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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have received a consensus rating of “N/A” from the zero brokerages that are covering the firm, Marketbeat reports.

Several research analysts have recently weighed in on the stock. JMP Securities restated a “market outperform” rating and set a $30.00 price objective on shares of Jamf in a research note on Tuesday, October 1st. Morgan Stanley began coverage on Jamf in a research report on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and set a $25.00 target price on shares of Jamf in a report on Friday, October 4th. Canaccord Genuity Group cut their price target on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, The Goldman Sachs Group started coverage on shares of Jamf in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 price objective on the stock.

Jamf Trading Up 1.0 %

Jamf stock opened at $16.80 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a 50-day moving average of $17.35 and a 200-day moving average of $17.44. The company has a market cap of $2.14 billion, a price-to-earnings ratio of -23.66, a P/E/G ratio of 8.84 and a beta of 0.41. Jamf has a one year low of $14.68 and a one year high of $21.41.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Jamf had a negative return on equity of 1.97% and a negative net margin of 14.95%. The firm had revenue of $153.02 million for the quarter, compared to analyst estimates of $151.66 million. During the same quarter in the previous year, the firm earned ($0.19) EPS. The business’s quarterly revenue was up 13.3% on a year-over-year basis. On average, equities analysts expect that Jamf will post 0.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Linh Lam sold 7,702 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total transaction of $127,545.12. Following the sale, the insider now owns 187,438 shares of the company’s stock, valued at $3,103,973.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Jamf

Several institutional investors and hedge funds have recently bought and sold shares of the company. EVR Research LP raised its position in shares of Jamf by 282.9% in the 2nd quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock valued at $25,905,000 after buying an additional 1,160,000 shares in the last quarter. Marshall Wace LLP raised its position in Jamf by 2,977.5% during the second 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 in the last quarter. Kopp LeRoy C bought a new stake in Jamf during the first quarter worth $7,385,000. Principal Financial Group Inc. boosted its holdings in shares of Jamf by 28.2% in the 3rd quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock valued at $24,190,000 after purchasing an additional 306,558 shares in the last quarter. Finally, Washington Harbour Partners LP bought a new stake in shares of Jamf during the 1st quarter worth $2,628,000. Institutional investors own 93.81% of the company’s stock.

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.