Venturi Wealth Management LLC Has $63,000 Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Venturi Wealth Management LLC boosted its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 57.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,653 shares of the company’s stock after buying an additional 1,327 shares during the quarter. Venturi Wealth Management LLC’s holdings in Jamf were worth $63,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JAMF. Versant Capital Management Inc lifted its stake in shares of Jamf by 17,830.8% in the second quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock worth $38,000 after buying an additional 2,318 shares during the last quarter. Fifth Third Bancorp bought a new stake in Jamf during the second quarter valued at about $45,000. EntryPoint Capital LLC increased its stake in shares of Jamf by 40.0% in the first quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after purchasing an additional 949 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Jamf by 33.4% during the 1st quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock worth $76,000 after purchasing an additional 1,043 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Jamf by 45.9% during 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 period. 93.81% of the stock is currently owned by institutional investors.

Jamf Trading Down 3.1 %

JAMF stock opened at $14.84 on Friday. Jamf Holding Corp. has a 1-year low of $14.47 and a 1-year high of $21.41. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average is $16.95 and its 200-day moving average is $17.24. The firm has a market cap of $1.89 billion, a P/E ratio of -26.98, a P/E/G ratio of 7.54 and a beta of 0.41.

Wall Street Analysts Forecast Growth

JAMF has been the subject of a number of research analyst reports. Canaccord Genuity Group cut their price target on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. JMP Securities reissued a “market outperform” rating and issued a $30.00 price target on shares of Jamf in a report on Tuesday, October 1st. Morgan Stanley initiated coverage on shares of Jamf in a report on Monday, October 14th. They set an “equal weight” rating and a $20.00 price objective on the stock. The Goldman Sachs Group began coverage on shares of Jamf in a research note on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price for the company. Finally, Needham & Company LLC restated a “buy” rating and set a $25.00 price target on shares of Jamf in a research note on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.75.

Insider Activity at Jamf

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. 2.30% of the stock is owned by 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.