Jump Financial LLC Invests $637,000 in Jamf Holding Corp. $JAMF

Key Points

• Jump Financial LLC acquired 52,437 shares of Jamf Holding Corp. during the first quarter, marking an investment of approximately $637,000.
• CEO John Strosahl and insider Elizabeth Benz recently sold shares, with Strosahl selling 16,125 shares and Benz selling 11,526 shares, leading to minor decreases in their respective holdings.
• Analyst reports indicate varying price targets for Jamf, with Mizuho setting a target of $12.00 and Needham & Company reaffirming a "buy" rating with a target of $20.00.

Jump Financial LLC purchased a new position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 52,437 shares of the company's stock, valued at approximately $637,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JAMF. AlphaQuest LLC grew its position in shares of Jamf by 59.9% during the 1st quarter. AlphaQuest LLC now owns 48,359 shares of the company's stock valued at $588,000 after acquiring an additional 18,113 shares during the period. EntryPoint Capital LLC acquired a new stake in shares of Jamf during the 1st quarter valued at about $258,000. Northern Trust Corp grew its position in shares of Jamf by 1.0% during the 1st quarter. Northern Trust Corp now owns 811,760 shares of the company's stock valued at $9,863,000 after acquiring an additional 7,730 shares during the period. Versor Investments LP grew its position in shares of Jamf by 19.8% during the 1st quarter. Versor Investments LP now owns 12,100 shares of the company's stock valued at $147,000 after acquiring an additional 2,000 shares during the period. Finally, Crestwood Capital Management L.P. grew its position in shares of Jamf by 37.5% during the 1st quarter. Crestwood Capital Management L.P. now owns 275,000 shares of the company's stock valued at $3,341,000 after acquiring an additional 75,000 shares during the period. Hedge funds and other institutional investors own 93.81% of the company's stock.

Jamf Trading Up 1.5%

NASDAQ JAMF traded up $0.14 on Friday, reaching $9.13. The stock had a trading volume of 435,699 shares, compared to its average volume of 981,377. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of -23.40, a P/E/G ratio of 2.03 and a beta of 0.39. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.97. Jamf Holding Corp. has a 12-month low of $7.09 and a 12-month high of $18.77. The stock has a fifty day moving average price of $8.49 and a two-hundred day moving average price of $10.59.

Jamf (NASDAQ:JAMF - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The company had revenue of $176.50 million for the quarter, compared to analyst estimates of $168.58 million. Jamf had a positive return on equity of 3.02% and a negative net margin of 7.36%.The firm's quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 earnings per share. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Jamf Holding Corp. will post 0.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Canaccord Genuity Group dropped their target price on Jamf from $19.00 to $15.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Bank of America decreased their price target on shares of Jamf from $15.00 to $12.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 16th. Needham & Company LLC reaffirmed a "buy" rating and issued a $20.00 price target on shares of Jamf in a research note on Tuesday, August 26th. Barclays decreased their price target on shares of Jamf from $15.00 to $10.00 and set an "equal weight" rating on the stock in a research note on Monday, July 21st. Finally, Mizuho set a $12.00 price target on shares of Jamf in a research note on Friday, August 8th.

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.