News headlines about Jive Software (NASDAQ:JIVE) have trended somewhat positive recently, Alpha One reports. The research group, a division of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jive Software earned a daily sentiment score of 0.07 on Alpha One’s scale. Alpha One also assigned media headlines about the software maker an impact score of 48 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research firms recently commented on JIVE. B. Riley reaffirmed a “neutral” rating and set a $5.25 target price on shares of Jive Software in a report on Friday, May 12th. Zacks Investment Research downgraded Jive Software from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th.
Shares of Jive Software (NASDAQ:JIVE) traded up 0.957% on Wednesday, reaching $5.275. The company’s stock had a trading volume of 429,272 shares. The company’s market capitalization is $420.74 million. Jive Software has a 1-year low of $3.50 and a 1-year high of $5.35. The stock has a 50-day moving average price of $5.05 and a 200-day moving average price of $4.42.
In other Jive Software news, Chairman Anthony Zingale sold 377,667 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $5.30, for a total transaction of $2,001,635.10. Following the completion of the sale, the chairman now directly owns 599,380 shares of the company’s stock, valued at approximately $3,176,714. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.70% of the stock is currently owned by company insiders.
About Jive Software
Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub.
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