Blair William & Co. IL Boosts Stock Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Blair William & Co. IL increased its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 33.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 227,151 shares of the company’s stock after buying an additional 56,699 shares during the period. Blair William & Co. IL owned 0.18% of Jamf worth $3,191,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its stake in shares of Jamf by 50.8% during the 4th quarter. Prudential Financial Inc. now owns 179,715 shares of the company’s stock worth $2,667,000 after acquiring an additional 60,575 shares in the last quarter. Vanguard Group Inc. boosted its position in Jamf by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 8,756,608 shares of the company’s stock worth $123,030,000 after purchasing an additional 114,036 shares in the last quarter. LPL Financial LLC acquired a new stake in Jamf in the fourth quarter valued at approximately $235,000. Fox Run Management L.L.C. grew its holdings in Jamf by 530.2% in the fourth quarter. Fox Run Management L.L.C. now owns 73,049 shares of the company’s stock valued at $1,026,000 after purchasing an additional 61,457 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Jamf during the 4th quarter worth approximately $192,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on JAMF shares. Morgan Stanley initiated coverage on shares of Jamf in a research note on Tuesday, March 18th. They issued an “equal weight” rating and a $16.00 price target on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, March 4th. JPMorgan Chase & Co. initiated coverage on shares of Jamf in a research report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price target for the company. Barclays decreased their price target on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, February 28th. Finally, William Blair reiterated an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and an average target price of $21.30.

Insiders Place Their Bets

In related 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 sale, the chief accounting officer now owns 33,479 shares of the company’s stock, valued at approximately $473,058.27. This represents a 9.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO John Strosahl sold 56,170 shares of Jamf stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total transaction of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares in the company, valued at $20,931,671.34. This trade represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 252,618 shares of company stock valued at $3,408,105 in the last three months. 2.30% of the stock is currently owned by insiders.

Jamf Price Performance

NASDAQ:JAMF opened at $12.15 on Tuesday. Jamf Holding Corp. has a one year low of $11.99 and a one year high of $21.41. The stock has a market cap of $1.57 billion, a PE ratio of -22.09, a P/E/G ratio of 1.02 and a beta of 0.39. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50 day moving average price of $14.41 and a 200 day moving average price of $15.28.

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.