Jamf Holding Corp. (NASDAQ:JAMF) Insider Sells $1,187,215.89 in Stock

Jamf Holding Corp. (NASDAQ:JAMF) insider Beth Tschida sold 88,797 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the transaction, the insider now owns 487,810 shares of the company’s stock, valued at $6,522,019.70. This represents a 15.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jamf Trading Up 2.3 %

NASDAQ JAMF opened at $13.65 on Thursday. The firm has a market cap of $1.77 billion, a PE ratio of -24.82, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. Jamf Holding Corp. has a 1-year low of $12.90 and a 1-year high of $21.41. The stock has a 50-day moving average of $14.59 and a 200-day moving average of $15.56. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

Analyst Ratings Changes

A number of analysts recently commented on JAMF shares. Canaccord Genuity Group restated a “buy” rating and set a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Piper Sandler cut their price target on Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Barclays reduced their price target on Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, February 28th. Morgan Stanley assumed coverage on Jamf in a report on Tuesday. They set an “equal weight” rating and a $16.00 price objective on the stock. Finally, Royal Bank of Canada reduced their target price on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.30.

Hedge Funds Weigh In On Jamf

A number of large investors have recently bought and sold shares of the stock. Versant Capital Management Inc grew its holdings in shares of Jamf by 24.5% in the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock worth $57,000 after purchasing an additional 795 shares during the last quarter. Centiva Capital LP grew its holdings in Jamf by 4.1% in the 4th quarter. Centiva Capital LP now owns 22,543 shares of the company’s stock worth $317,000 after acquiring an additional 898 shares during the last quarter. Assetmark Inc. increased its position in shares of Jamf by 45.9% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after acquiring an additional 1,387 shares during the period. Quarry LP raised its stake in shares of Jamf by 130.9% during the third quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after acquiring an additional 1,405 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Jamf by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,565 shares of the company’s stock worth $654,000 after purchasing an additional 1,754 shares during the period. 93.81% of the stock is owned by hedge funds and other institutional investors.

Jamf Company Profile

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform in the Americas, Europe, the Middle East, India, and Africa. Its products include Jamf Pro, an Apple ecosystem management software solution for IT environments; Jamf Now, a pay-as-you-go Apple device management software solution for small-to-medium-sized businesses; Jamf School, an apple mobile device management for schools; and Jamf Connect, a ZTNA solution that replaces legacy conditional access and VPN technology.