BNP Paribas Financial Markets Makes New Investment in Jamf Holding Corp. (NASDAQ:JAMF)

BNP Paribas Financial Markets acquired a new position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 66,297 shares of the company's stock, valued at approximately $931,000. BNP Paribas Financial Markets owned about 0.05% of Jamf at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Ameriprise Financial Inc. acquired a new stake in shares of Jamf during the fourth quarter valued at about $158,000. 272 Capital LP purchased a new position in shares of Jamf in the fourth quarter valued at approximately $2,927,000. PDT Partners LLC purchased a new position in shares of Jamf in the fourth quarter valued at approximately $184,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Jamf in the fourth quarter valued at approximately $163,000. Finally, Northern Trust Corp boosted its stake in shares of Jamf by 3.3% in the fourth quarter. Northern Trust Corp now owns 804,030 shares of the company's stock valued at $11,297,000 after purchasing an additional 25,613 shares during the period. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Jamf Stock Down 3.0%

JAMF stock traded down $0.32 during midday trading on Friday, reaching $10.18. 821,452 shares of the company were exchanged, compared to its average volume of 589,729. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. Jamf Holding Corp. has a 1-year low of $9.95 and a 1-year high of $19.05. The stock's 50-day simple moving average is $11.54 and its 200 day simple moving average is $13.66. The company has a market cap of $1.34 billion, a price-to-earnings ratio of -18.51, a price-to-earnings-growth ratio of 1.02 and a beta of 0.44.

Jamf (NASDAQ:JAMF - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.13). The business had revenue of $167.62 million for the quarter, compared to the consensus estimate of $166.22 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The company's quarterly revenue was up 10.2% compared to the same quarter last year. On average, equities analysts forecast that Jamf Holding Corp. will post 0.05 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Mizuho set a $15.00 price objective on shares of Jamf in a research note on Wednesday, April 16th. Barclays lifted their price target on shares of Jamf from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 7th. William Blair reiterated an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. Canaccord Genuity Group reiterated a "buy" rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $19.80.

Insider Activity at Jamf

In related news, CEO John Strosahl sold 56,170 shares of the company's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total value of $763,350.30. Following the completion of the sale, the chief executive officer now owns 1,540,226 shares in the company, valued at $20,931,671.34. This represents a 3.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Beth Tschida sold 88,797 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the completion of the transaction, the insider now directly owns 487,810 shares in the company, valued at $6,522,019.70. This represents a 15.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 248,912 shares of company stock worth $3,355,739 in the last 90 days. 2.70% of the stock is owned by insiders.

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.