Caxton Associates LLP Makes New Investment in Jamf Holding Corp. $JAMF

Key Points

• Caxton Associates LLP acquired 26,973 shares of Jamf Holding Corp. valued at approximately $328,000 in the 1st quarter, indicating growing institutional interest in the company.
• Jamf's recent earnings report showed a 15.4% year-over-year revenue increase to $176.50 million, with earnings per share of $0.18, slightly beating analyst expectations.
• Recent analyst reports have resulted in reduced price targets for Jamf shares, with prices dropping from a high of $27.00 down to a range of $10.00 to $15.00 among different firms, reflecting cautious investor sentiment.

Caxton Associates LLP purchased a new position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 26,973 shares of the company's stock, valued at approximately $328,000.

A number of other institutional investors also recently bought and sold shares of the stock. Sunriver Management LLC acquired a new stake in Jamf in the 1st quarter worth approximately $37,394,000. Northern Trust Corp boosted its stake in Jamf by 1.0% in the 1st quarter. Northern Trust Corp now owns 811,760 shares of the company's stock worth $9,863,000 after purchasing an additional 7,730 shares in the last quarter. Palisade Capital Management LP acquired a new stake in Jamf in the 1st quarter worth approximately $7,567,000. Goldman Sachs Group Inc. boosted its stake in Jamf by 14.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 553,323 shares of the company's stock worth $6,723,000 after purchasing an additional 69,414 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its stake in Jamf by 280.7% in the 1st quarter. Cubist Systematic Strategies LLC now owns 545,484 shares of the company's stock worth $6,628,000 after purchasing an additional 402,187 shares in the last quarter. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Jamf Price Performance

NASDAQ:JAMF opened at $10.60 on Friday. Jamf Holding Corp. has a 1-year low of $7.09 and a 1-year high of $18.77. 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 $8.56 and a 200-day moving average price of $10.38. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of -27.18, a price-to-earnings-growth ratio of 2.31 and a beta of 0.39.

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

Wall Street Analyst Weigh In

JAMF has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Jamf from $15.00 to $12.00 and set an "overweight" rating for the company in a research note on Thursday, July 17th. Morgan Stanley dropped their price target on Jamf from $14.00 to $10.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 2nd. Bank of America dropped their price target on Jamf from $15.00 to $12.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 16th. JMP Securities dropped their price target on Jamf from $27.00 to $18.00 and set a "market outperform" rating on the stock in a research note on Friday, August 8th. Finally, Canaccord Genuity Group dropped their price target on Jamf from $19.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, August 8th.

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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