Jamf Holding Corp. (NASDAQ:JAMF) Receives Consensus Rating of “N/A” from Brokerages

Jamf Holding Corp. (NASDAQ:JAMF) has been assigned an average rating of “N/A” from the zero brokerages that are currently covering the company, MarketBeat.com reports.

JAMF has been the topic of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Jamf in a research note on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price objective on the stock. JMP Securities reiterated a “market outperform” rating and set a $30.00 price objective on shares of Jamf in a research note on Tuesday, October 1st. Needham & Company LLC reissued a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Friday, October 4th. Morgan Stanley assumed 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 for the company. Finally, Canaccord Genuity Group decreased their price target on shares of Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research report on Thursday, August 8th.

Insider Buying and Selling at Jamf

In related news, insider Linh Lam sold 7,702 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $3,103,973.28. This represents a 3.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Jamf

A number of hedge funds have recently added to or reduced their stakes in JAMF. EVR Research LP grew its holdings in Jamf by 282.9% during the second quarter. EVR Research LP now owns 1,570,000 shares of the company’s stock valued at $25,905,000 after purchasing an additional 1,160,000 shares during the last quarter. Marshall Wace LLP grew its holdings in Jamf by 2,977.5% during the second quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock valued at $16,760,000 after purchasing an additional 982,764 shares during the last quarter. Wellington Management Group LLP grew its holdings in Jamf by 6.0% during the third quarter. Wellington Management Group LLP now owns 10,003,973 shares of the company’s stock valued at $173,569,000 after purchasing an additional 565,008 shares during the last quarter. Kopp LeRoy C acquired a new position in Jamf during the first quarter valued at approximately $7,385,000. Finally, Principal Financial Group Inc. grew its holdings in Jamf by 28.2% during the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock valued at $24,190,000 after purchasing an additional 306,558 shares during the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Trading Up 2.0 %

NASDAQ JAMF opened at $14.68 on Friday. Jamf has a one year low of $14.02 and a one year high of $21.41. The company’s 50 day moving average price is $16.39 and its 200 day moving average price is $16.90. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of -26.69, a PEG ratio of 6.36 and a beta of 0.41.

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.