Versant Capital Management Inc Buys 795 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Versant Capital Management Inc grew its stake in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 24.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,039 shares of the company’s stock after buying an additional 795 shares during the period. Versant Capital Management Inc’s holdings in Jamf were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Crestwood Capital Management L.P. bought a new position in Jamf during the 3rd quarter worth approximately $3,470,000. Franklin Resources Inc. raised its holdings in Jamf by 8.0% in the third quarter. Franklin Resources Inc. now owns 516,635 shares of the company’s stock worth $8,664,000 after purchasing an additional 38,429 shares during the period. Geode Capital Management LLC boosted its position in shares of Jamf by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock worth $30,391,000 after purchasing an additional 134,314 shares in the last quarter. Atom Investors LP grew its holdings in shares of Jamf by 213.4% in the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company’s stock valued at $2,291,000 after buying an additional 89,901 shares during the period. Finally, 272 Capital LP increased its position in shares of Jamf by 41.4% in the 2nd quarter. 272 Capital LP now owns 151,932 shares of the company’s stock valued at $2,507,000 after buying an additional 44,486 shares in the last quarter. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JAMF has been the subject of a number of research analyst reports. Morgan Stanley started coverage on Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 target price for the company. JMP Securities reiterated a “market outperform” rating and issued a $30.00 price objective on shares of Jamf in a research report on Tuesday, October 1st. Finally, Needham & Company LLC restated a “buy” rating and set a $25.00 target price on shares of Jamf in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.75.

Insider Transactions at Jamf

In related news, insider Linh Lam sold 7,702 shares of Jamf stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $16.56, for a total value of $127,545.12. Following the sale, the insider now 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.30% of the stock is currently owned by insiders.

Jamf Trading Up 1.3 %

NASDAQ JAMF opened at $14.27 on Monday. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of -25.94, a PEG ratio of 6.33 and a beta of 0.37. Jamf Holding Corp. has a 52 week low of $13.84 and a 52 week high of $21.41. The stock’s 50 day moving average price is $15.23 and its two-hundred day moving average price is $16.63. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

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.