Jamf Holding Corp. (NASDAQ:JAMF) CAO Anthony Grabenau Sells 3,706 Shares

Jamf Holding Corp. (NASDAQ:JAMF) CAO Anthony Grabenau sold 3,706 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $14.13, for a total value of $52,365.78. Following the sale, the chief accounting officer now owns 33,479 shares of the company’s stock, valued at $473,058.27. The trade was a 9.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Jamf Price Performance

Shares of NASDAQ:JAMF opened at $14.49 on Wednesday. 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 stock’s fifty day simple moving average is $14.66 and its two-hundred day simple moving average is $16.49. Jamf Holding Corp. has a 1-year low of $13.40 and a 1-year high of $21.41. The stock has a market cap of $1.85 billion, a PE ratio of -26.34, a price-to-earnings-growth ratio of 0.99 and a beta of 0.37.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Barclays reduced their price target on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Friday, January 10th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research report on Tuesday. JMP Securities reiterated a “market outperform” rating and set a $30.00 price objective on shares of Jamf in a research report on Tuesday, October 1st. Piper Sandler lowered their target price on Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Finally, Morgan Stanley initiated coverage on shares of Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price target for the company. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

Institutional Investors Weigh In On Jamf

A number of institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new stake in Jamf in the second quarter worth about $183,000. Dimensional Fund Advisors LP increased its holdings in Jamf by 0.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,831,566 shares of the company’s stock worth $30,216,000 after acquiring an additional 15,946 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in Jamf during the second quarter valued at about $81,000. Sei Investments Co. lifted its holdings in Jamf by 27.8% during the second quarter. Sei Investments Co. now owns 106,667 shares of the company’s stock valued at $1,760,000 after purchasing an additional 23,189 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in Jamf by 2,977.5% in the 2nd quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock valued at $16,760,000 after buying an additional 982,764 shares in the last quarter. 93.81% of the stock is owned by 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.