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

Shares of Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) have received a consensus recommendation of "N/A" from the zero analysts that are presently covering the company, Marketbeat Ratings reports.

JAMF has been the subject of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on shares of Jamf in a research report on Thursday. They issued an "overweight" rating and a $20.00 target price for the company. Morgan Stanley initiated coverage on shares of Jamf in a research report on Monday, October 14th. They issued an "equal weight" rating and a $20.00 target price for the company. Barclays reduced their target price on shares of Jamf from $20.00 to $17.00 and set an "equal weight" rating for the company in a research report on Friday, January 10th. Needham & Company LLC reiterated a "buy" rating and issued a $25.00 target price on shares of Jamf in a research report on Tuesday, January 21st. Finally, Piper Sandler reduced 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.

Insider Activity at Jamf

In related news, CAO Anthony Grabenau sold 3,706 shares of Jamf stock in a transaction that occurred on Thursday, January 16th. The shares were 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 approximately $473,058.27. The trade was a 9.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Crestwood Capital Management L.P. acquired a new position in shares of Jamf in the third quarter valued at approximately $3,470,000. Franklin Resources Inc. grew its holdings 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 acquiring 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 in the last quarter. Atom Investors LP grew its holdings in Jamf by 213.4% during the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company's stock worth $2,291,000 after acquiring an additional 89,901 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Jamf by 28.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company's stock worth $24,190,000 after acquiring an additional 306,558 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company's stock.

Jamf Price Performance

JAMF traded up $0.28 during midday trading on Friday, hitting $15.82. 167,286 shares of the company traded hands, compared to its average volume of 560,917. 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 company has a market capitalization of $2.02 billion, a price-to-earnings ratio of -28.76, a PEG ratio of 1.10 and a beta of 0.38. Jamf has a 52-week low of $13.40 and a 52-week high of $21.41. The business has a 50 day simple moving average of $14.79 and a two-hundred day simple moving average of $16.22.

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.