Counterpoint Mutual Funds LLC Takes Position in Jamf Holding Corp. $JAMF

Key Points

• Counterpoint Mutual Funds LLC has acquired a new stake in Jamf Holding Corp., purchasing 76,524 shares valued at approximately $728,000 during the second quarter.
• Jamf reported a quarterly earnings per share (EPS) of $0.18, surpassing the consensus estimate of $0.17, and its revenue increased by 15.4% year-over-year to $176.50 million.
• Brokerages have mixed views on Jamf, with JMP Securities decreasing their price target from $27.00 to $18.00, while Needham & Company maintains a "buy" rating with a $20.00 price objective.

Counterpoint Mutual Funds LLC acquired a new stake in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 76,524 shares of the company's stock, valued at approximately $728,000. Counterpoint Mutual Funds LLC owned about 0.06% of Jamf at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in JAMF. Assenagon Asset Management S.A. acquired a new position in shares of Jamf in the second quarter worth about $322,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Jamf in the 2nd quarter valued at about $115,000. Goldman Sachs Group Inc. raised its holdings in Jamf by 14.3% in 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. Rhumbline Advisers grew its stake in shares of Jamf by 2.2% in the 1st quarter. Rhumbline Advisers now owns 116,785 shares of the company's stock valued at $1,419,000 after buying an additional 2,522 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Jamf by 5.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,638 shares of the company's stock valued at $1,879,000 after buying an additional 8,658 shares during the period. 93.81% of the stock is owned by hedge funds and other institutional investors.

Jamf Stock Performance

NASDAQ:JAMF opened at $10.82 on Tuesday. The firm has a 50 day simple moving average of $8.86 and a 200-day simple moving average of $10.21. 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 firm has a market cap of $1.43 billion, a PE ratio of -27.74, a P/E/G ratio of 2.43 and a beta of 0.39. Jamf Holding Corp. has a 1-year low of $7.09 and a 1-year high of $18.76.

Jamf (NASDAQ:JAMF - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping 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 analyst estimates of $168.58 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. Jamf's revenue for the quarter was up 15.4% compared to the same quarter last year. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that Jamf Holding Corp. will post 0.05 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on JAMF. JMP Securities decreased their price target on shares of Jamf from $27.00 to $18.00 and set a "market outperform" rating for the company in a research report on Friday, August 8th. Bank of America lowered their price objective on shares of Jamf from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Needham & Company LLC reissued a "buy" rating and set a $20.00 price objective on shares of Jamf in a research report on Tuesday, August 26th. Barclays lowered their target price on shares of Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a report on Monday, July 21st. Finally, Mizuho set a $12.00 target price on shares of Jamf in a report on Friday, August 8th.

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.

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