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

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

A number of research firms have recently issued reports on JAMF. Barclays boosted their price objective on Jamf from $13.00 to $15.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 7th. JMP Securities restated a "market outperform" rating and set a $27.00 price objective on shares of Jamf in a research report on Wednesday, May 28th. JPMorgan Chase & Co. lowered 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. Morgan Stanley lowered their price target on Jamf from $16.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Finally, Mizuho set a $15.00 price target on Jamf in a research report on Wednesday, April 16th.

Jamf Stock Performance

Shares of JAMF stock traded down $0.22 during trading hours on Monday, reaching $8.65. 1,253,119 shares of the company's stock were exchanged, compared to its average volume of 651,660. The stock has a market capitalization of $1.14 billion, a P/E ratio of -22.76, a P/E/G ratio of 1.62 and a beta of 0.37. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.50. Jamf has a fifty-two week low of $8.63 and a fifty-two week high of $19.05. The business has a fifty day moving average price of $10.20 and a 200-day moving average price of $12.38.

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 firm had revenue of $167.62 million for the quarter, compared to the consensus estimate of $166.22 million. Jamf had a negative net margin of 7.37% and a positive return on equity of 2.20%. The business's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.14 earnings per share. Analysts predict that Jamf will post 0.05 EPS for the current fiscal year.

Insiders Place Their Bets

In other Jamf news, insider Elizabeth Benz sold 11,526 shares of the stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $10.70, for a total transaction of $123,328.20. Following the sale, the insider owned 347,249 shares of the company's stock, valued at $3,715,564.30. This represents a 3.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Beth Tschida sold 11,878 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $10.34, for a total transaction of $122,818.52. Following the sale, the insider directly owned 475,932 shares in the company, valued at approximately $4,921,136.88. This represents a 2.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 71,957 shares of company stock valued at $755,361. 2.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Jamf

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in Jamf by 32,950.0% during the 1st quarter. GAMMA Investing LLC now owns 3,305 shares of the company's stock worth $40,000 after acquiring an additional 3,295 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in Jamf during the 1st quarter worth about $41,000. Quarry LP boosted its stake in shares of Jamf by 148.7% in the 1st quarter. Quarry LP now owns 6,505 shares of the company's stock valued at $79,000 after purchasing an additional 3,889 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Jamf by 51.0% in the 4th 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. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Jamf in the 2nd quarter valued at about $115,000. Institutional investors own 93.81% of the company's stock.

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.