Jamf (NASDAQ:JAMF) Rating Increased to Buy at Wall Street Zen

Jamf (NASDAQ:JAMF) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

JAMF has been the subject of a number of other reports. Mizuho set a $12.00 target price on Jamf in a research note on Friday, August 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Jamf in a report on Saturday, September 27th. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of Jamf in a research report on Tuesday, August 26th. JMP Securities lowered their price target on shares of Jamf from $27.00 to $18.00 and set a “market outperform” rating on the stock in a research note on Friday, August 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Jamf from $15.00 to $12.00 and set an “overweight” rating for the company in a research note on Thursday, July 17th.

Jamf Stock Performance

Shares of JAMF opened at $10.64 on Friday. The stock has a market capitalization of $1.40 billion, a P/E ratio of -27.28, a P/E/G ratio of 2.32 and a beta of 0.43. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.45 and a current ratio of 1.45. Jamf has a 1 year low of $7.09 and a 1 year high of $18.00. The company’s fifty day moving average is $9.32 and its two-hundred day moving average is $10.05.

Jamf (NASDAQ:JAMF) last released its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. The company had revenue of $176.50 million during the quarter, compared to analysts’ expectations of $168.58 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The business’s revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the business earned $0.14 EPS. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Jamf will post 0.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JAMF. Sunriver Management LLC boosted its stake in shares of Jamf by 46.9% during the 2nd quarter. Sunriver Management LLC now owns 4,519,582 shares of the company’s stock worth $42,981,000 after purchasing an additional 1,441,908 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Jamf by 133.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,369,447 shares of the company’s stock valued at $13,023,000 after buying an additional 781,968 shares during the period. Marshall Wace LLP boosted its position in Jamf by 181.7% during the second quarter. Marshall Wace LLP now owns 1,366,919 shares of the company’s stock worth $12,999,000 after acquiring an additional 881,745 shares during the last quarter. Northern Trust Corp grew its stake in Jamf by 1.0% in the 1st quarter. Northern Trust Corp now owns 811,760 shares of the company’s stock worth $9,863,000 after acquiring an additional 7,730 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in Jamf by 340.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 652,765 shares of the company’s stock worth $6,208,000 after acquiring an additional 504,425 shares during the period. 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.