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

Jamf Holding Corp. (NASDAQ:JAMF) has been assigned an average rating of “N/A” from the zero brokerages that are presently covering the firm, MarketBeat.com reports.

A number of equities research analysts have recently issued reports on JAMF shares. Canaccord Genuity Group dropped their price target on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Tuesday, June 4th. Finally, The Goldman Sachs Group started coverage on Jamf in a report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price target on the stock.

Insider Transactions at Jamf

In related news, insider Linh Lam sold 5,445 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $18.36, for a total value of $99,970.20. Following the sale, the insider now directly owns 195,140 shares in the company, valued at approximately $3,582,770.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Jamf news, insider Beth Tschida sold 1,696 shares of the company’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $18.76, for a total transaction of $31,816.96. Following the transaction, the insider now directly owns 333,631 shares in the company, valued at $6,258,917.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Linh Lam sold 5,445 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $18.36, for a total value of $99,970.20. Following the transaction, the insider now owns 195,140 shares of the company’s stock, valued at $3,582,770.40. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Jamf

Hedge funds have recently bought and sold shares of the company. EVR Research LP increased its stake in Jamf by 282.9% during the second quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock worth $25,905,000 after purchasing an additional 1,160,000 shares during the period. Marshall Wace LLP increased its stake in Jamf by 2,977.5% during the 2nd quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock worth $16,760,000 after buying an additional 982,764 shares during the period. Norges Bank acquired a new stake in Jamf during the 4th quarter worth approximately $13,169,000. Wellington Management Group LLP boosted its position in Jamf by 6.2% in the 4th quarter. Wellington Management Group LLP now owns 7,871,450 shares of the company’s stock valued at $142,158,000 after buying an additional 462,257 shares during the period. Finally, Kopp LeRoy C acquired a new position in shares of Jamf in the first quarter worth $7,385,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Trading Up 1.2 %

Shares of JAMF stock opened at $17.64 on Tuesday. Jamf has a fifty-two week low of $14.68 and a fifty-two week high of $21.41. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.91 and a current ratio of 0.91. The stock’s fifty day moving average is $17.84 and its two-hundred day moving average is $17.67. The firm has a market capitalization of $2.27 billion, a P/E ratio of -20.75, a PEG ratio of 7.67 and a beta of 0.41.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Jamf had a negative net margin of 14.95% and a negative return on equity of 1.97%. The firm had revenue of $153.02 million for the quarter, compared to the consensus estimate of $151.66 million. During the same period last year, the firm posted ($0.19) earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts expect that Jamf will post 0.04 earnings per share for the current fiscal 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.