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

Jamf Holding Corp. (NASDAQ:JAMF) has earned a consensus rating of “N/A” from the zero ratings firms that are covering the stock, MarketBeat.com reports.

A number of equities research analysts have recently issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, March 4th. Piper Sandler reduced their price target on Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. William Blair reiterated an “outperform” rating on shares of Jamf in a research report on Friday, February 28th. Canaccord Genuity Group reissued a “buy” rating and issued a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Jamf in a research report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price target on the stock.

Insider Transactions at Jamf

In related news, 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 transaction of $52,365.78. Following the completion of the sale, the chief accounting officer now directly owns 33,479 shares in the company, valued at $473,058.27. This represents a 9.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Beth Tschida sold 88,797 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the completion of the sale, the insider now owns 487,810 shares in the company, valued at approximately $6,522,019.70. The trade was a 15.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 252,618 shares of company stock valued at $3,408,105. Company insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Franklin Resources Inc. increased its holdings in Jamf by 8.0% in the 3rd quarter. Franklin Resources Inc. now owns 516,635 shares of the company’s stock worth $8,664,000 after purchasing an additional 38,429 shares in the last quarter. Geode Capital Management LLC grew its holdings in Jamf by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock worth $30,391,000 after acquiring an additional 134,314 shares during the last quarter. Atom Investors LP lifted its holdings in Jamf by 213.4% during the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company’s stock worth $2,291,000 after buying an additional 89,901 shares during the period. SG Americas Securities LLC boosted its holdings in Jamf by 54.0% in the fourth quarter. SG Americas Securities LLC now owns 29,099 shares of the company’s stock valued at $409,000 after acquiring an additional 10,199 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in 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 purchasing an additional 795 shares during the period. 93.81% of the stock is currently owned by institutional investors.

Jamf Price Performance

Shares of JAMF opened at $12.42 on Friday. The firm has a market capitalization of $1.61 billion, a PE ratio of -22.58, a PEG ratio of 1.02 and a beta of 0.39. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The company’s 50-day moving average is $14.45 and its 200-day moving average is $15.35. Jamf has a fifty-two week low of $12.35 and a fifty-two week high of $21.41.

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.