Headlines about Jive Software (NASDAQ:JIVE) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Jive Software earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 46.210313929393 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities analysts recently commented on JIVE shares. Zacks Investment Research cut Jive Software from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. B. Riley lowered Jive Software from a “buy” rating to a “neutral” rating and reduced their price target for the company from $6.00 to $5.25 in a research report on Tuesday, May 2nd.
Shares of Jive Software (JIVE) remained flat at $5.25 during midday trading on Tuesday. The firm’s 50 day moving average is $5.23 and its 200-day moving average is $4.50. Jive Software has a one year low of $3.50 and a one year high of $5.35.
In other news, Chairman Anthony Zingale sold 377,667 shares of Jive Software stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $5.30, for a total value of $2,001,635.10. Following the completion of the transaction, the chairman now owns 599,380 shares in the company, valued at $3,176,714. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 10.70% of the company’s stock.
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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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