Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) CEO John Strosahl sold 16,125 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $10.75, for a total value of $173,343.75. Following the completion of the sale, the chief executive officer now directly owns 1,524,101 shares in the company, valued at $16,384,085.75. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
John Strosahl also recently made the following trade(s):
- On Wednesday, March 19th, John Strosahl sold 56,170 shares of Jamf stock. The stock was sold at an average price of $13.59, for a total transaction of $763,350.30.
Jamf Trading Up 1.2%
Jamf stock traded up $0.13 during mid-day trading on Friday, hitting $10.67. The company's stock had a trading volume of 725,831 shares, compared to its average volume of 596,703. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of -19.40, a price-to-earnings-growth ratio of 1.02 and a beta of 0.44. The business has a 50 day moving average price of $11.08 and a 200-day moving average price of $13.32. Jamf Holding Corp. 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 data 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 during the quarter, compared to analysts' expectations of $166.22 million. During the same period in the prior year, the firm earned $0.14 EPS. The business's revenue was up 10.2% on a year-over-year basis. As a group, analysts forecast that Jamf Holding Corp. will post 0.05 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its holdings in shares of 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 period. Farther Finance Advisors LLC purchased a new position in Jamf during the first quarter valued at $41,000. Blue Trust Inc. boosted its holdings in shares of Jamf by 238.0% during the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock valued at $50,000 after buying an additional 2,523 shares in the last quarter. Quarry LP grew its position in shares of Jamf by 148.7% in the 1st quarter. Quarry LP now owns 6,505 shares of the company's stock worth $79,000 after buying an additional 3,889 shares during the period. Finally, Canada Pension Plan Investment Board increased 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 worth $104,000 after acquiring an additional 2,500 shares in the last quarter. Institutional investors own 93.81% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on JAMF. JPMorgan Chase & Co. decreased their price objective on 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 restated a "buy" rating and set a $25.00 price target on shares of Jamf in a research report on Tuesday, March 4th. Canaccord Genuity Group reissued a "buy" rating and issued a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Barclays increased their target price on shares of Jamf from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 7th. Finally, Mizuho set a $15.00 price objective on shares of Jamf in a research report on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $19.50.
Read Our Latest Stock Analysis on Jamf
About Jamf
(
Get Free Report)
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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