26,640 Shares in Jamf Holding Corp. (NASDAQ:JAMF) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,640 shares of the company's stock, valued at approximately $374,000.

Other large investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its holdings in Jamf by 7.6% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 44,671 shares of the company's stock valued at $775,000 after buying an additional 3,154 shares during the period. FMR LLC increased its position in shares of Jamf by 25.7% during the third quarter. FMR LLC now owns 65,654 shares of the company's stock worth $1,139,000 after buying an additional 13,441 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Jamf by 16.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 121,637 shares of the company's stock valued at $2,110,000 after buying an additional 17,116 shares during the period. Quarry LP increased its stake in Jamf by 130.9% in the third quarter. Quarry LP now owns 2,478 shares of the company's stock valued at $43,000 after purchasing an additional 1,405 shares in the last quarter. Finally, Barclays PLC raised its stake in Jamf by 12.3% during the 3rd quarter. Barclays PLC now owns 201,473 shares of the company's stock worth $3,495,000 after buying an additional 22,032 shares during the period. Institutional investors own 93.81% of the company's stock.

Insider Buying and Selling at Jamf

In related news, CEO John Strosahl sold 56,170 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total transaction of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares of the company's stock, valued at approximately $20,931,671.34. This trade represents a 3.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anthony Grabenau sold 3,706 shares of the company's stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total transaction of $52,365.78. Following the completion of the sale, the chief accounting officer now directly owns 33,479 shares of the company's stock, valued at $473,058.27. This trade represents a 9.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 252,618 shares of company stock valued at $3,408,105 in the last 90 days. Corporate insiders own 2.30% of the company's stock.

Jamf Price Performance

Shares of Jamf stock traded up $0.05 during trading on Tuesday, hitting $11.09. The stock had a trading volume of 62,120 shares, compared to its average volume of 596,781. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $21.41. The business's 50-day moving average is $13.48 and its 200 day moving average is $14.75. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of -20.15, a P/E/G ratio of 1.02 and a beta of 0.43.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Morgan Stanley assumed coverage on shares of Jamf in a research note on Tuesday, March 18th. They issued an "equal weight" rating and a $16.00 price objective on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Barclays cut their price target on shares of Jamf from $17.00 to $16.00 and set an "equal weight" rating on the stock in a report on Friday, February 28th. JPMorgan Chase & Co. started coverage on Jamf in a report on Thursday, February 6th. They issued an "overweight" rating and a $20.00 target price for the company. Finally, 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 report on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Jamf has an average rating of "Moderate Buy" and a consensus price target of $21.30.

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.