Boothbay Fund Management LLC acquired a new stake in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 97,041 shares of the company's stock, valued at approximately $1,363,000. Boothbay Fund Management LLC owned 0.08% of Jamf as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Versant Capital Management Inc grew its position in Jamf by 24.5% during the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock worth $57,000 after buying an additional 795 shares in the last quarter. Sei Investments Co. increased its position in shares of Jamf by 2.0% in the fourth quarter. Sei Investments Co. now owns 109,654 shares of the company's stock worth $1,541,000 after purchasing an additional 2,104 shares during the period. Canada Pension Plan Investment Board raised its stake in Jamf by 51.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock valued at $104,000 after purchasing an additional 2,500 shares in the last quarter. Blue Trust Inc. lifted its position in Jamf by 238.0% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock worth $50,000 after purchasing an additional 2,523 shares during the period. Finally, MetLife Investment Management LLC grew its stake in Jamf by 6.9% during the fourth quarter. MetLife Investment Management LLC now owns 49,651 shares of the company's stock worth $698,000 after buying an additional 3,217 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company's stock.
Insider Activity at Jamf
In other Jamf news, insider Beth Tschida sold 88,797 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $1,187,215.89. Following the sale, the insider now owns 487,810 shares in the company, valued at approximately $6,522,019.70. The trade was a 15.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Elizabeth Benz sold 57,380 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $780,368.00. Following the transaction, the insider now owns 358,775 shares of the company's stock, valued at $4,879,340. This trade represents a 13.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 248,912 shares of company stock worth $3,355,739 over the last three months. Company insiders own 2.30% of the company's stock.
Jamf Trading Down 0.8 %
NASDAQ JAMF traded down $0.09 on Friday, hitting $11.48. The company's stock had a trading volume of 657,776 shares, compared to its average volume of 614,044. The company's 50-day moving average is $12.28 and its 200 day moving average is $14.19. The firm has a market cap of $1.51 billion, a PE ratio of -20.87, a PEG ratio of 1.02 and a beta of 0.44. Jamf Holding Corp. has a 1-year low of $9.95 and a 1-year high of $21.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Royal Bank of Canada reduced their price target on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 21st. William Blair reaffirmed an "outperform" rating on shares of Jamf in a report on Friday, February 28th. JPMorgan Chase & Co. lowered their price target on Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Barclays reduced their price objective on Jamf from $16.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Finally, Needham & Company LLC reissued a "buy" rating and set a $25.00 target price on shares of Jamf in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Jamf has an average rating of "Moderate Buy" and a consensus price target of $19.60.
Check Out Our Latest Report on Jamf
Jamf Company 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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