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 firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $1,187,215.89. Following the transaction, the insider now owns 487,810 shares in the company, valued at approximately $6,522,019.70. This trade represents a 15.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jamf Trading Down 1.9 %

NASDAQ JAMF opened at $13.17 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a twelve month low of $12.90 and a twelve month high of $21.41. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -23.95, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. The business’s fifty day moving average is $14.57 and its 200 day moving average is $15.51.

Analyst Upgrades and Downgrades

A number of research firms have commented on JAMF. Morgan Stanley began coverage on Jamf in a research note on Tuesday. They set an “equal weight” rating and a $16.00 price objective on the stock. Piper Sandler lowered their price objective on Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Royal Bank of Canada lowered their price objective on Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 21st. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research note on Tuesday, March 4th. Finally, Barclays decreased their price target on 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 given a buy rating to the stock. Based on data from MarketBeat, Jamf currently has a consensus rating of “Moderate Buy” and an average target price of $21.30.

Institutional Investors Weigh In On Jamf

Several hedge funds have recently modified their holdings of JAMF. Quarry LP boosted its holdings in shares of Jamf by 130.9% during the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after acquiring an additional 1,405 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Jamf by 238.0% during the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock valued at $50,000 after acquiring an additional 2,523 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Jamf by 24.5% during the 4th 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 in the last quarter. Assetmark Inc. boosted its holdings in shares of Jamf by 45.9% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after acquiring an additional 1,387 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Jamf by 51.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock valued at $104,000 after acquiring an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

About Jamf

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.