Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 22.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 156,060 shares of the company's stock after acquiring an additional 28,344 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.12% of Jamf worth $2,193,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in Jamf by 238.0% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock worth $50,000 after purchasing an additional 2,523 shares during the period. Versant Capital Management Inc raised 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 worth $57,000 after buying an additional 795 shares during the last quarter. Canada Pension Plan Investment Board raised its position in Jamf by 51.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock valued at $104,000 after buying an additional 2,500 shares during the last quarter. Versor Investments LP purchased a new stake in Jamf in the 4th quarter valued at about $142,000. Finally, Mindset Wealth Management LLC bought a new stake in shares of Jamf in the 4th quarter worth approximately $145,000. 93.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of recent analyst reports. Barclays reduced their price target on shares of Jamf from $16.00 to $13.00 and set an "equal weight" rating for the company in a research report on Monday, April 21st. Royal Bank of Canada cut their price target on Jamf from $23.00 to $19.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 21st. Piper Sandler decreased their target price on Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. cut 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. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.60.

Insider Activity

In related news, CAO Anthony Grabenau sold 9,701 shares of Jamf stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $131,933.60. Following the sale, the chief accounting officer now directly owns 57,946 shares in the company, valued at approximately $788,065.60. The trade was a 14.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Beth Tschida sold 88,797 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was 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. The trade was a 15.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 248,912 shares of company stock valued at $3,355,739 over the last ninety days. 2.30% of the stock is currently owned by insiders.

Jamf Price Performance

Shares of NASDAQ:JAMF remained flat at $11.57 during trading hours on Thursday. 107,091 shares of the stock traded hands, compared to its average volume of 610,612. The company's 50 day moving average is $12.41 and its two-hundred day moving average is $14.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf Holding Corp. has a twelve month low of $9.95 and a twelve month high of $21.41. The firm has a market capitalization of $1.50 billion, a P/E ratio of -21.05, a price-to-earnings-growth ratio of 1.02 and a beta of 0.43.

About Jamf

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.