33,559 Shares in Jamf Holding Corp. (NASDAQ:JAMF) Bought by Point72 Asset Management L.P.

Point72 Asset Management L.P. bought a new stake in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 33,559 shares of the company's stock, valued at approximately $472,000.

Several other large investors also recently added to or reduced their stakes in JAMF. Barclays PLC grew its holdings in Jamf by 12.3% in the 3rd quarter. Barclays PLC now owns 201,473 shares of the company's stock valued at $3,495,000 after buying an additional 22,032 shares in the last quarter. Dakota Wealth Management grew its holdings in Jamf by 44.6% in the 4th quarter. Dakota Wealth Management now owns 17,015 shares of the company's stock valued at $239,000 after buying an additional 5,249 shares in the last quarter. SG Americas Securities LLC grew its holdings in Jamf by 54.0% in the 4th quarter. SG Americas Securities LLC now owns 29,099 shares of the company's stock valued at $409,000 after buying an additional 10,199 shares in the last quarter. Blue Trust Inc. grew its holdings in Jamf by 238.0% in the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock valued at $50,000 after buying an additional 2,523 shares in the last quarter. Finally, Asset Management One Co. Ltd. purchased a new stake in Jamf in the 4th quarter valued at $231,000. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on JAMF shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Mizuho set a $15.00 price target on Jamf in a research note on Wednesday, April 16th. William Blair reaffirmed an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. JPMorgan Chase & Co. decreased their price target on Jamf from $18.00 to $15.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Barclays upped their price target on Jamf from $13.00 to $15.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $19.50.

Insider Activity

In related news, Director Dean Hager sold 36,864 shares of Jamf stock in a transaction on Monday, March 17th. The stock was sold at an average price of $13.37, for a total transaction of $492,871.68. Following the completion of the transaction, the director now directly owns 302,775 shares of the company's stock, valued at approximately $4,048,101.75. The trade was a 10.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO John Strosahl sold 56,170 shares of Jamf stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total value of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares of the company's stock, valued at approximately $20,931,671.34. This represents a 3.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 248,912 shares of company stock valued at $3,355,739 in the last three months. 2.70% of the stock is currently owned by company insiders.

Jamf Stock Performance

Jamf stock traded up $0.10 during mid-day trading on Thursday, reaching $10.46. 185,923 shares of the company were exchanged, compared to its average volume of 588,124. Jamf Holding Corp. has a twelve month low of $9.95 and a twelve month high of $19.05. The firm's 50-day simple moving average is $11.36 and its two-hundred day simple moving average is $13.52. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market cap of $1.38 billion, a PE ratio of -19.02, a price-to-earnings-growth ratio of 1.02 and a beta of 0.44.

Jamf (NASDAQ:JAMF - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.13). The firm had revenue of $167.62 million during the quarter, compared to analyst estimates of $166.22 million. Jamf's revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. Equities analysts predict that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

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.