Marshall Wace LLP Grows Stock Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Marshall Wace LLP lifted its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 61.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 778,629 shares of the company's stock after buying an additional 297,804 shares during the period. Marshall Wace LLP owned approximately 0.61% of Jamf worth $10,940,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Wellington Management Group LLP grew its position in shares of Jamf by 8.4% in the fourth quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company's stock valued at $152,375,000 after purchasing an additional 841,239 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Jamf by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 8,756,608 shares of the company's stock valued at $123,030,000 after purchasing an additional 114,036 shares during the period. Clearbridge Investments LLC grew its position in shares of Jamf by 20.2% during the 4th quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company's stock valued at $34,211,000 after purchasing an additional 409,531 shares in the last quarter. Geode Capital Management LLC boosted its stake in Jamf by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company's stock valued at $30,391,000 after buying an additional 134,314 shares during the period. Finally, Principal Financial Group Inc. grew its position in Jamf by 28.2% during the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company's stock worth $24,190,000 after buying an additional 306,558 shares in the last quarter. Hedge funds and other institutional investors own 93.81% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on JAMF shares. Mizuho set a $15.00 price objective on shares of Jamf in a research report on Wednesday, April 16th. William Blair reissued an "outperform" rating on shares of Jamf in a report on Friday, February 28th. JPMorgan Chase & Co. reduced their price target on shares of Jamf from $18.00 to $15.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Royal Bank of Canada cut their price target on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a research report on Tuesday, January 21st. Finally, Morgan Stanley reduced 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. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $19.60.

Insider Activity at Jamf

In other Jamf news, CAO Anthony Grabenau sold 9,701 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total transaction of $131,933.60. Following the sale, the chief accounting officer now owns 57,946 shares of the company's stock, valued at approximately $788,065.60. The trade was a 14.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John Strosahl sold 56,170 shares of Jamf stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total transaction of $763,350.30. Following the completion of the transaction, the chief executive officer now directly owns 1,540,226 shares of the company's stock, valued at $20,931,671.34. The trade was a 3.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 248,912 shares of company stock valued at $3,355,739. Corporate insiders own 2.30% of the company's stock.

Jamf Price Performance

NASDAQ:JAMF traded up $0.04 on Friday, reaching $11.57. 493,991 shares of the company's stock traded hands, compared to its average volume of 611,675. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $21.41. The stock has a 50-day simple moving average of $12.62 and a 200-day simple moving average of $14.37. The firm has a market cap of $1.50 billion, a PE ratio of -21.04, a P/E/G ratio of 1.02 and a beta of 0.43.

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.