Jamf Holding Corp. (NASDAQ:JAMF) Director Sells $492,871.68 in Stock

Jamf Holding Corp. (NASDAQ:JAMF) Director Dean Hager sold 36,864 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $13.37, for a total value of $492,871.68. Following the completion of the transaction, the director now directly owns 302,775 shares in the company, valued at $4,048,101.75. The trade was a 10.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Jamf Price Performance

Shares of NASDAQ:JAMF opened at $13.17 on Friday. Jamf Holding Corp. has a 1-year low of $12.90 and a 1-year high of $21.41. The firm has a market capitalization of $1.70 billion, a PE ratio of -23.95, a PEG ratio of 1.02 and a beta of 0.39. The business’s 50 day moving average is $14.57 and its 200-day moving average is $15.51. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

Analysts Set New Price Targets

A number of brokerages recently weighed in on JAMF. Piper Sandler cut their price objective on Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. assumed coverage on Jamf in a research note on Thursday, February 6th. They issued an “overweight” rating and a $20.00 price objective on the stock. Barclays dropped their price target on Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Friday, February 28th. Morgan Stanley assumed coverage on Jamf in a research report on Tuesday. They issued an “equal weight” rating and a $16.00 price target on the stock. Finally, William Blair reaffirmed an “outperform” rating on shares of Jamf in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.30.

Institutional Trading of Jamf

Several institutional investors have recently modified their holdings of the company. PharVision Advisers LLC acquired a new stake in shares of Jamf during the 4th quarter worth approximately $156,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Jamf by 20.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,980 shares of the company’s stock valued at $2,051,000 after buying an additional 24,343 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in Jamf in the 4th quarter valued at $614,000. Squarepoint Ops LLC acquired a new stake in Jamf in the 4th quarter valued at $1,188,000. Finally, Twinbeech Capital LP acquired a new stake in Jamf in the 4th quarter valued at $180,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

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.