Beth Tschida Sells 11,878 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Beth Tschida sold 11,878 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $10.34, for a total transaction of $122,818.52. Following the completion of the sale, the insider now directly owns 475,932 shares in the company, valued at approximately $4,921,136.88. This represents a 2.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Beth Tschida also recently made the following trade(s):

• On Monday, March 17th, Beth Tschida sold 88,797 shares of Jamf stock. The stock was sold at an average price of $13.37, for a total transaction of $1,187,215.89.

Jamf Price Performance

NASDAQ JAMF traded up $0.02 on Wednesday, hitting $10.64. The company had a trading volume of 950,841 shares, compared to its average volume of 596,075. The company has a market capitalization of $1.40 billion, a PE ratio of -19.35, a PEG ratio of 1.02 and a beta of 0.44. The company's fifty day moving average price is $11.15 and its 200-day moving average price is $13.37. 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 Holding Corp. has a 12-month low of $9.95 and a 12-month high of $19.05.

Jamf (NASDAQ:JAMF - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.13). The company had revenue of $167.62 million for the quarter, compared to the consensus estimate of $166.22 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The business's quarterly revenue was up 10.2% compared to the same quarter last year. As a group, analysts predict that Jamf Holding Corp. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on JAMF. Mizuho set a $15.00 price target on shares of Jamf in a research note on Wednesday, April 16th. Morgan Stanley lowered their price target on shares of Jamf from $16.00 to $14.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. JPMorgan Chase & Co. cut their price target on shares of Jamf from $18.00 to $15.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Needham & Company LLC restated a "buy" rating and issued a $25.00 price objective on shares of Jamf in a research note on Tuesday, March 4th. Finally, William Blair restated an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Jamf has a consensus rating of "Moderate Buy" and a consensus target price of $19.50.

Institutional Investors Weigh In On Jamf

A number of large investors have recently modified their holdings of the business. Rhumbline Advisers grew its holdings in shares of Jamf by 2.2% during the first quarter. Rhumbline Advisers now owns 116,785 shares of the company's stock worth $1,419,000 after buying an additional 2,522 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Jamf by 5.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,638 shares of the company's stock worth $1,879,000 after buying an additional 8,658 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Jamf during the 1st quarter valued at about $328,000. Goldman Sachs Group Inc. boosted its position in shares of Jamf by 14.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 553,323 shares of the company's stock valued at $6,723,000 after acquiring an additional 69,414 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd boosted its position in shares of Jamf by 52.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 40,517 shares of the company's stock valued at $492,000 after acquiring an additional 13,877 shares during the last quarter. Hedge funds and other institutional investors 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.

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