Elizabeth Benz Sells 11,526 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Elizabeth Benz sold 11,526 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $10.70, for a total value of $123,328.20. Following the sale, the insider now owns 347,249 shares of the company's stock, valued at approximately $3,715,564.30. The trade was a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Elizabeth Benz also recently made the following trade(s):

• On Wednesday, March 19th, Elizabeth Benz sold 57,380 shares of Jamf stock. The stock was sold at an average price of $13.60, for a total transaction of $780,368.00.

Jamf Stock Performance

JAMF traded down $0.10 on Monday, hitting $10.57. The company's stock had a trading volume of 726,791 shares, compared to its average volume of 597,762. The company's 50 day simple moving average is $11.05 and its 200-day simple moving average is $13.28. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $19.05. The firm has a market cap of $1.39 billion, a P/E ratio of -19.22, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40.

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. JMP Securities restated a "market outperform" rating and set a $27.00 target price on shares of Jamf in a research note on Wednesday, May 28th. Barclays lifted 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. William Blair restated an "outperform" rating on shares of Jamf in a research report on Friday, February 28th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and issued a $21.00 price objective on shares of Jamf in a research note on Wednesday, February 26th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.50.

Hedge Funds Weigh In On Jamf

Several hedge funds have recently bought and sold shares of JAMF. Barclays PLC grew its position in shares of Jamf by 12.3% during the 3rd quarter. Barclays PLC now owns 201,473 shares of the company's stock valued at $3,495,000 after purchasing an additional 22,032 shares in the last quarter. Blue Trust Inc. increased its stake 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 acquiring an additional 2,523 shares during the last quarter. Asset Management One Co. Ltd. bought a new stake in shares of Jamf during the 4th quarter valued at about $231,000. Rhumbline Advisers increased its position in shares of Jamf by 8.2% in the fourth quarter. Rhumbline Advisers now owns 114,263 shares of the company's stock worth $1,605,000 after purchasing an additional 8,667 shares during the last quarter. Finally, Peregrine Capital Management LLC increased its position in shares of Jamf by 1.8% in the fourth quarter. Peregrine Capital Management LLC now owns 530,313 shares of the company's stock worth $7,451,000 after purchasing an additional 9,331 shares during the last quarter. Hedge funds and other institutional investors own 93.81% 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.