Jamf Holding Corp. (NASDAQ:JAMF) Receives Average Rating of “N/A” from Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned a consensus recommendation of “N/A” from the zero brokerages that are presently covering the company, Marketbeat reports.

Several research firms have recently weighed in on JAMF. Mizuho set a $15.00 price objective on Jamf in a research note on Wednesday, April 16th. Barclays reduced their target price on Jamf from $16.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, April 21st. Canaccord Genuity Group reissued a “buy” rating and issued a $21.00 target price on shares of Jamf in a report on Wednesday, February 26th. William Blair reissued an “outperform” rating on shares of Jamf in a report on Friday, February 28th. Finally, Morgan Stanley reduced their target price on Jamf from $16.00 to $14.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th.

Insiders Place Their Bets

In other news, Director Dean Hager sold 36,864 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $492,871.68. Following the transaction, the director now owns 302,775 shares of the company’s stock, valued at $4,048,101.75. This represents a 10.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Beth Tschida sold 88,797 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $13.37, for a total value of $1,187,215.89. Following the completion of the transaction, the insider now directly owns 487,810 shares in the company, valued at approximately $6,522,019.70. This trade represents a 15.40 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 248,912 shares of company stock valued at $3,355,739. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in shares of Jamf by 30.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 104,681 shares of the company’s stock valued at $1,272,000 after purchasing an additional 24,624 shares during the period. Palisade Capital Management LP acquired a new position in shares of Jamf in the 1st quarter valued at $7,567,000. Oppenheimer Asset Management Inc. acquired a new position in shares of Jamf in the 1st quarter valued at $126,000. Janney Montgomery Scott LLC acquired a new stake in Jamf during the 1st quarter worth $731,000. Finally, SG Americas Securities LLC lifted its holdings in Jamf by 97.6% during the first quarter. SG Americas Securities LLC now owns 57,493 shares of the company’s stock worth $699,000 after acquiring an additional 28,394 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Trading Up 0.4 %

JAMF stock opened at $11.72 on Wednesday. Jamf has a 1-year low of $8.00 and a 1-year high of $21.41. The firm has a market cap of $1.52 billion, a P/E ratio of -21.31, a P/E/G ratio of 1.02 and a beta of 0.43. The business’s 50 day moving average is $12.48 and its 200-day moving average is $14.32. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

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.