Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 34.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 241,932 shares of the company's stock after buying an additional 61,631 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.19% of Jamf worth $3,399,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JAMF. Quarry LP increased its holdings in Jamf by 130.9% in the 3rd 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. Blue Trust Inc. increased its holdings in Jamf by 238.0% in the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock valued at $50,000 after purchasing an additional 2,523 shares in the last quarter. Versant Capital Management Inc increased its holdings in Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock valued at $57,000 after purchasing an additional 795 shares in the last quarter. Assetmark Inc. increased its holdings in Jamf by 45.9% in the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company's stock valued at $76,000 after purchasing an additional 1,387 shares in the last quarter. Finally, Versor Investments LP acquired a new stake in Jamf in the 4th quarter valued at $142,000. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Dean Hager sold 36,864 shares of Jamf stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total transaction of $492,871.68. Following the sale, the director now owns 302,775 shares of the company's stock, valued at approximately $4,048,101.75. The trade was a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Beth Tschida sold 88,797 shares of Jamf stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $13.37, for a total value of $1,187,215.89. Following the sale, the insider now directly owns 487,810 shares in the company, valued at approximately $6,522,019.70. This trade represents a 15.40 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 129,367 shares of company stock valued at $1,732,453. Insiders own 2.30% of the company's stock.

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Jamf Stock Performance

NASDAQ JAMF traded down $0.25 during trading hours on Friday, reaching $13.17. The company's stock had a trading volume of 1,387,035 shares, compared to its average volume of 551,411. 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 business has a 50-day simple moving average of $14.58 and a 200 day simple moving average of $15.55. Jamf Holding Corp. has a 52 week low of $12.90 and a 52 week high of $21.41. The stock has a market cap of $1.70 billion, a PE ratio of -23.95, a PEG ratio of 1.02 and a beta of 0.39.

Analyst Upgrades and Downgrades

JAMF has been the subject of several recent analyst reports. Royal Bank of Canada lowered their target price on Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a research note on Tuesday, January 21st. Piper Sandler lowered their target price on Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research note on Monday, January 6th. JPMorgan Chase & Co. initiated coverage on Jamf in a research note on Thursday, February 6th. They set an "overweight" rating and a $20.00 target price for the company. Needham & Company LLC restated a "buy" rating and set a $25.00 target price on shares of Jamf in a research note on Tuesday, March 4th. Finally, William Blair restated an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Jamf has an average rating of "Moderate Buy" and a consensus 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.