Jamf Holding Corp. (NASDAQ:JAMF) Director Dean Hager Sells 36,864 Shares

Jamf Holding Corp. (NASDAQ:JAMF) Director Dean Hager sold 36,864 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $492,871.68. Following the completion of the transaction, the director now owns 302,775 shares in the company, valued at approximately $4,048,101.75. This trade represents a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Jamf Stock Up 2.3 %

Shares of NASDAQ:JAMF opened at $13.65 on Thursday. The company’s fifty day moving average is $14.59 and its two-hundred day moving average is $15.56. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. Jamf Holding Corp. has a 1-year low of $12.90 and a 1-year high of $21.41. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of -24.82, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39.

Analyst Ratings Changes

A number of analysts recently issued reports on JAMF shares. William Blair restated an “outperform” rating on shares of Jamf in a research report on Friday, February 28th. Barclays dropped their price objective on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. Morgan Stanley assumed coverage on Jamf in a research report on Tuesday. They issued an “equal weight” rating and a $16.00 target price on the stock. Royal Bank of Canada reduced their price target on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. began coverage on Jamf in a report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 price target for the company. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and an average price target of $21.30.

Institutional Investors Weigh In On Jamf

Several institutional investors and hedge funds have recently bought and sold shares of JAMF. Versant Capital Management Inc grew its holdings in shares of Jamf by 24.5% during the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after purchasing an additional 795 shares during the last quarter. Centiva Capital LP grew its stake in Jamf by 4.1% during the 4th quarter. Centiva Capital LP now owns 22,543 shares of the company’s stock worth $317,000 after buying an additional 898 shares during the last quarter. Assetmark Inc. increased its position in Jamf by 45.9% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $76,000 after buying an additional 1,387 shares during the period. 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 valued at $43,000 after buying an additional 1,405 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 acquiring an additional 1,754 shares during 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.