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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have received an average rating of “N/A” from the zero research firms that are presently covering the company, MarketBeat Ratings reports.

Several research firms have commented on JAMF. The Goldman Sachs Group began coverage on shares of Jamf in a research report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 target price on the stock. Morgan Stanley began coverage on Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $25.00 price target on shares of Jamf in a research report on Friday, October 4th.

Insiders Place Their Bets

In related news, insider Linh Lam sold 7,702 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the completion of the sale, the insider now owns 187,438 shares in the company, valued at $3,103,973.28. This trade represents a 3.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate 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. Wellington Management Group LLP boosted its stake in Jamf by 6.0% in the third quarter. Wellington Management Group LLP now owns 10,003,973 shares of the company’s stock worth $173,569,000 after purchasing an additional 565,008 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Jamf by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,831,566 shares of the company’s stock worth $30,216,000 after buying an additional 15,946 shares in the last quarter. Geode Capital Management LLC grew its holdings in Jamf by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock worth $30,391,000 after acquiring an additional 134,314 shares during the last quarter. EVR Research LP increased its position in Jamf by 282.9% in the 2nd quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock valued at $25,905,000 after acquiring an additional 1,160,000 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Jamf by 28.2% in the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock worth $24,190,000 after acquiring an additional 306,558 shares during the last quarter. 93.81% of the stock is owned by institutional investors and hedge funds.

Jamf Price Performance

NASDAQ JAMF opened at $14.65 on Thursday. The company has a 50 day moving average price of $15.70 and a two-hundred day moving average price of $16.71. Jamf has a 12-month low of $14.02 and a 12-month high of $21.41. The stock has a market capitalization of $1.87 billion, a PE ratio of -26.64, a price-to-earnings-growth ratio of 6.47 and a beta of 0.36. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

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.