UBS Asset Management Americas Inc. maintained its position in shares of Jive Software Inc (NASDAQ:JIVE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,694 shares of the software maker’s stock at the end of the first quarter. UBS Asset Management Americas Inc.’s holdings in Jive Software were worth $115,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JIVE. Palisade Capital Management LLC NJ raised its position in shares of Jive Software by 3.5% in the first quarter. Palisade Capital Management LLC NJ now owns 1,312,073 shares of the software maker’s stock worth $5,642,000 after buying an additional 44,567 shares during the period. State Street Corp raised its position in shares of Jive Software by 8.4% in the fourth quarter. State Street Corp now owns 848,210 shares of the software maker’s stock worth $3,690,000 after buying an additional 66,052 shares during the period. Russell Investments Group Ltd. bought a new position in shares of Jive Software during the fourth quarter worth approximately $212,000. Acadian Asset Management LLC raised its position in shares of Jive Software by 47.7% in the first quarter. Acadian Asset Management LLC now owns 39,090 shares of the software maker’s stock worth $169,000 after buying an additional 12,628 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its position in shares of Jive Software by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 37,114 shares of the software maker’s stock worth $161,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 65.36% of the company’s stock.

Shares of Jive Software Inc (JIVE) opened at 5.25 on Monday. The firm has a 50-day moving average of $5.23 and a 200-day moving average of $4.50. Jive Software Inc has a 12-month low of $3.50 and a 12-month high of $5.35.

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A number of research analysts recently commented on JIVE shares. B. Riley started coverage on shares of Jive Software in a research note on Tuesday, April 11th. They issued a “buy” rating and a $6.00 price target on the stock. Zacks Investment Research lowered shares of Jive Software from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th.

In related news, Chairman Anthony Zingale sold 377,667 shares of the firm’s stock in a transaction dated Monday, May 15th. The shares were 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 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 link. Company insiders own 10.70% of the company’s stock.

Jive Software Company Profile

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.

Institutional Ownership by Quarter for Jive Software (NASDAQ:JIVE)

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