SG Americas Securities LLC Boosts Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

SG Americas Securities LLC boosted its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 97.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,493 shares of the company's stock after buying an additional 28,394 shares during the quarter. SG Americas Securities LLC's holdings in Jamf were worth $699,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. GAMMA Investing LLC raised its holdings 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 purchasing an additional 3,295 shares during the last quarter. Farther Finance Advisors LLC bought a new position in Jamf in the 1st quarter worth $41,000. Blue Trust Inc. boosted its holdings in Jamf by 238.0% in the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock worth $50,000 after buying an additional 2,523 shares during the period. Canada Pension Plan Investment Board increased its stake in Jamf by 51.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock worth $104,000 after buying an additional 2,500 shares in the last quarter. Finally, Versor Investments LP bought a new stake in Jamf during the fourth quarter valued at about $142,000. Institutional investors own 93.81% of the company's stock.

Analyst Ratings Changes

JAMF has been the subject of several research analyst reports. JMP Securities reiterated a "market outperform" rating and set a $27.00 target price on shares of Jamf in a research report on Wednesday, May 28th. Morgan Stanley dropped their price target on Jamf from $16.00 to $14.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Barclays lifted their price objective on shares of Jamf from $13.00 to $15.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 7th. Mizuho set a $15.00 target price on shares of Jamf in a research report on Wednesday, April 16th. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.50.

Jamf Trading Up 1.1%

Shares of Jamf stock traded up $0.10 during trading on Tuesday, hitting $9.22. The stock had a trading volume of 677,274 shares, compared to its average volume of 613,820. Jamf Holding Corp. has a 12 month low of $8.87 and a 12 month high of $19.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.08 and a quick ratio of 1.08. The firm's fifty day simple moving average is $10.73 and its 200-day simple moving average is $12.87. The stock has a market cap of $1.22 billion, a PE ratio of -24.26, a PEG ratio of 1.66 and a beta of 0.40.

Jamf (NASDAQ:JAMF - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.13). Jamf had a negative net margin of 7.37% and a positive return on equity of 2.20%. The business had revenue of $167.62 million for the quarter, compared to the consensus estimate of $166.22 million. During the same period in the prior year, the company posted $0.14 EPS. The company's quarterly revenue was up 10.2% compared to the same quarter last year. As a group, sell-side analysts expect that Jamf Holding Corp. will post 0.05 EPS for the current fiscal year.

Insider Transactions at Jamf

In other Jamf news, CEO John Strosahl sold 16,125 shares of Jamf stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $10.75, for a total transaction of $173,343.75. Following the completion of the sale, the chief executive officer now directly owns 1,524,101 shares of the company's stock, valued at $16,384,085.75. The trade was a 1.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Elizabeth Benz sold 11,526 shares of Jamf stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $10.70, for a total value of $123,328.20. Following the completion of the sale, the insider now owns 347,249 shares of the company's stock, valued at $3,715,564.30. The trade was a 3.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 71,957 shares of company stock worth $755,361. Insiders own 2.70% of the company's stock.

About Jamf

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.