Jive Software Inc. Reaches New 12-Month Low at $9.65 (JIVE)
Jive Software (NASDAQ:JIVE)’s share price reached a new 52-week low during trading on Wednesday, AnalystRatings.Net reports. The stock traded as low as $9.65 and last traded at $9.85, with a volume of 469,912 shares traded. The stock had previously closed at $10.15.
A number of analysts have recently weighed in on JIVE shares. Analysts at Deutsche Bank initiated coverage on shares of Jive Software in a research note to investors on Wednesday. They set a “hold” rating on the stock. Analysts at Credit Suisse cut their price target on shares of Jive Software from $20.00 to $16.00 in a research note to investors on Friday, November 1st. They now have an “outperform” rating on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $17.57.
In other Jive Software news, SVP John Mccracken unloaded 15,000 shares of Jive Software stock on the open market in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $10.03, for a total transaction of $150,450.00. Following the sale, the senior vice president now directly owns 180,000 shares of the company’s stock, valued at approximately $1,805,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Jive Software has a 52 week low of $9.65 and a 52 week high of $18.48. The stock’s 50-day moving average is $10. and its 200-day moving average is $12.4. The company’s market cap is $679.2 million.
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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