Dakota Wealth Management Increases Stake in Jamf Holding Corp. (NASDAQ:JAMF)

Dakota Wealth Management lifted its stake in Jamf Holding Corp. (NASDAQ:JAMF) by 44.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,015 shares of the company’s stock after purchasing an additional 5,249 shares during the quarter. Dakota Wealth Management’s holdings in Jamf were worth $239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Versant Capital Management Inc raised its position in shares of Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after purchasing an additional 795 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of Jamf by 57.1% in the 3rd 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. raised its position in shares of Jamf by 45.9% in the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after purchasing an additional 1,387 shares during the last quarter. Quarry LP raised its position in shares of Jamf by 130.9% in the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after purchasing an additional 1,405 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Jamf by 7.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 44,671 shares of the company’s stock worth $775,000 after buying an additional 3,154 shares during the last quarter. 93.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Jamf

In related news, CAO Anthony Grabenau sold 3,706 shares of Jamf stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total value of $52,365.78. Following the sale, the chief accounting officer now owns 33,479 shares of the company’s stock, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Piper Sandler reduced their price target on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Barclays reduced their price target on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating for the company in a research report on Friday, January 10th. Morgan Stanley assumed coverage on shares of Jamf in a research report on Monday, October 14th. They set an “equal weight” rating and a $20.00 price target for the company. Needham & Company LLC reissued a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Tuesday, January 21st. Finally, JMP Securities reissued a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Jamf Price Performance

NASDAQ:JAMF opened at $14.75 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of -26.82, a price-to-earnings-growth ratio of 1.02 and a beta of 0.37. The company has a 50 day moving average price of $14.62 and a 200-day moving average price of $16.43. Jamf Holding Corp. has a 1-year low of $13.40 and a 1-year high of $21.41.

Jamf 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.