Susquehanna Fundamental Investments LLC Takes $1.07 Million Position in Jamf Holding Corp. (NASDAQ:JAMF)

Susquehanna Fundamental Investments LLC acquired a new stake in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 76,364 shares of the company's stock, valued at approximately $1,073,000. Susquehanna Fundamental Investments LLC owned about 0.06% of Jamf at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Franklin Resources Inc. boosted its stake in shares of Jamf by 8.0% during the 3rd quarter. Franklin Resources Inc. now owns 516,635 shares of the company's stock worth $8,664,000 after acquiring an additional 38,429 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Jamf by 54.0% in the 4th quarter. SG Americas Securities LLC now owns 29,099 shares of the company's stock worth $409,000 after purchasing an additional 10,199 shares during the last quarter. Versant Capital Management Inc grew its holdings in Jamf by 24.5% during the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock valued at $57,000 after purchasing an additional 795 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Jamf by 53.5% in the fourth quarter. Renaissance Technologies LLC now owns 143,400 shares of the company's stock valued at $2,015,000 after purchasing an additional 50,000 shares during the period. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Jamf in the fourth quarter worth $231,000. 93.81% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Anthony Grabenau sold 9,701 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total value of $131,933.60. Following the sale, the chief accounting officer now owns 57,946 shares in the company, valued at approximately $788,065.60. The trade was a 14.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Beth Tschida sold 88,797 shares of Jamf stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the transaction, the insider now directly owns 487,810 shares of the company's stock, valued at $6,522,019.70. This represents a 15.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 248,912 shares of company stock worth $3,355,739 over the last quarter. Company insiders own 2.30% of the company's stock.

Jamf Price Performance

Shares of JAMF stock traded down $0.09 during mid-day trading on Friday, reaching $11.48. The company's stock had a trading volume of 657,776 shares, compared to its average volume of 614,044. The company has a market cap of $1.51 billion, a P/E ratio of -20.87, a PEG ratio of 1.02 and a beta of 0.44. The firm's 50-day moving average is $12.28 and its two-hundred day moving average is $14.21. Jamf Holding Corp. has a 1-year low of $9.95 and a 1-year high of $21.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Canaccord Genuity Group reissued a "buy" rating and set a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their target price on Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. William Blair reaffirmed an "outperform" rating on shares of Jamf in a research report on Friday, February 28th. Piper Sandler lowered their price objective on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Finally, Royal Bank of Canada cut their target price on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $19.60.

Jamf Company 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.