Amundi Sells 31,378 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Amundi lessened its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 31.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,324 shares of the company's stock after selling 31,378 shares during the period. Amundi owned approximately 0.05% of Jamf worth $965,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quarry LP increased its holdings in shares of Jamf by 130.9% in the 3rd quarter. Quarry LP now owns 2,478 shares of the company's stock worth $43,000 after buying an additional 1,405 shares during the last quarter. Blue Trust Inc. grew its position in Jamf by 238.0% in the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock worth $50,000 after acquiring an additional 2,523 shares in the last quarter. Versant Capital Management Inc increased its stake 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 acquiring an additional 795 shares during the last quarter. Versor Investments LP purchased a new stake in Jamf during the fourth quarter valued at approximately $142,000. Finally, Asset Management One Co. Ltd. bought a new stake in shares of Jamf in the 4th quarter valued at approximately $231,000. Hedge funds and other institutional investors own 93.81% of the company's stock.

Jamf Trading Down 1.9 %

Shares of NASDAQ:JAMF traded down $0.25 during trading on Friday, reaching $13.17. 1,387,035 shares of the company were exchanged, compared to its average volume of 552,279. The business's fifty day simple moving average is $14.57 and its 200-day simple moving average is $15.50. 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 12-month low of $12.90 and a 12-month high of $21.41. The firm has a market capitalization of $1.70 billion, a PE ratio of -23.95, a P/E/G ratio of 1.02 and a beta of 0.39.

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Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Royal Bank of Canada decreased their price target on Jamf from $23.00 to $19.00 and set an "outperform" rating on the stock in a report on Tuesday, January 21st. Piper Sandler reduced their target price 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. 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. JPMorgan Chase & Co. assumed coverage on shares of Jamf in a research report on Thursday, February 6th. They issued an "overweight" rating and a $20.00 price objective on the stock. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $21.00 target price on shares of Jamf in a research note on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $21.30.

Insiders Place Their Bets

In other Jamf news, insider Beth Tschida sold 88,797 shares of the 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 in the company, valued at $6,522,019.70. This represents a 15.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dean Hager sold 36,864 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $492,871.68. Following the completion of the sale, the director now owns 302,775 shares of the company's stock, valued at approximately $4,048,101.75. This represents a 10.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 252,618 shares of company stock worth $3,408,105 in the last ninety days. 2.30% of the stock is owned by company 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.