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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have been given a consensus rating of “N/A” by the zero research firms that are covering the company, MarketBeat reports.

A number of equities research analysts have recently issued reports on JAMF shares. JMP Securities reissued a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. The Goldman Sachs Group initiated coverage on shares of Jamf in a report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 target price on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research note on Friday, October 4th. Finally, Morgan Stanley started coverage on Jamf in a research note on Monday, October 14th. They set an “equal weight” rating and a $20.00 price objective on the stock.

Insider Buying and Selling at Jamf

In related news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction dated 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 in the company, valued at $3,103,973.28. This represents a 3.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP grew its position in Jamf by 130.9% in the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after purchasing an additional 1,405 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Jamf in the 2nd quarter worth about $45,000. Venturi Wealth Management LLC lifted its position in Jamf by 57.1% in the 3rd quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock valued at $63,000 after acquiring an additional 1,327 shares in the last quarter. Assetmark Inc. boosted its stake in Jamf by 45.9% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after purchasing an additional 1,387 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Jamf in the second quarter valued at approximately $81,000. Institutional investors own 93.81% of the company’s stock.

Jamf Stock Performance

JAMF opened at $14.64 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The business has a fifty day simple moving average of $15.57 and a 200 day simple moving average of $16.68. Jamf has a 1 year low of $14.02 and a 1 year high of $21.41. The company has a market capitalization of $1.87 billion, a PE ratio of -26.62, a price-to-earnings-growth ratio of 6.47 and a beta of 0.37.

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.