Caxton Associates LLP Takes $328,000 Position 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 acquired a new stake in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 26,973 shares of the company's stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JAMF. Sunriver Management LLC purchased a new position in Jamf in the 1st quarter valued at $37,394,000. Palisade Capital Management LP purchased a new position in Jamf in the 1st quarter valued at $7,567,000. Cubist Systematic Strategies LLC grew its position in Jamf by 280.7% in the 1st quarter. Cubist Systematic Strategies LLC now owns 545,484 shares of the company's stock valued at $6,628,000 after buying an additional 402,187 shares during the last quarter. New York State Common Retirement Fund grew its position in Jamf by 806.8% in the 1st quarter. New York State Common Retirement Fund now owns 204,907 shares of the company's stock valued at $2,490,000 after buying an additional 182,311 shares during the last quarter. Finally, PDT Partners LLC boosted its position in shares of Jamf by 1,276.7% during the 1st quarter. PDT Partners LLC now owns 180,030 shares of the company's stock worth $2,187,000 after purchasing an additional 166,953 shares in the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on JAMF shares. Barclays decreased their target price on shares of Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Monday, July 21st. Mizuho set a $12.00 target price on shares of Jamf in a research report on Friday, August 8th. Morgan Stanley decreased their target price on shares of Jamf from $14.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 2nd. Wall Street Zen lowered shares of Jamf from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Jamf from $15.00 to $12.00 and set an "overweight" rating on the stock in a research report on Thursday, July 17th.

Jamf Price Performance

JAMF stock traded up $0.09 during trading on Thursday, hitting $11.56. The stock had a trading volume of 2,386,895 shares, compared to its average volume of 2,062,416. The company's 50 day moving average price is $8.75 and its two-hundred day moving average price is $10.30. Jamf Holding Corp. has a 1-year low of $7.09 and a 1-year high of $18.77. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -29.64, a price-to-earnings-growth ratio of 2.51 and a beta of 0.39. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.45 and a current ratio of 1.45.

Jamf (NASDAQ:JAMF - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $176.50 million during the quarter, compared to the consensus estimate of $168.58 million. During the same quarter in the previous year, the company posted $0.14 EPS. 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. On average, sell-side analysts forecast that Jamf Holding Corp. will post 0.05 EPS for the current fiscal year.

Jamf 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.