Nordea Investment Management AB Increases Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Nordea Investment Management AB raised its position in Jamf Holding Corp. (NASDAQ:JAMF) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 153,736 shares of the company’s stock after purchasing an additional 5,171 shares during the period. Nordea Investment Management AB’s holdings in Jamf were worth $2,192,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JAMF. Quarry LP boosted its position in 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 buying an additional 1,405 shares during the last quarter. Versant Capital Management Inc boosted its position in 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 buying an additional 795 shares during the last quarter. Venturi Wealth Management LLC boosted its position in 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 buying an additional 1,327 shares during the last quarter. Assetmark Inc. boosted its position in 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 buying an additional 1,387 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Jamf during the second quarter worth about $81,000. 93.81% of the stock is owned by hedge funds and other institutional investors.

Jamf Price Performance

JAMF opened at $13.77 on Friday. The company’s 50-day moving average price is $14.98 and its 200 day moving average price is $16.59. Jamf Holding Corp. has a fifty-two week low of $13.55 and a fifty-two week high of $21.41. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of -25.04, a price-to-earnings-growth ratio of 6.33 and a beta of 0.37. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

Wall Street Analyst Weigh In

JAMF has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Friday, October 4th. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research report on Tuesday, October 1st. Morgan Stanley initiated 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 on the stock. Barclays reduced their price target on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Piper Sandler dropped their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.44.

Insider Buying and Selling at Jamf

In other news, insider Linh Lam sold 7,702 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 187,438 shares in the company, valued at $3,103,973.28. This trade represents a 3.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.30% of the stock is owned by company insiders.

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.