Jamf (NASDAQ:JAMF) Insider Linh Lam Sells 3,210 Shares

Key Points

• Linh Lam, an insider at Jamf Holding Corp., sold 3,210 shares at an average price of $9.95, totaling approximately $31,939.50, which decreased their ownership stake by 1.27%.
• Jamf's stock recently fell by 0.7%, trading at $9.93, and has experienced a 52-week range from $7.09 to $18.00.
• Brokerages have varying recommendations on Jamf's stock, with JPMorgan reducing their price target from $15 to $12, while Needham maintains a "buy" rating with a target of $20.

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Linh Lam sold 3,210 shares of the business's stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $9.95, for a total value of $31,939.50. Following the transaction, the insider owned 250,308 shares of the company's stock, valued at $2,490,564.60. This trade represents a 1.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jamf Trading Down 0.7%

Shares of Jamf stock traded down $0.07 on Friday, hitting $9.93. 1,196,300 shares of the company traded hands, compared to its average volume of 1,162,461. The stock's 50 day moving average price is $9.78 and its 200-day moving average price is $9.92. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.97. Jamf Holding Corp. has a 52 week low of $7.09 and a 52 week high of $18.00. The company has a market cap of $1.31 billion, a PE ratio of -25.46, a PEG ratio of 2.17 and a beta of 0.43.

Jamf (NASDAQ:JAMF - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The firm had revenue of $176.50 million during the quarter, compared to the consensus estimate of $168.58 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company's revenue was up 15.4% on a year-over-year basis. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Jamf Holding Corp. will post 0.05 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on JAMF. JPMorgan Chase & Co. reduced their price objective on shares of Jamf from $15.00 to $12.00 and set an "overweight" rating for the company in a research note on Thursday, July 17th. Wall Street Zen raised shares of Jamf from a "hold" rating to a "buy" rating in a research note on Saturday, October 4th. Needham & Company LLC reissued a "buy" rating and issued a $20.00 price objective on shares of Jamf in a research note on Thursday, October 9th. JMP Securities reduced their price objective on shares of Jamf from $27.00 to $18.00 and set a "market outperform" rating for the company in a research note on Friday, August 8th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Jamf in a research note on Wednesday, October 8th.

Institutional Investors Weigh In On Jamf

Hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH raised its position in shares of Jamf by 1.9% during the 2nd quarter. Allianz Asset Management GmbH now owns 77,702 shares of the company's stock worth $739,000 after purchasing an additional 1,440 shares during the last quarter. Engineers Gate Manager LP boosted its position in shares of Jamf by 1.3% during the 2nd quarter. Engineers Gate Manager LP now owns 123,614 shares of the company's stock worth $1,176,000 after purchasing an additional 1,556 shares during the period. Fox Run Management L.L.C. raised its holdings in shares of Jamf by 6.7% in the 2nd quarter. Fox Run Management L.L.C. now owns 29,541 shares of the company's stock valued at $281,000 after buying an additional 1,854 shares during the period. Versor Investments LP boosted its holdings in Jamf by 19.8% during the 1st quarter. Versor Investments LP now owns 12,100 shares of the company's stock valued at $147,000 after acquiring an additional 2,000 shares during the period. Finally, Rhumbline Advisers boosted its holdings in Jamf by 2.2% during the 1st quarter. Rhumbline Advisers now owns 116,785 shares of the company's stock valued at $1,419,000 after acquiring an additional 2,522 shares during the period. 93.81% of the stock is owned by hedge funds and other institutional investors.

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.

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