Large Inflow of Money Witnessed in Five9

Five9 (NASDAQ:FIVN) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.04 million worth of transactions were on upticks, whereas, the downticks accounted for $0.02 million worth of transactions. The net money flow was a positive $0.02 million and the uptick to downtick ratio was 2.14. The net money flow into the stock was $0.01 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.01 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Five9 (NASDAQ:FIVN) was trading at $11.45, down $0.06 during day. The stock slid -0.52% over the previous days close. For the week, the stock recorded -1.12% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Burkland Michael, officer (CEO, President and Chairman) of Five9, Inc., had unloaded 16,000 shares at an average price of $11.85 in a transaction dated on June 15, 2016. The total value of the transaction was worth $189,600. Currently the company Insiders own 40.2% of Five9 shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.87% . Institutional Investors own 66.84% of Five9 shares. During last six month period, the net percent change held by insiders has seen a change of -7.87%.

The company shares have rallied 116.76% from its 1 Year high price. On Jun 14, 2016, the shares registered one year high at $12.96 and the one year low was seen on Oct 1, 2015. The 50-Day Moving Average price is $10.91 and the 200 Day Moving Average price is recorded at $8.89. Five9 (NASDAQ:FIVN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.54 and $11.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.62, notching a gain of 0.96% for the day. The total traded volume was 376,942 . The stock had closed at $11.51 on the previous day.

Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Companys 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 2,000 clients and clients customers per year. The Companys 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 Companys 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.

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