Jamf Holding Corp. (NASDAQ:JAMF) Receives Average Rating of "N/A" from Brokerages

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) has been assigned a consensus recommendation of "N/A" from the zero brokerages that are presently covering the stock, MarketBeat Ratings reports.

Several analysts have weighed in on the company. Morgan Stanley assumed coverage on Jamf in a report on Monday, October 14th. They issued an "equal weight" rating and a $20.00 target price on the stock. Needham & Company LLC reissued a "buy" rating and issued a $25.00 target price on shares of Jamf in a report on Friday, October 4th. JMP Securities reissued a "market outperform" rating and issued a $30.00 target price on shares of Jamf in a report on Tuesday, October 1st. Canaccord Genuity Group lowered their target price on Jamf from $24.00 to $21.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Finally, The Goldman Sachs Group assumed coverage on Jamf in a research note on Tuesday, September 3rd. They set a "neutral" rating and a $21.00 price objective on the stock.

Insider Transactions at Jamf

In related news, insider Linh Lam sold 7,702 shares of the firm's stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $16.56, for a total transaction of $127,545.12. Following the sale, the insider now directly owns 187,438 shares in the company, valued at approximately $3,103,973.28. This trade represents a 3.95 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On Jamf

Hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC grew its stake in Jamf by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 12,710 shares of the company's stock valued at $233,000 after purchasing an additional 1,000 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in Jamf by 73.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 34,663 shares of the company's stock valued at $673,000 after purchasing an additional 14,712 shares in the last quarter. Vanguard Group Inc. grew its stake in Jamf by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 7,407,221 shares of the company's stock valued at $135,923,000 after purchasing an additional 129,489 shares in the last quarter. EntryPoint Capital LLC grew its stake in Jamf by 40.0% during the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company's stock valued at $61,000 after purchasing an additional 949 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in Jamf by 33.4% during the 1st quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company's stock valued at $76,000 after purchasing an additional 1,043 shares in the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Jamf Price Performance

NASDAQ:JAMF traded up $0.11 during trading hours on Friday, hitting $14.47. The company's stock had a trading volume of 482,706 shares, compared to its average volume of 565,533. The business's 50-day moving average is $16.64 and its two-hundred day moving average is $17.01. The company has a market capitalization of $1.85 billion, a PE ratio of -26.31, a PEG ratio of 6.14 and a beta of 0.41. 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 has a 52-week low of $14.02 and a 52-week high of $21.41.

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.