Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 54.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,099 shares of the company’s stock after purchasing an additional 10,199 shares during the quarter. SG Americas Securities LLC’s holdings in Jamf were worth $409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP raised its position in Jamf by 6.0% during the third quarter. Wellington Management Group LLP now owns 10,003,973 shares of the company’s stock valued at $173,569,000 after acquiring an additional 565,008 shares in the last quarter. Principal Financial Group Inc. raised its position in Jamf by 28.2% during the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock valued at $24,190,000 after acquiring an additional 306,558 shares in the last quarter. Crestwood Capital Management L.P. purchased a new stake in shares of Jamf in the third quarter valued at approximately $3,470,000. Quantinno Capital Management LP increased its position in shares of Jamf by 97.1% in the third quarter. Quantinno Capital Management LP now owns 292,626 shares of the company’s stock valued at $5,077,000 after buying an additional 144,144 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Jamf by 8.3% in the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock valued at $30,391,000 after buying an additional 134,314 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Stock Performance

NASDAQ JAMF opened at $15.11 on Monday. The stock’s fifty day moving average is $14.71 and its two-hundred day moving average is $16.33. The firm has a market capitalization of $1.93 billion, a P/E ratio of -27.47, a price-to-earnings-growth ratio of 1.07 and a beta of 0.37. 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 Holding Corp. has a fifty-two week low of $13.40 and a fifty-two week high of $21.41.

Analyst Ratings Changes

JAMF has been the subject of a number of recent analyst reports. Morgan Stanley initiated 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 restated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Tuesday, January 21st. Piper Sandler cut their price objective on Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada cut their price objective on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research report on Tuesday, January 21st. Finally, Barclays lowered their price target on Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Friday, January 10th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Insiders Place Their Bets

In related news, CAO Anthony Grabenau sold 3,706 shares of the business’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $14.13, for a total value of $52,365.78. Following the sale, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. The trade was a 9.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by corporate insiders.

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.