Assenagon Asset Management S.A. Invests $322,000 in Jamf Holding Corp. $JAMF

Key Points

• Assenagon Asset Management S.A. invested approximately $322,000 in Jamf Holding Corp. by acquiring 33,820 shares during the second quarter.
• Several institutional investors, including Ameriprise Financial and UBS AM, have also increased their positions in Jamf, contributing to institutional ownership of 93.81%.
• Analysts have recently revised their price targets for Jamf, with Bank of America setting a target of $12.00 and Morgan Stanley reducing it to $10.00.

Assenagon Asset Management S.A. acquired a new position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 33,820 shares of the company's stock, valued at approximately $322,000.

A number of other institutional investors have also made changes to their positions in JAMF. Ameriprise Financial Inc. bought a new position in shares of Jamf in the fourth quarter worth about $158,000. Cetera Investment Advisers acquired a new stake in Jamf during the fourth quarter worth about $145,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Jamf by 20.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,980 shares of the company's stock worth $2,051,000 after buying an additional 24,343 shares in the last quarter. GAMMA Investing LLC grew its position in Jamf by 32,950.0% during the first quarter. GAMMA Investing LLC now owns 3,305 shares of the company's stock worth $40,000 after buying an additional 3,295 shares in the last quarter. Finally, Rhumbline Advisers grew its position in 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. 93.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on JAMF. Bank of America decreased their target price on Jamf from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Morgan Stanley decreased their target price on Jamf from $14.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. decreased their target price on Jamf from $15.00 to $12.00 and set an "overweight" rating on the stock in a research report on Thursday, July 17th. Wall Street Zen downgraded Jamf from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Finally, Barclays decreased their target price on Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Monday, July 21st.

Jamf Stock Performance

JAMF stock opened at $11.25 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.45 and a quick ratio of 1.45. The company has a 50 day moving average price of $9.09 and a 200 day moving average price of $10.15. Jamf Holding Corp. has a fifty-two week low of $7.09 and a fifty-two week high of $18.00. The stock has a market capitalization of $1.48 billion, a PE ratio of -28.85, a price-to-earnings-growth ratio of 2.46 and a beta of 0.39.

Jamf (NASDAQ:JAMF - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $176.50 million during the quarter, compared to analysts' expectations of $168.58 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The business's revenue for the quarter was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that Jamf Holding Corp. will post 0.05 EPS for the current year.

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.

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