Deutsche Bank AG Acquires 41,618 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Deutsche Bank AG increased its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 33.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 166,209 shares of the company's stock after purchasing an additional 41,618 shares during the quarter. Deutsche Bank AG owned 0.13% of Jamf worth $2,335,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. EP Wealth Advisors LLC acquired a new position in shares of Jamf in the 4th quarter valued at approximately $187,000. Cubist Systematic Strategies LLC bought a new stake in Jamf during the fourth quarter valued at $2,013,000. Cetera Investment Advisers bought a new position in shares of Jamf in the 4th quarter worth about $145,000. Centiva Capital LP boosted its holdings in shares of Jamf by 4.1% in the 4th quarter. Centiva Capital LP now owns 22,543 shares of the company's stock valued at $317,000 after buying an additional 898 shares during the period. Finally, Bridgefront Capital LLC bought a new stake in shares of Jamf during the 4th quarter valued at about $173,000. Hedge funds and other institutional investors own 93.81% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on JAMF. Barclays raised their target price on shares of Jamf from $13.00 to $15.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 7th. Needham & Company LLC restated a "buy" rating and set a $25.00 price objective on shares of Jamf in a research report on Tuesday, March 4th. JPMorgan Chase & Co. lowered their price objective on Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $27.00 target price on shares of Jamf in a research report on Wednesday. Finally, Morgan Stanley reduced their price target on shares of Jamf from $16.00 to $14.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $19.50.

Insider Buying and Selling at Jamf

In related news, CAO Anthony Grabenau sold 9,701 shares of Jamf stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total transaction of $131,933.60. Following the completion of the transaction, the chief accounting officer now directly owns 57,946 shares of the company's stock, valued at $788,065.60. This trade represents a 14.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dean Hager sold 36,864 shares of Jamf stock in a transaction on Monday, March 17th. The shares were sold at an average price of $13.37, for a total value of $492,871.68. Following the completion of the sale, the director now directly owns 302,775 shares of the company's stock, valued at $4,048,101.75. This trade represents a 10.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 248,912 shares of company stock valued at $3,355,739 in the last 90 days. 2.70% of the stock is currently owned by company insiders.

Jamf Trading Down 0.8%

Shares of NASDAQ:JAMF traded down $0.09 during mid-day trading on Wednesday, hitting $10.38. The stock had a trading volume of 66,026 shares, compared to its average volume of 587,141. The company's 50 day moving average is $11.42 and its 200-day moving average is $13.54. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $1.37 billion, a PE ratio of -18.90, a P/E/G ratio of 1.02 and a beta of 0.44. Jamf Holding Corp. has a 12-month low of $9.95 and a 12-month high of $19.05.

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

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.