Jamf Holding Corp. (NASDAQ:JAMF) CAO Sells $131,933.60 in Stock

Jamf Holding Corp. (NASDAQ:JAMF) CAO Anthony Grabenau sold 9,701 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $131,933.60. Following the transaction, the chief accounting officer now owns 57,946 shares of the company’s stock, valued at approximately $788,065.60. The trade was a 14.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Anthony Grabenau also recently made the following trade(s):

• On Thursday, January 16th, Anthony Grabenau sold 3,706 shares of Jamf stock. The stock was sold at an average price of $14.13, for a total transaction of $52,365.78.

Jamf Stock Down 1.9 %

JAMF stock traded down $0.25 during midday trading on Friday, reaching $13.17. 1,387,035 shares of the company’s stock traded hands, compared to its average volume of 551,413. 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 company has a market cap of $1.70 billion, a price-to-earnings ratio of -23.95, a P/E/G ratio of 1.02 and a beta of 0.39. The firm’s fifty day moving average price is $14.58 and its 200-day moving average price is $15.55. Jamf Holding Corp. has a 52 week low of $12.90 and a 52 week high of $21.41.

Analysts Set New Price Targets

Several research firms have issued reports on JAMF. William Blair restated an “outperform” rating on shares of Jamf in a report on Friday, February 28th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research note on Tuesday, March 4th. Royal Bank of Canada lowered their price objective on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research note on Tuesday, January 21st. Barclays lowered 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. Finally, Piper Sandler lowered their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.30.

Hedge Funds Weigh In On Jamf

Hedge funds have recently bought and sold shares of the company. Quarry LP boosted its holdings in Jamf by 130.9% during the 3rd 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 last quarter. Blue Trust Inc. boosted its holdings in Jamf by 238.0% during the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock worth $50,000 after acquiring an additional 2,523 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Jamf by 24.5% during the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock worth $57,000 after acquiring an additional 795 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Jamf by 51.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock worth $104,000 after buying an additional 2,500 shares during the last quarter. Finally, Versor Investments LP purchased a new position in shares of Jamf in the 4th quarter worth about $142,000. 93.81% of the stock is owned by hedge funds and other 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.