Jamf Holding Corp. (NASDAQ:JAMF) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,188,675 shares of the company's stock after purchasing an additional 130,500 shares during the period. Vanguard Group Inc. owned about 5.71% of Jamf worth $126,952,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Woodline Partners LP lifted its position in shares of Jamf by 1,343.1% during the 2nd quarter. Woodline Partners LP now owns 513,602 shares of the company's stock valued at $10,026,000 after buying an additional 478,012 shares in the last quarter. Norges Bank purchased a new position in shares of Jamf during the 4th quarter valued at about $9,159,000. Geode Capital Management LLC lifted its position in shares of Jamf by 49.6% during the 2nd quarter. Geode Capital Management LLC now owns 1,215,960 shares of the company's stock valued at $23,736,000 after buying an additional 403,165 shares in the last quarter. Northern Trust Corp lifted its position in shares of Jamf by 156.3% during the 2nd quarter. Northern Trust Corp now owns 605,620 shares of the company's stock valued at $11,822,000 after buying an additional 369,371 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Jamf by 932.3% during the 4th quarter. Marshall Wace LLP now owns 341,458 shares of the company's stock valued at $7,273,000 after buying an additional 308,381 shares in the last quarter. 93.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jamf

In other Jamf news, CEO John Strosahl sold 33,961 shares of the company's stock in a transaction on Monday, March 18th. The stock was sold at an average price of $17.89, for a total value of $607,562.29. Following the transaction, the chief executive officer now owns 1,101,639 shares of the company's stock, valued at approximately $19,708,321.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Jamf news, Director Dean Hager sold 73,730 shares of the company's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $17.76, for a total value of $1,309,444.80. Following the completion of the sale, the director now directly owns 385,665 shares in the company, valued at approximately $6,849,410.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO John Strosahl sold 33,961 shares of the company's stock in a transaction on Monday, March 18th. The stock was sold at an average price of $17.89, for a total value of $607,562.29. Following the completion of the sale, the chief executive officer now owns 1,101,639 shares of the company's stock, valued at $19,708,321.71. The disclosure for this sale can be found here. Insiders have sold 194,835 shares of company stock valued at $3,494,479 in the last quarter. 1.20% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on JAMF shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $21.00 price objective on shares of Jamf in a research report on Thursday, March 14th. Mizuho lowered their price target on Jamf from $22.00 to $21.00 and set a "buy" rating on the stock in a report on Wednesday, February 28th. Needham & Company LLC reissued a "buy" rating and issued a $25.00 price target on shares of Jamf in a report on Thursday, March 14th. Finally, Barclays lifted their price objective on Jamf from $18.00 to $20.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 14th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $23.67.

Jamf Trading Up 1.4 %

Shares of NASDAQ JAMF traded up $0.24 during trading hours on Wednesday, hitting $17.84. 340,795 shares of the company traded hands, compared to its average volume of 410,383. 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 company's 50 day moving average price is $18.81 and its 200 day moving average price is $17.80. Jamf Holding Corp. has a 12 month low of $14.83 and a 12 month high of $22.89.

Jamf (NASDAQ:JAMF - Get Free Report) last released its earnings results on Tuesday, February 27th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.05. The firm had revenue of $150.65 million for the quarter, compared to the consensus estimate of $148.34 million. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. Sell-side analysts expect that Jamf Holding Corp. will post -0.03 earnings per share for the current year.

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.