Jamf Holding Corp. (NASDAQ:JAMF) Receives Average Recommendation of “N/A” from Analysts

Jamf Holding Corp. (NASDAQ:JAMF) has earned an average rating of “N/A” from the zero brokerages that are currently covering the stock, Marketbeat Ratings reports.

Several equities research analysts have issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 target price on shares of Jamf in a research note on Friday, October 4th. 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 price target on the stock. Canaccord Genuity Group cut their price objective on shares of Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Morgan Stanley assumed coverage on shares of Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 target price on the stock. Finally, JMP Securities restated a “market outperform” rating and issued a $30.00 price target on shares of Jamf in a research report on Tuesday, October 1st.

Insider Transactions at Jamf

In other news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total value of $127,545.12. Following the transaction, the insider now owns 187,438 shares of the company’s stock, valued at $3,103,973.28. This represents a 3.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional Trading of Jamf

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc increased its position in shares of Jamf by 17,830.8% during the second quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock valued at $38,000 after acquiring an additional 2,318 shares during the last quarter. Quarry LP raised its position in Jamf by 130.9% in the third 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 period. Fifth Third Bancorp purchased a new position in shares of Jamf during the second quarter worth $45,000. EntryPoint Capital LLC boosted its position in shares of Jamf by 40.0% during the first quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after buying an additional 949 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of Jamf by 57.1% in the third 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 in the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Jamf Stock Performance

Shares of NASDAQ:JAMF opened at $14.39 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf has a 1 year low of $14.02 and a 1 year high of $21.41. The firm has a market capitalization of $1.84 billion, a PE ratio of -26.16, a P/E/G ratio of 6.19 and a beta of 0.41. The business’s 50 day moving average price is $16.53 and its 200-day moving average price is $16.93.

About Jamf

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.