Jamf Holding Corp. (NASDAQ:JAMF) Given Consensus Rating of "N/A" by Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) have received an average recommendation of "N/A" from the zero brokerages that are covering the firm, Marketbeat Ratings reports.

A number of research analysts have issued reports on JAMF shares. Canaccord Genuity Group reissued a "buy" rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. JPMorgan Chase & Co. lowered their price target on shares of Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, March 4th. Morgan Stanley lowered their target price 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. Finally, William Blair reaffirmed an "outperform" rating on shares of Jamf in a research note on Friday, February 28th.

Insider Activity

In other news, CAO Anthony Grabenau sold 9,701 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total value of $131,933.60. Following the completion of the transaction, the chief accounting officer now owns 57,946 shares in the company, valued at $788,065.60. This represents a 14.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Beth Tschida sold 88,797 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the sale, the insider now owns 487,810 shares in the company, valued at approximately $6,522,019.70. The trade was a 15.40% 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 quarter. Company insiders own 2.70% of the company's stock.

Hedge Funds Weigh In On Jamf

A number of large investors have recently added to or reduced their stakes in JAMF. Centiva Capital LP grew its holdings in shares of Jamf by 4.1% during the fourth quarter. Centiva Capital LP now owns 22,543 shares of the company's stock worth $317,000 after buying an additional 898 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Jamf by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,565 shares of the company's stock worth $654,000 after acquiring an additional 1,754 shares during the last quarter. Versor Investments LP grew its stake in shares of Jamf by 19.8% during the 1st quarter. Versor Investments LP now owns 12,100 shares of the company's stock worth $147,000 after acquiring an additional 2,000 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Jamf by 2.0% in the fourth quarter. Sei Investments Co. now owns 109,654 shares of the company's stock valued at $1,541,000 after purchasing an additional 2,104 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of Jamf by 51.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock worth $104,000 after purchasing an additional 2,500 shares in the last quarter. Institutional investors own 93.81% of the company's stock.

Jamf Price Performance

Shares of JAMF stock traded down $0.13 during mid-day trading on Friday, reaching $10.62. The company's stock had a trading volume of 306,471 shares, compared to its average volume of 733,116. The firm's 50-day moving average is $11.67 and its two-hundred day moving average is $13.75. The company has a market cap of $1.40 billion, a P/E ratio of -19.29, a PEG ratio of 1.02 and a beta of 0.44. Jamf has a 1-year low of $9.94 and a 1-year high of $19.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

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

Jamf Company 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.