Jamf Holding Corp. (NASDAQ:JAMF) Given Consensus Recommendation of "N/A" by Analysts

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

A number of brokerages have recently weighed in on JAMF. Needham & Company LLC restated a "buy" rating and issued a $25.00 target price on shares of Jamf in a research note on Tuesday, March 4th. Barclays cut their target price on Jamf from $16.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Monday. William Blair reissued an "outperform" rating on shares of Jamf in a research report on Friday, February 28th. Canaccord Genuity Group reiterated a "buy" rating and issued a $21.00 price objective on shares of Jamf in a research report on Wednesday, February 26th. Finally, Morgan Stanley cut their price target on Jamf from $16.00 to $14.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th.

Jamf Price Performance

Shares of NASDAQ JAMF traded up $0.04 during mid-day trading on Wednesday, hitting $11.57. 493,991 shares of the stock were exchanged, compared to its average volume of 610,494. Jamf has a twelve month low of $9.95 and a twelve month high of $21.41. The stock's fifty day simple moving average is $12.62 and its two-hundred day simple moving average is $14.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $1.50 billion, a P/E ratio of -21.04, a PEG ratio of 1.02 and a beta of 0.43.

Insiders Place Their Bets

In related news, insider Elizabeth Benz sold 57,380 shares of the company's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total value of $780,368.00. Following the transaction, the insider now owns 358,775 shares in the company, valued at approximately $4,879,340. This represents a 13.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Beth Tschida sold 88,797 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $6,522,019.70. This represents a 15.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 248,912 shares of company stock valued at $3,355,739 over the last 90 days. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Jamf

A number of institutional investors have recently modified their holdings of the business. Wellington Management Group LLP boosted its stake in shares of Jamf by 8.4% in the fourth quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company's stock valued at $152,375,000 after buying an additional 841,239 shares during the period. Clearbridge Investments LLC lifted its position in shares of Jamf by 20.2% during the 4th quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company's stock valued at $34,211,000 after acquiring an additional 409,531 shares during the period. Principal Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 306,558 shares in the last quarter. Marshall Wace LLP increased its position in shares of Jamf by 61.9% in the fourth quarter. Marshall Wace LLP now owns 778,629 shares of the company's stock worth $10,940,000 after purchasing an additional 297,804 shares during the period. Finally, 272 Capital LP acquired a new position in Jamf in the fourth quarter valued at about $2,927,000. Institutional investors own 93.81% of the company's stock.

About Jamf

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.