Jamf Holding Corp. (NASDAQ:JAMF) Given Average Recommendation of “N/A” by Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have been assigned a consensus rating of “N/A” from the zero brokerages that are covering the company, MarketBeat Ratings reports.

Several analysts have issued reports on JAMF shares. Morgan Stanley assumed coverage on shares of Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 target price on the stock. Canaccord Genuity Group decreased their price objective on shares of Jamf from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group assumed coverage on shares of Jamf in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 price target on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Friday, October 4th. Finally, JMP Securities reissued a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research note on Tuesday, October 1st.

Insider Activity

In other news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the completion of the transaction, the insider now directly owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. This represents a 3.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc grew its position in shares of Jamf by 17,830.8% in the 2nd quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock worth $38,000 after buying an additional 2,318 shares during the last quarter. Quarry LP lifted its stake in Jamf by 130.9% in the third quarter. Quarry LP now owns 2,478 shares of the company’s stock worth $43,000 after acquiring an additional 1,405 shares during the period. Fifth Third Bancorp purchased a new position in Jamf during the 2nd quarter valued at $45,000. EntryPoint Capital LLC boosted its stake in shares of Jamf by 40.0% during the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock valued at $61,000 after purchasing an additional 949 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in shares of Jamf by 57.1% during the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock valued at $63,000 after buying an additional 1,327 shares during the period. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Trading Down 0.5 %

Shares of JAMF opened at $14.60 on Friday. Jamf has a twelve month low of $14.02 and a twelve month high of $21.41. The stock has a market cap of $1.86 billion, a PE ratio of -26.54, a P/E/G ratio of 6.28 and a beta of 0.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $16.31 and its 200-day moving average price is $16.86.

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.