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

Jamf Holding Corp. (NASDAQ:JAMF) has received a consensus rating of “N/A” from the zero research firms that are currently covering the company, Marketbeat.com reports.

JAMF has been the topic of several recent research reports. Mizuho increased their target price on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Needham & Company LLC reissued a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Tuesday, June 4th. Royal Bank of Canada increased their price target on shares of Jamf from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, May 9th. Barclays increased their price target 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. Finally, Canaccord Genuity Group increased their price target on shares of Jamf from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, May 9th.

Insider Buying and Selling at Jamf

In other news, CEO John Strosahl sold 25,000 shares of Jamf stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $15.39, for a total transaction of $384,750.00. Following the transaction, the chief executive officer now owns 1,043,965 shares in the company, valued at approximately $16,066,621.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO John Strosahl sold 25,000 shares of Jamf stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $15.39, for a total transaction of $384,750.00. Following the transaction, the chief executive officer now owns 1,043,965 shares in the company, valued at approximately $16,066,621.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Linh Lam sold 2,200 shares of Jamf stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $20.03, for a total value of $44,066.00. Following the transaction, the insider now owns 200,585 shares in the company, valued at approximately $4,017,717.55. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 132,076 shares of company stock worth $2,310,855. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Jamf

A number of hedge funds and other institutional investors have recently modified their holdings of JAMF. Assetmark Inc. grew its position in shares of Jamf by 20.6% during the fourth quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock worth $59,000 after buying an additional 559 shares in the last quarter. EntryPoint Capital LLC grew its position in shares of Jamf by 40.0% during the first quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after buying an additional 949 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Jamf by 8.5% during the first quarter. ProShare Advisors LLC now owns 12,710 shares of the company’s stock worth $233,000 after buying an additional 1,000 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Jamf by 33.4% during the first quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock worth $76,000 after buying an additional 1,043 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its position in shares of Jamf by 10.7% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 22,671 shares of the company’s stock worth $409,000 after buying an additional 2,192 shares in the last quarter. 93.81% of the stock is owned by institutional investors and hedge funds.

Jamf Trading Down 0.7 %

NASDAQ JAMF opened at $15.04 on Thursday. The company’s 50-day moving average price is $17.40 and its 200-day moving average price is $18.17. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.51. The stock has a market cap of $1.93 billion, a PE ratio of -17.69, a PEG ratio of 26.99 and a beta of 0.41. Jamf has a 12 month low of $14.68 and a 12 month high of $22.89.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. The firm had revenue of $152.12 million for the quarter, compared to analysts’ expectations of $149.21 million. Jamf had a negative net margin of 18.33% and a negative return on equity of 4.86%. The business’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.08) earnings per share. Equities research analysts forecast that Jamf will post 0.01 earnings per share for the current year.

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.