Barclays PLC Has $3.50 Million Stock Position in Jamf Holding Corp. (NASDAQ:JAMF)

Barclays PLC raised its stake in Jamf Holding Corp. (NASDAQ:JAMF) by 12.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 201,473 shares of the company’s stock after acquiring an additional 22,032 shares during the period. Barclays PLC owned about 0.16% of Jamf worth $3,495,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of JAMF. Crestwood Capital Management L.P. acquired a new position in shares of Jamf during the 3rd quarter worth about $3,470,000. Atom Investors LP grew its holdings in shares of Jamf by 213.4% during the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company’s stock worth $2,291,000 after purchasing an additional 89,901 shares in the last quarter. 272 Capital LP boosted its position in shares of Jamf by 41.4% during the 2nd quarter. 272 Capital LP now owns 151,932 shares of the company’s stock worth $2,507,000 after acquiring an additional 44,486 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Jamf by 28.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock worth $24,190,000 after buying an additional 306,558 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in Jamf by 2,977.5% in the 2nd quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock valued at $16,760,000 after purchasing an additional 982,764 shares during the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the transaction, the insider now owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. This represents a 3.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.30% of the company’s stock.

Jamf Stock Performance

Shares of JAMF opened at $14.65 on Tuesday. Jamf Holding Corp. has a 12 month low of $14.02 and a 12 month high of $21.41. The business’s fifty day simple moving average is $15.70 and its two-hundred day simple moving average is $16.71. The company has a market cap of $1.87 billion, a price-to-earnings ratio of -26.64, a P/E/G 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.

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.