Roth Capital Initiates Coverage on Five9 Inc(NASDAQ:FIVN). The shares have been rated Buy. The rating by Roth Capital was issued on Apr 14, 2016.
In a different note, On Feb 10, 2016, Barclays said it Maintains its rating on Five9 Inc. In the research note, the firm Lowers the price-target to $11.00 per share. The shares have been rated ‘Overweight’ by the firm.
Five9 Inc (FIVN) made into the market gainers list on Mondays trading session with the shares advancing 5.42% or 0.47 points. Due to strong positive momentum, the stock ended at $9.14, which is also near the day’s high of $9.18. The stock began the session at $8.65 and the volume stood at 2,22,865 shares. The 52-week high of the shares is $9.84 and the 52 week low is $3.48. The company has a current market capitalization of $468 M and it has 5,12,43,399 shares in outstanding.
Five9 Inc(FIVN) last announced its earnings results on Feb 23, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $36.03M. Analysts had an estimated revenue of $33.18M. Earnings per share were $-0.03. Analysts had estimated an EPS of $-0.08.
Several Insider Transactions has been reported to the SEC. On Mar 11, 2016, Michael J. Crane (EVP, Services) sold 8,295 shares at $7.85 per share price.Also, On Mar 11, 2016, Scott Welch (EVP, Cloud Operations) sold 3,106 shares at $7.76 per share price.On Mar 11, 2016, Daniel P. Burkland (officer ) sold 1,989 shares at $7.79 per share price, according to the Form-4 filing with the securities and exchange commission.
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 facilitates over three billion interactions between its 2000 clients and clients’ customers per year. The Company’s solution which consists of its VCC cloud platform and applications allows simultaneous management and optimization of customer interactions across voice chat email Web social media and mobile channels either directly or through its application programming interface. The Company’s VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integrations with adjacent enterprise applications such as customer relationship management (CRM) software.