36,935 Shares in Jamf Holding Corp. (NASDAQ:JAMF) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 36,935 shares of the company's stock, valued at approximately $519,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Renaissance Group LLC grew its position in shares of Jamf by 62.8% in the fourth quarter. Renaissance Group LLC now owns 305,869 shares of the company's stock valued at $4,297,000 after purchasing an additional 117,994 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Jamf by 53.5% during the 4th quarter. Renaissance Technologies LLC now owns 143,400 shares of the company's stock valued at $2,015,000 after buying an additional 50,000 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Jamf by 21.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 80,057 shares of the company's stock valued at $1,125,000 after buying an additional 14,152 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Jamf during the fourth quarter worth $374,000. Finally, Wells Fargo & Company MN raised its holdings in shares of Jamf by 52.8% in the fourth quarter. Wells Fargo & Company MN now owns 44,717 shares of the company's stock worth $628,000 after acquiring an additional 15,454 shares during the last quarter. Institutional investors and hedge funds own 93.81% of the company's stock.

Analyst Ratings Changes

JAMF has been the topic of a number of analyst reports. William Blair reaffirmed an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. Needham & Company LLC reaffirmed a "buy" rating and set a $25.00 price target on shares of Jamf in a research note on Tuesday, March 4th. Barclays lifted their price target on shares of Jamf from $13.00 to $15.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 7th. Mizuho set a $15.00 price objective on shares of Jamf in a research report on Wednesday, April 16th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.80.

Jamf Stock Down 0.8%

Shares of NASDAQ JAMF traded down $0.09 during midday trading on Wednesday, reaching $11.74. 118,327 shares of the company's stock were exchanged, compared to its average volume of 620,826. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. Jamf Holding Corp. has a 52-week low of $9.95 and a 52-week high of $19.05. The business's fifty day moving average price is $11.89 and its two-hundred day moving average price is $13.95. The stock has a market capitalization of $1.55 billion, a PE ratio of -21.35, a price-to-earnings-growth ratio of 1.02 and a beta of 0.44.

Jamf (NASDAQ:JAMF - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.13). The business had revenue of $167.62 million during the quarter, compared to the consensus estimate of $166.22 million. During the same quarter last year, the firm posted $0.14 earnings per share. The firm's quarterly revenue was up 10.2% compared to the same quarter last year. Analysts forecast that Jamf Holding Corp. will post 0.05 EPS for the current year.

Insider Buying and Selling at Jamf

In other Jamf news, CAO Anthony Grabenau sold 9,701 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $131,933.60. Following the transaction, the chief accounting officer now owns 57,946 shares of the company's stock, valued at $788,065.60. This trade represents a 14.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Beth Tschida sold 88,797 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were 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 248,912 shares of company stock worth $3,355,739 in the last ninety days. 2.70% of the stock is owned by insiders.

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.