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

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

Several brokerages have commented on JAMF. Canaccord Genuity Group decreased their target price on shares of Jamf from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group began coverage on Jamf in a research note on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research note on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Friday.

Insider Transactions at Jamf

In other news, insider Linh Lam sold 5,445 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $18.36, for a total value of $99,970.20. Following the completion of the sale, the insider now directly owns 195,140 shares of the company’s stock, valued at approximately $3,582,770.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Jamf news, insider Linh Lam sold 5,445 shares of the company’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 approximately $3,582,770.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Beth Tschida sold 1,696 shares of Jamf stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $18.76, for a total value of $31,816.96. Following the completion of the transaction, the insider now directly owns 333,631 shares in the company, valued at $6,258,917.56. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. EntryPoint Capital LLC boosted its holdings in shares of Jamf by 40.0% during the first quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after purchasing an additional 949 shares during the period. ProShare Advisors LLC increased its stake in shares of Jamf by 8.5% in the first quarter. ProShare Advisors LLC now owns 12,710 shares of the company’s stock worth $233,000 after purchasing an additional 1,000 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Jamf by 33.4% during the first quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock worth $76,000 after buying an additional 1,043 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Jamf by 14.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,177 shares of the company’s stock worth $234,000 after acquiring an additional 1,755 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its position in Jamf by 10.7% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 22,671 shares of the company’s stock worth $409,000 after purchasing an additional 2,192 shares during the last quarter. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Price Performance

Shares of NASDAQ JAMF opened at $17.27 on Friday. The firm has a market capitalization of $2.22 billion, a PE ratio of -20.32, a price-to-earnings-growth ratio of 8.20 and a beta of 0.41. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.91 and a current ratio of 0.91. Jamf has a fifty-two week low of $14.68 and a fifty-two week high of $21.41. The stock’s 50-day simple moving average is $17.67 and its 200-day simple moving average is $17.63.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $151.66 million. During the same quarter in the prior year, the business earned ($0.19) EPS. Jamf’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, equities research analysts forecast that Jamf will post 0.04 EPS for the current fiscal year.

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.