Jamf Holding Corp. (NASDAQ:JAMF) Given Average Recommendation of “N/A” by Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned a consensus rating of “N/A” from the zero analysts that are currently covering the stock, MarketBeat reports.

A number of brokerages have recently issued reports on JAMF. Royal Bank of Canada cut their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 21st. Needham & Company LLC restated a “buy” rating and issued a $25.00 target price on shares of Jamf in a research note on Tuesday, March 4th. Piper Sandler cut their target price on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. began coverage on shares of Jamf in a research report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price objective for the company. Finally, Barclays lowered their price objective on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, February 28th.

Insiders Place Their Bets

In other Jamf news, CAO Anthony Grabenau sold 3,706 shares of the company’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 completion of the transaction, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. This represents a 9.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Crestwood Capital Management L.P. acquired a new position in shares of Jamf during the third quarter valued at approximately $3,470,000. Franklin Resources Inc. increased its stake in shares of Jamf by 8.0% during the third quarter. Franklin Resources Inc. now owns 516,635 shares of the company’s stock valued at $8,664,000 after acquiring an additional 38,429 shares during the period. Geode Capital Management LLC increased its stake in shares of Jamf by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock valued at $30,391,000 after acquiring an additional 134,314 shares during the period. Atom Investors LP increased its stake in shares of Jamf by 213.4% during the third quarter. Atom Investors LP now owns 132,036 shares of the company’s stock valued at $2,291,000 after acquiring an additional 89,901 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Jamf by 54.0% during the fourth quarter. SG Americas Securities LLC now owns 29,099 shares of the company’s stock valued at $409,000 after acquiring an additional 10,199 shares during the period. Institutional investors own 93.81% of the company’s stock.

Jamf Stock Performance

Shares of Jamf stock opened at $13.03 on Tuesday. The firm has a market cap of $1.69 billion, a PE ratio of -23.69, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. The firm’s 50-day simple moving average is $14.72 and its 200-day simple moving average is $15.80. 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 has a 1 year low of $12.90 and a 1 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.