Jamf Holding Corp. (NASDAQ:JAMF) Receives Average Rating of “N/A” from Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned an average recommendation of “N/A” from the zero ratings firms that are covering the firm, Marketbeat reports.

Several analysts recently commented on the stock. Royal Bank of Canada dropped their price target on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Barclays decreased their price objective on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, February 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday. Finally, William Blair reaffirmed an “outperform” rating on shares of Jamf in a report on Friday, February 28th.

Insider Transactions at Jamf

In other news, CAO Anthony Grabenau sold 3,706 shares of the firm’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $14.13, for a total value of $52,365.78. Following the transaction, the chief accounting officer now directly owns 33,479 shares of the company’s stock, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Jamf

A number of institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in Jamf by 8.4% during the fourth quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company’s stock worth $152,375,000 after purchasing an additional 841,239 shares during the period. Vanguard Group Inc. raised its stake in Jamf by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 8,756,608 shares of the company’s stock worth $123,030,000 after purchasing an additional 114,036 shares during the period. Clearbridge Investments LLC raised its stake in Jamf by 20.2% during the fourth quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company’s stock worth $34,211,000 after purchasing an additional 409,531 shares during the period. Dimensional Fund Advisors LP raised its stake in Jamf by 8.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,081,200 shares of the company’s stock worth $29,242,000 after purchasing an additional 167,909 shares during the period. Finally, Geode Capital Management LLC raised its stake in 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 during the period. 93.81% of the stock is owned by hedge funds and other institutional investors.

Jamf Stock Down 2.5 %

JAMF stock opened at $13.81 on Tuesday. The firm has a market cap of $1.79 billion, a PE ratio of -25.11, a P/E/G ratio of 1.02 and a beta of 0.39. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s fifty day moving average is $14.76 and its 200 day moving average is $15.91. Jamf has a one year low of $13.30 and a one year high of $21.41.

About Jamf

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.