FIVN
A little trim, not a full exit
Five9’s president, Andy Dignan, sold 6,986 shares at $35 apiece, pocketing $244,510. That’s not exactly CEO-on-a-yacht money, but it is the kind of insider move investors like to eyeball because management generally has the best front-row seat to the business.
Should you care?
Insider selling can mean a lot of things — taxes, portfolio rebalancing, or just taking some chips off the table after a run. On its own, it’s not a siren blaring red alert. But if you’re watching FIVN, it’s another data point on whether the people running the company think the stock is fairly valued.
The fine print
- Shares sold: 6,986
- Price: $35.00
- Total value: $244,510
Big picture: one insider sale doesn’t change Five9’s fundamentals, but it does give investors a tiny window into what management is doing with its own stock.