Fmr LLC Purchases 13,441 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Fmr LLC increased its position in Jamf Holding Corp. (NASDAQ:JAMF) by 25.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,654 shares of the company’s stock after purchasing an additional 13,441 shares during the quarter. Fmr LLC owned approximately 0.05% of Jamf worth $1,139,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Jamf during the 2nd quarter worth about $811,000. Dakota Wealth Management acquired a new stake in Jamf during the second quarter valued at approximately $204,000. Fifth Third Bancorp bought a new stake in shares of Jamf in the 2nd quarter valued at approximately $45,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Jamf by 37.5% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,467 shares of the company’s stock worth $198,000 after buying an additional 3,401 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Jamf by 14.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,177 shares of the company’s stock worth $234,000 after buying an additional 1,755 shares during the period. Institutional investors and hedge funds own 93.81% of the company’s stock.

Insider Activity

In other Jamf news, insider Linh Lam sold 7,702 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $16.56, for a total transaction of $127,545.12. Following the completion of the sale, the insider now directly owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. The trade was a 3.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.30% of the stock is owned by insiders.

Jamf Trading Up 1.6 %

JAMF opened at $15.04 on Tuesday. Jamf Holding Corp. has a 1-year low of $14.02 and a 1-year high of $21.41. The stock has a market capitalization of $1.92 billion, a PE ratio of -27.35, a PEG ratio of 6.47 and a beta of 0.36. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a 50-day moving average price of $15.87 and a two-hundred day moving average price of $16.73.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on JAMF. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research report on Friday, October 4th. JMP Securities reiterated a “market outperform” rating and set a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. Morgan Stanley started coverage on shares of Jamf in a research report on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price target on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of Jamf in a research note on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and an average price target of $22.75.

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.