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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned a consensus rating of “N/A” from the zero research firms that are covering the company, Marketbeat Ratings reports.

Several brokerages have weighed in on JAMF. Canaccord Genuity Group decreased their price objective on shares of Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, June 4th. Mizuho raised their price objective on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Finally, Royal Bank of Canada raised their price objective on shares of Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday, May 9th.

Insider Transactions at Jamf

In other news, insider Beth Tschida sold 1,696 shares of the firm’s stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $18.76, for a total value of $31,816.96. Following the transaction, the insider now directly owns 333,631 shares in the company, valued at approximately $6,258,917.56. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Beth Tschida sold 1,696 shares of Jamf stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $18.76, for a total value of $31,816.96. Following the sale, the insider now directly owns 333,631 shares in the company, valued at approximately $6,258,917.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO John Strosahl sold 25,000 shares of Jamf stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $15.39, for a total transaction of $384,750.00. Following the completion of the sale, the chief executive officer now owns 1,043,965 shares in the company, valued at $16,066,621.35. The disclosure for this sale can be found here. In the last three months, insiders have sold 72,607 shares of company stock worth $1,128,725. 2.30% of the stock is currently owned by insiders.

Institutional Trading of Jamf

Several hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of Jamf by 6.2% during the 4th quarter. Wellington Management Group LLP now owns 7,871,450 shares of the company’s stock worth $142,158,000 after buying an additional 462,257 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Jamf by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 7,407,221 shares of the company’s stock worth $135,923,000 after buying an additional 129,489 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Jamf by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,831,566 shares of the company’s stock worth $30,216,000 after buying an additional 15,946 shares in the last quarter. EVR Research LP raised its position in shares of Jamf by 282.9% during the 2nd quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock worth $25,905,000 after buying an additional 1,160,000 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Jamf by 9.8% during the 2nd quarter. Principal Financial Group Inc. now owns 1,087,669 shares of the company’s stock worth $17,947,000 after buying an additional 97,120 shares in the last quarter. 93.81% of the stock is currently owned by institutional investors.

Jamf Stock Performance

Jamf stock opened at $18.27 on Friday. Jamf has a 52 week low of $14.68 and a 52 week high of $21.41. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.51. The stock has a market cap of $2.35 billion, a P/E ratio of -21.49, a price-to-earnings-growth ratio of 31.47 and a beta of 0.41. The stock has a 50 day moving average of $17.08 and a 200-day moving average of $17.87.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $153.02 million for the quarter, compared to the consensus estimate of $151.66 million. Jamf had a negative net margin of 18.33% and a negative return on equity of 4.86%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.19) EPS. On average, analysts expect that Jamf will post 0.01 EPS for the current fiscal year.

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.