Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by Blair William & Co. IL

Blair William & Co. IL lifted its position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 33.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 227,151 shares of the company's stock after buying an additional 56,699 shares during the quarter. Blair William & Co. IL owned approximately 0.18% of Jamf worth $3,191,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JAMF. Franklin Resources Inc. boosted its stake in Jamf by 8.0% in the third quarter. Franklin Resources Inc. now owns 516,635 shares of the company's stock valued at $8,664,000 after acquiring an additional 38,429 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Jamf by 8.3% in the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company's stock worth $30,391,000 after purchasing an additional 134,314 shares during the last quarter. Atom Investors LP lifted its holdings in shares of Jamf by 213.4% during the third quarter. Atom Investors LP now owns 132,036 shares of the company's stock worth $2,291,000 after purchasing an additional 89,901 shares during the period. SG Americas Securities LLC boosted its position in Jamf by 54.0% in the fourth quarter. SG Americas Securities LLC now owns 29,099 shares of the company's stock valued at $409,000 after buying an additional 10,199 shares during the last quarter. Finally, Versant Capital Management Inc boosted its position in 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 buying an additional 795 shares during the last quarter. 93.81% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Beth Tschida sold 88,797 shares of the firm'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 sale, the insider now owns 487,810 shares of the company's stock, valued at approximately $6,522,019.70. This trade represents a 15.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anthony Grabenau sold 3,706 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total value of $52,365.78. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 252,618 shares of company stock valued at $3,408,105. 2.30% of the stock is currently owned by company insiders.

Jamf Trading Down 6.9 %

Shares of NASDAQ JAMF traded down $0.80 during trading on Friday, reaching $10.80. The stock had a trading volume of 880,055 shares, compared to its average volume of 582,999. The business's 50-day moving average price is $14.18 and its 200-day moving average price is $15.14. Jamf Holding Corp. has a fifty-two week low of $10.67 and a fifty-two week high of $21.41. The company has a market cap of $1.40 billion, a P/E ratio of -19.64, a PEG ratio of 1.02 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

Analysts Set New Price Targets

Several analysts recently commented on JAMF shares. Needham & Company LLC restated a "buy" rating and set a $25.00 price target on shares of Jamf in a research report on Tuesday, March 4th. JPMorgan Chase & Co. began coverage on Jamf in a research report on Thursday, February 6th. They set an "overweight" rating and a $20.00 price target for the company. Canaccord Genuity Group reissued a "buy" rating and issued a $21.00 price objective on shares of Jamf in a research note on Wednesday, February 26th. Piper Sandler lowered 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. Finally, Morgan Stanley assumed coverage on shares of Jamf in a research report on Tuesday, March 18th. They issued an "equal weight" rating and a $16.00 target price for the company. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $21.30.

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.