Levels for Five9 Inc (FIVN)
According to the 24-hour chart, there is a support level at 40.47, which, if violated, would cause prices to drop to 39.46. In the upper region, resistance lies at 42.27. The next price resistance is at 43.06. RSI (Relative Strength Index) is 57.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.35, which suggests the price will decrease in the coming days. Percent R is at 70.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
