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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned a consensus rating of “N/A” from the zero research firms that are currently covering the firm, MarketBeat.com reports.

A number of analysts recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research report on Friday, October 4th. Morgan Stanley began coverage on shares of Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective for the company. The Goldman Sachs Group began coverage on Jamf in a research note on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 target price on the stock. Canaccord Genuity Group decreased their price target on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research note on Tuesday, October 1st.

Insider Buying and Selling at Jamf

In other news, insider Linh Lam sold 5,445 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $18.36, for a total transaction of $99,970.20. Following the transaction, the insider now owns 195,140 shares in the company, valued at approximately $3,582,770.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Jamf

Several institutional investors have recently bought and sold shares of JAMF. Versant Capital Management Inc lifted its holdings in Jamf by 17,830.8% during the second quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock worth $38,000 after buying an additional 2,318 shares during the period. Fifth Third Bancorp bought a new position in shares of Jamf in the 2nd quarter worth $45,000. EntryPoint Capital LLC lifted its stake in shares of Jamf by 40.0% during the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after purchasing an additional 949 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Jamf by 33.4% during the 1st quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock worth $76,000 after purchasing an additional 1,043 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in Jamf during the second quarter valued at about $81,000. 93.81% of the stock is owned by hedge funds and other institutional investors.

Jamf Stock Up 2.1 %

NASDAQ JAMF opened at $16.73 on Wednesday. Jamf has a one year low of $14.68 and a one year high of $21.41. The company has a market capitalization of $2.14 billion, a P/E ratio of -19.68, a P/E/G ratio of 8.76 and a beta of 0.41. The stock has a 50 day moving average price of $17.44 and a 200-day moving average price of $17.46. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.91 and a current ratio of 0.91.

Jamf (NASDAQ:JAMF) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. Jamf had a negative net margin of 14.95% and a negative return on equity of 1.97%. The firm had revenue of $153.02 million during the quarter, compared to the consensus estimate of $151.66 million. During the same quarter last year, the firm earned ($0.19) EPS. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, equities analysts predict that Jamf will post 0.03 EPS for the current fiscal year.

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.