Anthony Grabenau Sells 9,701 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) CAO Anthony Grabenau sold 9,701 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $131,933.60. Following the completion of the transaction, the chief accounting officer now directly owns 57,946 shares in the company, valued at approximately $788,065.60. This represents a 14.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Anthony Grabenau also recently made the following trade(s):

• On Thursday, January 16th, Anthony Grabenau sold 3,706 shares of Jamf stock. The shares were sold at an average price of $14.13, for a total transaction of $52,365.78.

Jamf Trading Down 0.3 %

Shares of Jamf stock traded down $0.04 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's 50-day moving average price is $14.55 and its two-hundred day moving average price is $15.45. Jamf Holding Corp. has a 1 year low of $12.90 and a 1 year high of $21.41. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of -24.07, a P/E/G ratio of 1.02 and a beta of 0.39. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JAMF. Wellington Management Group LLP boosted its stake in shares of Jamf by 8.4% during the 4th quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company's stock worth $152,375,000 after purchasing an additional 841,239 shares during the period. Clearbridge Investments LLC lifted its stake in Jamf by 20.2% in the fourth quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company's stock worth $34,211,000 after purchasing an additional 409,531 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Jamf by 28.2% during the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company's stock valued at $24,190,000 after buying an additional 306,558 shares during the period. Marshall Wace LLP grew its stake in shares of Jamf by 61.9% during the fourth quarter. Marshall Wace LLP now owns 778,629 shares of the company's stock valued at $10,940,000 after buying an additional 297,804 shares during the last quarter. Finally, 272 Capital LP purchased a new stake in shares of Jamf in the fourth quarter worth approximately $2,927,000. Institutional investors own 93.81% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on JAMF shares. Morgan Stanley started coverage on shares of Jamf in a research note on Tuesday, March 18th. They set an "equal weight" rating and a $16.00 target price for the company. Piper Sandler cut their price objective on Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Barclays decreased their target price on Jamf from $17.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday, February 28th. Canaccord Genuity Group restated a "buy" rating and set a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.30.

Jamf Company 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.