Do Hedge Funds and Insiders Love Jive Software Inc (JIVE)? – Insight Enterprises, Inc. (NSIT), Imperva Inc (IMPV)

Page 1 of 2

Jive Software Inc (NASDAQ:JIVE) was in 10 hedge funds’ portfolio at the end of the fourth quarter of 2012. JIVE has seen a decrease in hedge fund interest in recent months. There were 14 hedge funds in our database with JIVE positions at the end of the previous quarter.

To most traders, hedge funds are viewed as unimportant, outdated investment vehicles of years past. While there are more than 8000 funds in operation at present, we at Insider Monkey choose to focus on the leaders of this group, close to 450 funds. It is estimated that this group controls the lion’s share of the smart money’s total asset base, and by watching their highest performing investments, we have unearthed a number of investment strategies that have historically outperformed the market. Our small-cap hedge fund strategy beat the S&P 500 index by 18 percentage points per annum for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have outpaced the S&P 500 index by 24 percentage points in 7 months (see the details here).

Just as important, positive insider trading activity is another way to break down the stock market universe. Obviously, there are lots of stimuli for a bullish insider to cut shares of his or her company, but just one, very clear reason why they would behave bullishly. Plenty of empirical studies have demonstrated the market-beating potential of this tactic if “monkeys” understand where to look (learn more here).

Now, let’s take a glance at the latest action surrounding Jive Software Inc (NASDAQ:JIVE).

What have hedge funds been doing with Jive Software Inc (NASDAQ:JIVE)?

At year’s end, a total of 10 of the hedge funds we track were long in this stock, a change of -29% from one quarter earlier. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of notable hedge fund managers who were boosting their holdings substantially.

Of the funds we track, Scott Fine and Peter Richards’s Empire Capital Management had the largest position in Jive Software Inc (NASDAQ:JIVE), worth close to $36 million, accounting for 4.8% of its total 13F portfolio. Coming in second is PAR Capital Management, managed by Paul Reeder and Edward Shapiro, which held a $9 million position; 0.2% of its 13F portfolio is allocated to the company. Some other hedge funds with similar optimism include Charles Clough’s Clough Capital Partners, David Keidan’s Buckingham Capital Management and Anand Parekh’s Alyeska Investment Group.

Judging by the fact that Jive Software Inc (NASDAQ:JIVE) has experienced declining sentiment from the smart money, it’s easy to see that there was a specific group of funds who sold off their entire stakes heading into 2013. At the top of the heap, Seymour Sy Kaufman and Michael Stark’s Crosslink Capital dropped the biggest position of the 450+ funds we watch, comprising close to $8 million in stock., and Israel Englander of Catapult Capital Management was right behind this move, as the fund dumped about $5 million worth. These moves are interesting, as aggregate hedge fund interest was cut by 4 funds heading into 2013.

What do corporate executives and insiders think about Jive Software Inc (NASDAQ:JIVE)?

Insider buying is best served when the primary stock in question has seen transactions within the past half-year. Over the last 180-day time period, Jive Software Inc (NASDAQ:JIVE) has seen zero unique insiders buying, and 5 insider sales (see the details of insider trades here).

Let’s go over hedge fund and insider activity in other stocks similar to Jive Software Inc (NASDAQ:JIVE). These stocks are Lifelock Inc (NYSE:LOCK), FleetMatics Group PLC (NYSE:FLTX), Monotype Imaging Holdings Inc. (NASDAQ:TYPE), Insight Enterprises, Inc. (NASDAQ:NSIT), and Imperva Inc (NYSE:IMPV). All of these stocks are in the application software industry and their market caps are closest to JIVE’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!