Connor Clark & Lunn Investment Management Ltd. Has $3.40 Million Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Connor Clark & Lunn Investment Management Ltd. increased its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,932 shares of the company’s stock after buying an additional 61,631 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.19% of Jamf worth $3,399,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in JAMF. Quarry LP grew its stake in Jamf by 130.9% during the third quarter. Quarry LP now owns 2,478 shares of the company’s stock worth $43,000 after buying an additional 1,405 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Jamf by 238.0% during the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock worth $50,000 after acquiring an additional 2,523 shares in the last quarter. Versant Capital Management Inc increased its stake in Jamf by 24.5% in the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after acquiring an additional 795 shares during the last quarter. Assetmark Inc. raised its position in Jamf by 45.9% during the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after purchasing an additional 1,387 shares in the last quarter. Finally, Versor Investments LP bought a new stake in Jamf during the fourth quarter worth $142,000. 93.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

JAMF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. started coverage on Jamf in a report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price target for the company. Needham & Company LLC reissued a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Tuesday, March 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. Piper Sandler dropped their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Finally, Barclays decreased their target price on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.70.

Jamf Trading Up 2.2 %

NASDAQ JAMF opened at $13.46 on Tuesday. Jamf Holding Corp. has a 12 month low of $12.90 and a 12 month high of $21.41. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.74 billion, a PE ratio of -24.47, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. The business’s 50-day moving average price is $14.62 and its two-hundred day moving average price is $15.61.

Insider Activity at Jamf

In other news, CAO Anthony Grabenau sold 3,706 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total value of $52,365.78. Following the transaction, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. The trade was a 9.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.30% of the stock is currently owned by company insiders.

Jamf 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.