Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Elizabeth Benz sold 57,380 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total transaction of $780,368.00. Following the completion of the sale, the insider now owns 358,775 shares in the company, valued at $4,879,340. This represents a 13.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Jamf Stock Performance
NASDAQ:JAMF traded down $0.04 during trading hours on Tuesday, reaching $13.24. The company had a trading volume of 1,093,266 shares, compared to its average volume of 555,398. The firm has a market cap of $1.71 billion, a PE ratio of -24.07, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. Jamf Holding Corp. has a 1-year low of $12.90 and a 1-year high of $21.41. The business's 50 day moving average price is $14.55 and its 200-day moving average price is $15.45. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95.
Analyst Ratings Changes
Several analysts have recently commented on JAMF shares. Needham & Company LLC reissued a "buy" rating and issued a $25.00 price objective on shares of Jamf in a research report on Tuesday, March 4th. Royal Bank of Canada decreased 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, January 21st. Piper Sandler cut their price objective on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. JPMorgan Chase & Co. initiated coverage on shares of Jamf in a research report on Thursday, February 6th. They issued an "overweight" rating and a $20.00 price objective for the company. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.30.
Get Our Latest Analysis on Jamf
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Quarry LP raised its holdings in Jamf by 130.9% in the 3rd 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. increased its position in shares of Jamf by 238.0% in the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock valued at $50,000 after buying an additional 2,523 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of Jamf by 24.5% during the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock worth $57,000 after buying an additional 795 shares during the period. Canada Pension Plan Investment Board lifted its position in shares of Jamf by 51.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company's stock valued at $104,000 after buying an additional 2,500 shares in the last quarter. Finally, Versor Investments LP acquired a new stake in Jamf in the 4th quarter valued at $142,000. Institutional investors and hedge funds own 93.81% of the company's stock.
About Jamf
(
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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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