Jamf Holding Corp. (NASDAQ:JAMF) Shares Sold by US Bancorp DE

US Bancorp DE reduced its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 8.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,144 shares of the company’s stock after selling 726 shares during the quarter. US Bancorp DE’s holdings in Jamf were worth $141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in JAMF. Vanguard Group Inc. grew its holdings in Jamf by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 7,407,221 shares of the company’s stock valued at $135,923,000 after buying an additional 129,489 shares during the period. Dimensional Fund Advisors LP grew its holdings in Jamf by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,831,566 shares of the company’s stock valued at $30,216,000 after purchasing an additional 15,946 shares during the period. EVR Research LP increased its position in Jamf by 282.9% during the second quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock worth $25,905,000 after purchasing an additional 1,160,000 shares during the last quarter. Principal Financial Group Inc. raised its stake in Jamf by 9.8% during the second quarter. Principal Financial Group Inc. now owns 1,087,669 shares of the company’s stock worth $17,947,000 after purchasing an additional 97,120 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of Jamf by 2,977.5% in the 2nd quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock valued at $16,760,000 after purchasing an additional 982,764 shares during the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Jamf

In related news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the sale, the insider now owns 187,438 shares of the company’s stock, valued at $3,103,973.28. This represents a 3.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

JAMF has been the topic of a number of research analyst reports. The Goldman Sachs Group assumed coverage on Jamf in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price on the stock. Morgan Stanley initiated coverage on shares of Jamf in a research report on Monday, October 14th. They set an “equal weight” rating and a $20.00 price target for the company. Canaccord Genuity Group decreased their target price on shares of Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. JMP Securities reaffirmed a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $25.00 price objective on shares of Jamf in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Jamf presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.75.

Jamf Trading Down 3.1 %

Jamf stock opened at $14.84 on Friday. The firm has a 50-day moving average price of $17.00 and a two-hundred day moving average price of $17.28. Jamf Holding Corp. has a 52-week low of $14.47 and a 52-week high of $21.41. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -26.65, a PEG ratio of 7.54 and a beta of 0.41. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

Jamf 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.