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 on Monday, March 17th. The shares were sold at an average price of $13.37, for a total value of $492,871.68. Following the sale, the director now owns 302,775 shares of the company’s stock, valued at approximately $4,048,101.75. This trade represents a 10.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Jamf Trading Up 2.3 %

Shares of NASDAQ JAMF traded up $0.31 during midday trading on Wednesday, hitting $13.65. The company’s stock had a trading volume of 780,124 shares, compared to its average volume of 546,626. 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 business’s 50 day moving average is $14.60 and its two-hundred day moving average is $15.58. Jamf Holding Corp. has a 12-month low of $12.90 and a 12-month high of $21.41. The firm has a market cap of $1.77 billion, a P/E ratio of -24.82, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39.

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price target on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research report on Tuesday, January 21st. Canaccord Genuity Group reissued a “buy” rating and set a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. William Blair reissued an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. JPMorgan Chase & Co. began coverage on Jamf in a research note on Thursday, February 6th. They set an “overweight” rating and a $20.00 price target for the company. Finally, Barclays decreased their price objective on Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.30.

Institutional Investors Weigh In On Jamf

Several hedge funds and other institutional investors have recently modified their holdings of the business. PharVision Advisers LLC purchased a new stake in shares of Jamf in the fourth quarter worth approximately $156,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Jamf by 20.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,980 shares of the company’s stock worth $2,051,000 after buying an additional 24,343 shares during the period. Voloridge Investment Management LLC purchased a new stake in shares of Jamf in the fourth quarter worth approximately $614,000. Squarepoint Ops LLC purchased a new stake in shares of Jamf in the fourth quarter worth approximately $1,188,000. Finally, Twinbeech Capital LP purchased a new position in Jamf during the 4th quarter worth $180,000. 93.81% of the stock is currently 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.