Fox Run Management L.L.C. boosted its position in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 530.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,049 shares of the company's stock after purchasing an additional 61,457 shares during the period. Fox Run Management L.L.C. owned about 0.06% of Jamf worth $1,026,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crestwood Capital Management L.P. acquired a new stake in Jamf during the 3rd quarter valued at $3,470,000. Franklin Resources Inc. lifted its position in Jamf by 8.0% during the 3rd quarter. Franklin Resources Inc. now owns 516,635 shares of the company's stock worth $8,664,000 after buying an additional 38,429 shares in the last quarter. Geode Capital Management LLC grew its holdings in Jamf by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company's stock worth $30,391,000 after acquiring an additional 134,314 shares during the last quarter. Atom Investors LP increased its position in Jamf by 213.4% in the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company's stock valued at $2,291,000 after acquiring an additional 89,901 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Jamf by 54.0% in the fourth quarter. SG Americas Securities LLC now owns 29,099 shares of the company's stock worth $409,000 after acquiring an additional 10,199 shares during the last quarter. 93.81% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
JAMF has been the topic of several research reports. Canaccord Genuity Group reaffirmed a "buy" rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Royal Bank of Canada reduced their target price on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 21st. Needham & Company LLC reissued a "buy" rating and set a $25.00 price target on shares of Jamf in a research note on Tuesday, March 4th. Barclays reduced 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 note on Friday, February 28th. Finally, Piper Sandler dropped their target price on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Three research 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.30.
Read Our Latest Analysis on Jamf
Insider Transactions at Jamf
In other news, CAO Anthony Grabenau sold 3,706 shares of the firm's stock in a transaction dated Thursday, January 16th. The stock was 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 owns 33,479 shares in the company, valued at $473,058.27. This trade represents a 9.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Beth Tschida sold 88,797 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $1,187,215.89. Following the sale, the insider now owns 487,810 shares in the company, valued at $6,522,019.70. The trade was a 15.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,618 shares of company stock valued at $3,408,105 over the last three months. Company insiders own 2.30% of the company's stock.
Jamf Stock Up 0.3 %
NASDAQ JAMF traded up $0.04 during trading hours on Thursday, reaching $12.99. 526,526 shares of the company's stock were exchanged, compared to its average volume of 557,737. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. Jamf Holding Corp. has a one year low of $12.73 and a one year high of $21.41. The company's 50-day moving average is $14.51 and its two-hundred day moving average is $15.40. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of -23.62, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39.
Jamf Company Profile
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Free Report)
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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