Jamf Holding Corp. $JAMF Shares Acquired by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. increased its stake in Jamf Holding Corp. by 14.3% during Q1, owning approximately 553,323 shares worth about $6.7 million.
• Multiple hedge funds have significantly adjusted their positions in Jamf, with GAMMA Investing LLC notably increasing its holdings by 32,950%.
• Analysts have lowered price targets for Jamf shares, with Canaccord Genuity reducing its target from $19 to $15 and Barclays from $15 to $10.

Goldman Sachs Group Inc. lifted its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 14.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 553,323 shares of the company's stock after acquiring an additional 69,414 shares during the period. Goldman Sachs Group Inc. owned 0.42% of Jamf worth $6,723,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. purchased a new stake in Jamf in the 4th quarter worth about $158,000. BNP Paribas Financial Markets purchased a new stake in Jamf in the 4th quarter worth about $931,000. Cetera Investment Advisers purchased a new stake in Jamf in the 4th quarter worth about $145,000. Deutsche Bank AG raised its position in Jamf by 33.4% in the 4th quarter. Deutsche Bank AG now owns 166,209 shares of the company's stock worth $2,335,000 after purchasing an additional 41,618 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Jamf by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,565 shares of the company's stock worth $654,000 after purchasing an additional 1,754 shares during the period. Institutional investors own 93.81% of the company's stock.

Jamf Stock Down 1.6%

JAMF traded down $0.18 during trading on Friday, hitting $11.38. The stock had a trading volume of 366,567 shares, compared to its average volume of 1,088,081. The company has a market capitalization of $1.50 billion, a PE ratio of -29.19, a PEG ratio of 2.51 and a beta of 0.39. Jamf Holding Corp. has a twelve month low of $7.09 and a twelve month high of $18.77. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.45 and a current ratio of 1.45. The stock has a 50 day simple moving average of $8.75 and a two-hundred day simple moving average of $10.30.

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. The company had revenue of $176.50 million during the quarter, compared to the consensus estimate of $168.58 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. Jamf's revenue was up 15.4% compared to the same quarter last year. During the same period last year, the firm earned $0.14 earnings per share. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict that Jamf Holding Corp. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JAMF. Wall Street Zen lowered shares of Jamf from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. JPMorgan Chase & Co. reduced their price objective 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. Canaccord Genuity Group reduced their price objective on shares of Jamf from $19.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Mizuho set a $12.00 target price on shares of Jamf in a research report on Friday, August 8th. Finally, Barclays reduced 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.

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.