Anthony Grabenau Sells 3,706 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) CAO Anthony Grabenau sold 3,706 shares of the business'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 transaction, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. This represents a 9.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jamf Stock Performance

Shares of NASDAQ JAMF traded up $0.09 during trading hours on Tuesday, hitting $14.49. 651,865 shares of the stock were exchanged, compared to its average volume of 595,114. Jamf Holding Corp. has a one year low of $13.40 and a one year high of $21.41. The company's 50 day moving average is $14.66 and its 200 day moving average is $16.49. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $1.85 billion, a P/E ratio of -26.34, a P/E/G ratio of 0.99 and a beta of 0.37.

Institutional Investors Weigh In On Jamf

A number of hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in shares of Jamf by 54.0% during 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. Dakota Wealth Management increased its position in Jamf by 44.6% in the 4th quarter. Dakota Wealth Management now owns 17,015 shares of the company's stock worth $239,000 after buying an additional 5,249 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Jamf by 3.5% during the fourth quarter. Nordea Investment Management AB now owns 153,736 shares of the company's stock worth $2,192,000 after buying an additional 5,171 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Jamf by 24.5% in the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock valued at $57,000 after acquiring an additional 795 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Jamf by 28.2% in the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company's stock worth $24,190,000 after acquiring an additional 306,558 shares during the last quarter. 93.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

JAMF has been the subject of a number of research reports. Barclays reduced their price objective on Jamf from $20.00 to $17.00 and set an "equal weight" rating for the company in a research report on Friday, January 10th. Royal Bank of Canada lowered their price target on Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a research note on Tuesday. JMP Securities restated a "market outperform" rating and issued a $30.00 price objective on shares of Jamf in a report on Tuesday, October 1st. Morgan Stanley started coverage on shares of Jamf in a research note on Monday, October 14th. They issued an "equal weight" rating and a $20.00 target price for the company. Finally, Needham & Company LLC restated a "buy" rating and set a $25.00 price target on shares of Jamf in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $22.00.

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.

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