Invesco Ltd. Grows Position in Jamf Holding Corp. $JAMF

Key Points

• Invesco Ltd. increased its stake in Jamf Holding Corp. by 45.2%, owning 90,809 shares valued at approximately $1.1 million after acquiring additional shares in Q1.
• CEO John Strosahl sold 16,125 shares at $10.75 each, reducing his ownership by 1.05% while still retaining over 1.5 million shares.
• Analyst ratings for Jamf include a price target cut from $15.00 to $12.00 by Bank of America, while Needham maintains a "buy" rating with a $20.00 price target.

Invesco Ltd. increased its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 45.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,809 shares of the company's stock after purchasing an additional 28,279 shares during the quarter. Invesco Ltd. owned 0.07% of Jamf worth $1,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of JAMF. GAMMA Investing LLC increased its position in shares of Jamf by 32,950.0% during the first quarter. GAMMA Investing LLC now owns 3,305 shares of the company's stock valued at $40,000 after buying an additional 3,295 shares during the period. Farther Finance Advisors LLC bought a new position in Jamf during the first quarter valued at approximately $41,000. Oppenheimer Asset Management Inc. bought a new position in Jamf in the first quarter worth approximately $126,000. Cetera Investment Advisers bought a new position in Jamf in the fourth quarter worth approximately $145,000. Finally, PharVision Advisers LLC bought a new position in Jamf in the fourth quarter worth approximately $156,000. Hedge funds and other institutional investors own 93.81% of the company's stock.

Jamf Trading Up 2.1%

Shares of JAMF stock traded up $0.19 during trading hours on Friday, hitting $9.18. The company had a trading volume of 1,585,398 shares, compared to its average volume of 1,600,087. The stock has a market capitalization of $1.21 billion, a PE ratio of -23.54, a price-to-earnings-growth ratio of 1.96 and a beta of 0.39. Jamf Holding Corp. has a fifty-two week low of $7.09 and a fifty-two week 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's fifty day moving average is $8.49 and its 200 day moving average is $10.55.

Jamf (NASDAQ:JAMF - Get Free Report) last announced 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 business had revenue of $176.50 million for the quarter, compared to analyst estimates of $168.58 million. During the same period last year, the business earned $0.14 EPS. The company's revenue was up 15.4% on a year-over-year basis. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on Jamf from $15.00 to $12.00 and set an "overweight" rating for the company in a research report on Thursday, July 17th. Morgan Stanley lowered their price objective on shares of Jamf from $14.00 to $10.00 and set an "equal weight" rating for the company in a research report on Tuesday. Needham & Company LLC reiterated a "buy" rating and set a $20.00 target price on shares of Jamf in a report on Tuesday, August 26th. Mizuho set a $12.00 price objective on shares of Jamf in a research note on Friday, August 8th. Finally, JMP Securities decreased their target price 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.

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.