272 Capital LP purchased a new position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 208,356 shares of the company's stock, valued at approximately $2,927,000. Jamf makes up approximately 2.8% of 272 Capital LP's portfolio, making the stock its 12th biggest position. 272 Capital LP owned 0.16% of Jamf at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. PDT Partners LLC acquired a new stake in Jamf in the 4th quarter worth approximately $184,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Jamf in the fourth quarter worth $163,000. Northern Trust Corp lifted its stake in shares of Jamf by 3.3% during the fourth quarter. Northern Trust Corp now owns 804,030 shares of the company's stock worth $11,297,000 after buying an additional 25,613 shares during the period. Oxford Asset Management LLP purchased a new stake in shares of Jamf during the fourth quarter valued at $210,000. Finally, Boothbay Fund Management LLC acquired a new position in shares of Jamf in the 4th quarter valued at $1,363,000. Hedge funds and other institutional investors own 93.81% of the company's stock.
Analysts Set New Price Targets
JAMF has been the topic of a number of research reports. Morgan Stanley cut their price objective on Jamf from $16.00 to $14.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Piper Sandler reduced their price target on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Barclays reduced their target price on shares of Jamf from $16.00 to $13.00 and set an "equal weight" rating for the company in a report on Monday, April 21st. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $25.00 price target on shares of Jamf in a report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Jamf currently has a consensus rating of "Moderate Buy" and an average target price of $19.60.
Check Out Our Latest Stock Analysis on Jamf
Insider Activity at Jamf
In related news, CAO Anthony Grabenau sold 9,701 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total value of $131,933.60. Following the transaction, the chief accounting officer now directly owns 57,946 shares of the company's stock, valued at approximately $788,065.60. This trade represents a 14.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John Strosahl sold 56,170 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total value of $763,350.30. Following the sale, the chief executive officer now owns 1,540,226 shares of the company's stock, valued at approximately $20,931,671.34. This trade represents a 3.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 248,912 shares of company stock valued at $3,355,739. 2.30% of the stock is owned by company insiders.
Jamf Price Performance
Shares of JAMF opened at $11.57 on Friday. The firm has a market cap of $1.50 billion, a P/E ratio of -21.04, a PEG ratio of 1.02 and a beta of 0.43. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $21.41. The stock's 50 day moving average is $12.34 and its two-hundred day moving average is $14.27. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.
Jamf Profile
(
Free Report)
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.
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Want to see what other hedge funds are holding JAMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jamf Holding Corp. (NASDAQ:JAMF - Free Report).
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