Jamf Holding Corp. (NASDAQ:JAMF) Given Average Recommendation of “N/A” by Brokerages

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned a consensus recommendation of “N/A” from the zero analysts that are presently covering the stock, MarketBeat reports.

Several equities research analysts have recently issued reports on JAMF shares. Royal Bank of Canada reiterated an “outperform” rating and set a $21.00 price target on shares of Jamf in a report on Thursday, March 14th. Barclays lifted their price target on Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, March 14th. Mizuho reduced their target price on Jamf from $22.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, February 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Thursday, March 14th.

Insider Transactions at Jamf

In related news, insider Linh Lam sold 1,677 shares of Jamf stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $20.00, for a total value of $33,540.00. Following the sale, the insider now owns 151,943 shares of the company’s stock, valued at approximately $3,038,860. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Jamf news, CFO Ian Goodkind sold 7,735 shares of the business’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $17.85, for a total transaction of $138,069.75. Following the transaction, the chief financial officer now owns 300,981 shares of the company’s stock, valued at approximately $5,372,510.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Linh Lam sold 1,677 shares of the business’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $20.00, for a total value of $33,540.00. Following the transaction, the insider now directly owns 151,943 shares in the company, valued at approximately $3,038,860. The disclosure for this sale can be found here. Insiders have sold a total of 179,835 shares of company stock valued at $3,212,929 over the last 90 days. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in JAMF. UBS Group AG boosted its stake in shares of Jamf by 229.2% during the 4th quarter. UBS Group AG now owns 10,146 shares of the company’s stock worth $216,000 after acquiring an additional 7,064 shares during the period. Dimensional Fund Advisors LP grew its holdings in Jamf by 9.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 514,387 shares of the company’s stock valued at $10,957,000 after buying an additional 44,157 shares in the last quarter. Geode Capital Management LLC grew its holdings in Jamf by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 778,188 shares of the company’s stock valued at $16,575,000 after buying an additional 38,840 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Jamf by 28.0% in the 4th quarter. Renaissance Technologies LLC now owns 112,600 shares of the company’s stock valued at $2,398,000 after buying an additional 24,600 shares in the last quarter. Finally, Bessemer Group Inc. acquired a new position in Jamf in the 4th quarter valued at $149,000. 93.81% of the stock is currently owned by institutional investors.

Jamf Price Performance

NASDAQ:JAMF opened at $17.85 on Friday. The business’s 50-day moving average price is $18.60 and its 200 day moving average price is $17.85. The firm has a market cap of $2.27 billion, a P/E ratio of -20.06 and a beta of 0.51. Jamf has a 52-week low of $14.83 and a 52-week high of $22.89. 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 (NASDAQ:JAMF) last released its earnings results on Tuesday, February 27th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. The firm had revenue of $150.65 million for the quarter, compared to analyst estimates of $148.34 million. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. As a group, sell-side analysts predict that Jamf will post -0.03 earnings per share for the current fiscal year.

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.