Dimensional Fund Advisors LP Has $30.22 Million Stock Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Dimensional Fund Advisors LP grew its position in Jamf Holding Corp. (NASDAQ:JAMF) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,831,566 shares of the company’s stock after buying an additional 15,946 shares during the period. Dimensional Fund Advisors LP owned approximately 1.43% of Jamf worth $30,216,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in 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 acquiring an additional 2,318 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Jamf during the 2nd quarter valued at about $45,000. EntryPoint Capital LLC grew its position in shares of Jamf by 40.0% in the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock valued at $61,000 after purchasing an additional 949 shares during the period. Advisors Asset Management Inc. increased its stake in 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 in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Jamf during the 2nd quarter worth approximately $183,000. Institutional investors own 93.81% of the company’s stock.

Insider Buying and Selling at Jamf

In other news, insider Linh Lam sold 5,445 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $18.36, for a total transaction of $99,970.20. Following the completion of the sale, the insider now owns 195,140 shares in the company, valued at approximately $3,582,770.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Jamf news, insider Beth Tschida sold 1,696 shares of the company’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $18.76, for a total value of $31,816.96. Following 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 legal filing with the SEC, which is accessible through this link. Also, insider Linh Lam sold 5,445 shares of Jamf 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 approximately $3,582,770.40. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on JAMF. JMP Securities reiterated a “market outperform” rating and issued a $30.00 price target on shares of Jamf in a report on Tuesday. The Goldman Sachs Group initiated coverage on Jamf in a report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 target price for the company. Needham & Company LLC restated a “buy” rating and issued a $25.00 price target on shares of Jamf in a report on Tuesday, September 24th. Finally, Canaccord Genuity Group reduced their price objective on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Jamf currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.38.

Jamf Stock Down 2.3 %

JAMF stock opened at $16.95 on Wednesday. The company has a market cap of $2.18 billion, a price-to-earnings ratio of -19.94, a P/E/G ratio of 8.20 and a beta of 0.41. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.53. Jamf Holding Corp. has a twelve month low of $14.68 and a twelve month high of $21.41. The business has a 50 day moving average price of $17.77 and a two-hundred day moving average price of $17.64.

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

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.