Insider Selling at Five9 Inc (FIVN) Continues with Significant Sale

Thursday, February 22, 2018 10:15 PM ET

Insider Selling at Five9 Inc (FIVN) Continues with Significant Sale

A notable insider sale of the shares of Five9 Inc was disclosed in a form 4 document filed with the SEC today, showing — Jack L Acosta, Director — sold 150,000 shares in the company having a market value of approximately $4,043,448. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 64,690 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 214,690 shares and have averaged 35,782 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Five9 Inc is greater than the 33-company peer group average. Application Software peer group saw 91 buy/sell trades during this period for an average of 2.8 transactions per company. The number of shares per buy/sell trade for Five9 Inc insiders was also higher. Within the peer group there were 1,125 shares purchased and 1,984,326 shares sold with company insiders having sold 21,793 shares on average.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at Copyright 2018 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.