Jamf Holding Corp. (NASDAQ:JAMF) Insider Linh Lam Sells 2,200 Shares

Jamf Holding Corp. (NASDAQ:JAMF) insider Linh Lam sold 2,200 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $20.03, for a total transaction of $44,066.00. Following the completion of the sale, the insider now owns 200,585 shares in the company, valued at $4,017,717.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jamf Price Performance

Shares of JAMF opened at $21.00 on Wednesday. The company has a 50 day moving average of $18.40 and a 200-day moving average of $18.12. 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 stock has a market capitalization of $2.69 billion, a P/E ratio of -23.60 and a beta of 0.47. Jamf Holding Corp. has a twelve month low of $14.83 and a twelve month high of $22.89.

Jamf (NASDAQ:JAMF) last released its earnings results on Tuesday, February 27th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.05. Jamf had a negative net margin of 19.64% and a negative return on equity of 6.12%. The business had revenue of $150.65 million during the quarter, compared to the consensus estimate of $148.34 million. As a group, equities research analysts forecast that Jamf Holding Corp. will post -0.03 EPS for the current fiscal year.

Institutional Trading of Jamf

Several institutional investors and hedge funds have recently bought and sold shares of JAMF. Assetmark Inc. increased its position in shares of Jamf by 20.6% during the 4th quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock worth $59,000 after purchasing an additional 559 shares during the last quarter. Raymond James & Associates raised its position in Jamf by 2.8% during the third quarter. Raymond James & Associates now owns 38,800 shares of the company’s stock worth $685,000 after acquiring an additional 1,074 shares in the last quarter. Swiss National Bank lifted its stake in Jamf by 1.0% in the third quarter. Swiss National Bank now owns 109,000 shares of the company’s stock valued at $1,925,000 after acquiring an additional 1,100 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in shares of Jamf by 10.7% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 22,671 shares of the company’s stock worth $409,000 after purchasing an additional 2,192 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Jamf by 3.2% in the 3rd quarter. Deutsche Bank AG now owns 112,389 shares of the company’s stock valued at $1,985,000 after purchasing an additional 3,505 shares during the period. Institutional investors own 93.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Barclays upped their price objective on shares of Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Thursday, March 14th. Royal Bank of Canada restated an “outperform” rating and issued a $21.00 price target on shares of Jamf in a report on Thursday, March 14th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Thursday, March 14th. Finally, Mizuho dropped their target price on shares of Jamf from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $23.67.

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.