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

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) has earned an average recommendation of "N/A" from the zero analysts that are currently covering the stock, Marketbeat reports.

JAMF has been the subject of several research reports. William Blair restated an "outperform" rating on shares of Jamf in a report on Friday, February 28th. Morgan Stanley decreased their price target on shares of Jamf from $16.00 to $14.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. JPMorgan Chase & Co. cut their price objective on Jamf from $18.00 to $15.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Mizuho set a $15.00 target price on Jamf in a research report on Wednesday, April 16th. Finally, Barclays upped their price target on Jamf from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 7th.

Insider Transactions at Jamf

In other Jamf news, CEO John Strosahl sold 16,125 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $10.75, for a total value of $173,343.75. Following the transaction, the chief executive officer now directly owns 1,524,101 shares in the company, valued at approximately $16,384,085.75. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth Benz sold 57,380 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $780,368.00. Following the sale, the insider now owns 358,775 shares in the company, valued at approximately $4,879,340. The trade was a 13.79% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 320,869 shares of company stock worth $4,111,100 in the last ninety days. Insiders own 2.70% of the company's stock.

Hedge Funds Weigh In On Jamf

Several hedge funds have recently modified their holdings of the stock. Centiva Capital LP grew its position in shares of Jamf by 4.1% during the fourth quarter. Centiva Capital LP now owns 22,543 shares of the company's stock valued at $317,000 after purchasing an additional 898 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 valued at $654,000 after buying an additional 1,754 shares in the last quarter. Versor Investments LP increased its stake in Jamf by 19.8% in 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 during the last quarter. Sei Investments Co. raised its stake in Jamf by 2.0% during 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 in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in Jamf by 51.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock valued at $104,000 after purchasing an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 93.81% of the company's stock.

Jamf Trading Down 3.0%

JAMF traded down $0.31 on Thursday, hitting $10.03. 702,005 shares of the company were exchanged, compared to its average volume of 600,883. 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 fifty day simple moving average of $10.98 and a two-hundred day simple moving average of $13.22. The stock has a market capitalization of $1.32 billion, a PE ratio of -18.24, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40. Jamf has a 12 month low of $9.95 and a 12 month high of $19.05.

Jamf (NASDAQ:JAMF - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.13). The business had revenue of $167.62 million for the quarter, compared to analyst estimates of $166.22 million. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm's revenue for the quarter was up 10.2% compared to the same quarter last year. Sell-side analysts expect 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.