Jamf Holding Corp. (NASDAQ:JAMF) Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 27.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 182,115 shares of the company’s stock after selling 68,936 shares during the quarter. Blair William & Co. IL owned about 0.14% of Jamf worth $3,005,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JAMF. Versant Capital Management Inc raised its stake in Jamf by 17,830.8% during the second quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock valued at $38,000 after buying an additional 2,318 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Jamf during the second quarter valued at approximately $45,000. Assetmark Inc. raised its position in shares of Jamf by 20.6% during the 4th quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock worth $59,000 after purchasing an additional 559 shares during the period. EntryPoint Capital LLC raised its position 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 period. Finally, Advisors Asset Management Inc. raised its position 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 period. Institutional investors and hedge funds own 93.81% of the company’s stock.

Analyst Upgrades and Downgrades

JAMF has been the topic of a number of research reports. JMP Securities reiterated a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research report on Wednesday, September 18th. The Goldman Sachs Group initiated coverage on Jamf in a research report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Tuesday, June 4th. Finally, Canaccord Genuity Group dropped their price target on Jamf from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.38.

Jamf Stock Down 0.5 %

JAMF opened at $18.49 on Monday. Jamf Holding Corp. has a 12 month low of $14.68 and a 12 month high of $21.41. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market cap of $2.38 billion, a P/E ratio of -21.75, a P/E/G ratio of 7.64 and a beta of 0.41. The stock’s 50 day moving average price is $17.90 and its 200 day moving average price is $17.66.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $153.02 million during the quarter, compared to analyst estimates of $151.66 million. Jamf had a negative return on equity of 1.97% and a negative net margin of 14.95%. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company posted ($0.19) EPS. As a group, research analysts predict that Jamf Holding Corp. will post 0.04 earnings per share for the current year.

Insider Buying and Selling at Jamf

In other Jamf news, insider Beth Tschida sold 1,696 shares of the stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $18.76, for a total transaction of $31,816.96. Following the completion of the transaction, the insider now directly owns 333,631 shares of the company’s stock, valued at approximately $6,258,917.56. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Beth Tschida sold 1,696 shares of the firm’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $18.76, for a total transaction of $31,816.96. Following the completion of the sale, the insider now directly owns 333,631 shares of the company’s stock, valued at approximately $6,258,917.56. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $99,970.20. Following the sale, the insider now directly owns 195,140 shares of the company’s stock, valued at $3,582,770.40. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by corporate insiders.

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.