PDT Partners LLC Has $2.19 Million Stock Position in Jamf Holding Corp. $JAMF

Key Points

• PDT Partners LLC significantly increased its stake in Jamf Holding Corp. by 1,276.7% during the first quarter, now owning 180,030 shares worth approximately $2.19 million.
• Jamf reported a 15.4% increase in revenue year-over-year for the most recent quarter, reaching $176.5 million, and exceeded earnings expectations by reporting an EPS of $0.18.
• Analyst ratings for Jamf have varied, with JMP Securities reducing their price target from $27.00 to $18.00 while Needham & Company set a higher target of $20.00 amidst differing assessments.

PDT Partners LLC boosted its stake in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 1,276.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,030 shares of the company's stock after acquiring an additional 166,953 shares during the quarter. PDT Partners LLC owned about 0.14% of Jamf worth $2,187,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in shares of Jamf by 32,950.0% during the 1st 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 last quarter. Farther Finance Advisors LLC bought a new position in Jamf during the first quarter worth $41,000. Quarry LP lifted its stake in Jamf by 148.7% during the first quarter. Quarry LP now owns 6,505 shares of the company's stock worth $79,000 after purchasing an additional 3,889 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new position in Jamf during the first quarter worth $126,000. Finally, Cetera Investment Advisers bought a new stake in shares of Jamf in the 4th quarter worth approximately $145,000. Hedge funds and other institutional investors own 93.81% of the company's stock.

Jamf Stock Performance

Shares of NASDAQ JAMF traded up $0.19 during trading hours on Friday, reaching $9.18. The stock had a trading volume of 1,585,398 shares, compared to its average volume of 1,600,087. The business's fifty day moving average is $8.49 and its two-hundred day moving average is $10.52. 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 has a market cap of $1.21 billion, a price-to-earnings ratio of -23.54, a PEG ratio of 2.01 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.

Jamf (NASDAQ:JAMF - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. Jamf had a positive return on equity of 3.02% and a negative net margin of 7.36%.The business had revenue of $176.50 million during the quarter, compared to analysts' expectations of $168.58 million. During the same period in the prior year, the firm posted $0.14 EPS. Jamf's quarterly revenue 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. As a group, research analysts expect that Jamf Holding Corp. will post 0.05 EPS for the current year.

Analyst Upgrades and Downgrades

JAMF has been the topic of several analyst reports. Morgan Stanley dropped their target price on Jamf from $14.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 2nd. Barclays lowered their target price on Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a report on Monday, July 21st. JPMorgan Chase & Co. dropped their price target on Jamf from $15.00 to $12.00 and set an "overweight" rating on the stock in a research note on Thursday, July 17th. JMP Securities dropped their price target on Jamf from $27.00 to $18.00 and set a "market outperform" rating on the stock in a research note on Friday, August 8th. Finally, Bank of America decreased their target price on Jamf from $15.00 to $12.00 and set a "neutral" rating for the company in a research report on Wednesday, July 16th.

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.