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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have been given an average rating of “N/A” by the zero analysts that are presently covering the stock, Marketbeat Ratings reports.

JAMF has been the subject of several research analyst reports. Royal Bank of Canada increased their target price on shares of Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Thursday, May 9th. Mizuho increased their price objective on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Barclays lifted their target price on shares of Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, March 14th. Needham & Company LLC restated a “buy” rating and set a $25.00 price target on shares of Jamf in a research note on Tuesday, June 4th. Finally, Canaccord Genuity Group lifted their price objective on Jamf from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, May 9th.

Insiders Place Their Bets

In other news, insider Beth Tschida sold 7,526 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $18.27, for a total transaction of $137,500.02. Following the sale, the insider now owns 340,422 shares of the company’s stock, valued at approximately $6,219,509.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Jamf news, CFO Ian Goodkind sold 5,580 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $15.48, for a total transaction of $86,378.40. Following the completion of the transaction, the chief financial officer now owns 239,119 shares in the company, valued at approximately $3,701,562.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Beth Tschida sold 7,526 shares of Jamf stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $18.27, for a total transaction of $137,500.02. Following the completion of the sale, the insider now directly owns 340,422 shares in the company, valued at approximately $6,219,509.94. The disclosure for this sale can be found here. Insiders sold 132,076 shares of company stock valued at $2,310,855 in the last ninety days. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its holdings in Jamf by 12.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 444,538 shares of the company’s stock valued at $7,851,000 after buying an additional 49,252 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Jamf by 7.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 147,141 shares of the company’s stock worth $2,599,000 after buying an additional 10,232 shares during the last quarter. Keenan Capital LLC boosted its position in shares of Jamf by 6.0% in the 3rd quarter. Keenan Capital LLC now owns 2,730,496 shares of the company’s stock worth $48,221,000 after buying an additional 153,849 shares in the last quarter. Wellington Management Group LLP raised its position in Jamf by 0.4% during the third quarter. Wellington Management Group LLP now owns 7,409,193 shares of the company’s stock worth $130,846,000 after acquiring an additional 30,910 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Jamf by 1.8% during the third quarter. Vanguard Group Inc. now owns 7,188,675 shares of the company’s stock worth $126,952,000 after acquiring an additional 130,500 shares during the last quarter. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Stock Performance

Jamf stock opened at $16.50 on Thursday. The firm has a 50 day simple moving average of $17.23 and a 200-day simple moving average of $18.13. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of -19.41, a price-to-earnings-growth ratio of 28.23 and a beta of 0.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.96 and a quick ratio of 0.96. Jamf has a 1-year low of $14.68 and a 1-year high of $22.89.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.04. Jamf had a negative return on equity of 4.86% and a negative net margin of 18.33%. The company had revenue of $152.12 million during the quarter, compared to analyst estimates of $149.21 million. During the same period in the prior year, the business posted ($0.08) earnings per share. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. On average, analysts expect that Jamf will post 0.01 EPS for the current year.

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.