Five9 president Andy Dignan sells $244,510 in stock
Five9's President Andy Dignan recently sold 6,986 shares of the company's stock on September 17, 2026, for a total of $244,510. The sale occurred as Five9's stock was trading close to its 52-week high of $35.31, following a 109% increase over the past six months. Analysts suggest the company is currently undervalued, with a fair value of $47, indicating potential upside despite the recent stock surge.
Dignan had established a Rule 10b5-1 trading plan for this transaction on September 2, 2025. Following the sale, Dignan still holds 237,614 shares of Five9 common stock. Five9 has received attention from various analysts, with DA Davidson raising its price target to $28.00, Cantor Fitzgerald to $40.00, and Truist Securities to $40.00, all citing the company's strong performance in AI revenue growth.
Other firms such as FBN Securities initiated coverage with an Outperform rating and $40 price target, while Needham reiterated its Buy rating and $40 price target, highlighting progress in Five9's AI platform.
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