Bank of New York Mellon Corp Has $3.69 Million Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Bank of New York Mellon Corp cut its holdings in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 52.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 262,611 shares of the company's stock after selling 286,095 shares during the quarter. Bank of New York Mellon Corp owned about 0.21% of Jamf worth $3,690,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc raised its holdings in Jamf by 24.5% in the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock worth $57,000 after purchasing an additional 795 shares during the period. Assetmark Inc. raised its holdings in Jamf by 45.9% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company's stock worth $76,000 after purchasing an additional 1,387 shares during the period. Quarry LP raised its holdings in Jamf by 130.9% in the third quarter. Quarry LP now owns 2,478 shares of the company's stock worth $43,000 after purchasing an additional 1,405 shares during the period. Blue Trust Inc. raised its holdings 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 purchasing an additional 2,523 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in Jamf by 7.6% in the third quarter. The Manufacturers Life Insurance Company now owns 44,671 shares of the company's stock worth $775,000 after purchasing an additional 3,154 shares during the period. 93.81% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

JAMF has been the topic of several analyst reports. Royal Bank of Canada cut their target price on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating on the stock in a report on Tuesday, January 21st. Barclays cut their price objective on shares of Jamf from $17.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday, February 28th. William Blair reaffirmed an "outperform" rating on shares of Jamf in a research report on Friday, February 28th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $21.00 price objective on shares of Jamf in a research report on Wednesday, February 26th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $25.00 price objective on shares of Jamf in a research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.30.

Insiders Place Their Bets

In other news, CAO Anthony Grabenau sold 3,706 shares of the business's stock in a transaction dated 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 directly owns 33,479 shares in the company, valued at $473,058.27. The trade was a 9.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Beth Tschida sold 88,797 shares of the business's stock in a transaction dated 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 owns 487,810 shares in the company, 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 have sold 252,618 shares of company stock valued at $3,408,105 in the last three months. 2.30% of the stock is currently owned by corporate insiders.

Jamf Stock Down 1.9 %

NASDAQ:JAMF traded down $0.25 on Friday, hitting $13.17. 1,387,035 shares of the company's stock were exchanged, compared to its average volume of 551,599. The firm has a 50-day moving average price of $14.57 and a 200-day moving average price of $15.51. 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 52 week low of $12.90 and a 52 week high of $21.41. The company has a market cap of $1.70 billion, a P/E ratio of -23.95, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39.

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.