Bullseye Asset Management LLC Sells 21,943 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Bullseye Asset Management LLC trimmed its stake in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 13.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 136,638 shares of the company's stock after selling 21,943 shares during the quarter. Bullseye Asset Management LLC owned approximately 0.11% of Jamf worth $1,920,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its stake in Jamf by 8.0% during the 3rd quarter. Franklin Resources Inc. now owns 516,635 shares of the company's stock valued at $8,664,000 after acquiring an additional 38,429 shares during the last quarter. Geode Capital Management LLC boosted its stake in Jamf by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company's stock valued at $30,391,000 after acquiring an additional 134,314 shares during the last quarter. SG Americas Securities LLC boosted its stake in Jamf by 54.0% during the 4th quarter. SG Americas Securities LLC now owns 29,099 shares of the company's stock valued at $409,000 after acquiring an additional 10,199 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock worth $57,000 after buying an additional 795 shares during the last quarter. Finally, Asset Management One Co. Ltd. bought a new position in shares of Jamf in the 4th quarter worth about $231,000. 93.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Jamf news, Director Dean Hager sold 36,864 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $492,871.68. Following the completion of the sale, the director now directly owns 302,775 shares in the company, valued at $4,048,101.75. This represents a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Beth Tschida sold 88,797 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $1,187,215.89. Following the completion of the sale, the insider now owns 487,810 shares of the company's stock, valued at $6,522,019.70. This trade represents a 15.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 248,912 shares of company stock valued at $3,355,739 over the last quarter. Corporate insiders own 2.30% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on JAMF. Barclays reduced their price target on shares of Jamf from $16.00 to $13.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Mizuho set a $15.00 price target on shares of Jamf in a research report on Wednesday, April 16th. Needham & Company LLC restated a "buy" rating and issued a $25.00 price target on shares of Jamf in a research report on Tuesday, March 4th. Canaccord Genuity Group restated a "buy" rating and issued a $21.00 price target on shares of Jamf in a research report on Wednesday, February 26th. Finally, William Blair restated an "outperform" rating on shares of Jamf in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.60.

Jamf Price Performance

Shares of NASDAQ:JAMF traded down $0.15 during trading on Wednesday, reaching $11.57. The company had a trading volume of 123,098 shares, compared to its average volume of 610,528. The firm's fifty day moving average is $12.48 and its 200 day moving average is $14.32. 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 capitalization of $1.50 billion, a PE ratio of -21.04, a price-to-earnings-growth ratio of 1.02 and a beta of 0.43. Jamf Holding Corp. has a twelve month low of $8.00 and a twelve month high of $21.41.

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.