Jive Software Director Sells $124,100 in Stock (JIVE)
Jive Software (NASDAQ:JIVE) Director Matthew Tucker unloaded 10,000 shares of Jive Software stock on the open market in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $12.41, for a total transaction of $124,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Jive Software (NASDAQ:JIVE) traded up 0.48% on Friday, hitting $12.45. 320,577 shares of the company’s stock traded hands. Jive Software has a 52 week low of $10.63 and a 52 week high of $18.48. The stock has a 50-day moving average of $12.63 and a 200-day moving average of $14.95. The company’s market cap is $856.1 million.
Jive Software (NASDAQ:JIVE) last posted its quarterly earnings results on Tuesday, July 30th. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.16) by $0.02. The company had revenue of $35.20 million for the quarter, compared to the consensus estimate of $35.16 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. The company’s quarterly revenue was up 30.4% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Needham & Company cut their price target on shares of Jive Software (NASDAQ:JIVE) from $18.00 to $16.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock. Separately, analysts at Credit Suisse cut their price target on shares of Jive Software (NASDAQ:JIVE) from $25.00 to $20.00 in a research note to investors on Thursday, August 1st. They now have an “outperform” rating on the stock. Finally, analysts at UBS AG cut their price target on shares of Jive Software (NASDAQ:JIVE) from $19.00 to $15.00 in a research note to investors on Wednesday, July 31st. They now have a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $18.14.
Jive Software, Inc develops social business collaboration software. The Company’s Social Business Software (NASDAQ:JIVE) combines the community software, collaboration software, social networking software, and social media monitoring offerings into an integrated platform.
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