Barclays PLC Acquires 22,032 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Barclays PLC lifted its position in Jamf Holding Corp. (NASDAQ:JAMF) by 12.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 201,473 shares of the company’s stock after buying an additional 22,032 shares during the period. Barclays PLC’s holdings in Jamf were worth $3,495,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Quarry LP raised its position in shares of Jamf by 130.9% in the third quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after buying an additional 1,405 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Jamf in the second quarter valued at approximately $45,000. Venturi Wealth Management LLC increased its holdings in shares of Jamf by 57.1% in the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock valued at $63,000 after purchasing an additional 1,327 shares during the last quarter. Assetmark Inc. boosted its stake in Jamf by 45.9% during the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $76,000 after buying an additional 1,387 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in Jamf in the 2nd quarter valued at $81,000. 93.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the sale, the insider now directly owns 187,438 shares in the company, valued at approximately $3,103,973.28. This represents a 3.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Jamf in a research report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price target for the company. Morgan Stanley initiated coverage on Jamf in a report on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price target for the company. JMP Securities reaffirmed a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research note on Friday, October 4th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $22.75.

Jamf Trading Down 0.3 %

Shares of NASDAQ:JAMF opened at $14.65 on Tuesday. Jamf Holding Corp. has a fifty-two week low of $14.02 and a fifty-two week high of $21.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The company has a market cap of $1.87 billion, a PE ratio of -26.64, a P/E/G ratio of 6.47 and a beta of 0.36. The company’s 50-day moving average price is $15.70 and its 200 day moving average price is $16.71.

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.