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

Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) has been given an average recommendation of "N/A" by the zero brokerages that are currently covering the stock, MarketBeat reports.

Several equities analysts have recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and set a $25.00 price objective on shares of Jamf in a report on Friday, October 4th. Morgan Stanley assumed coverage on shares of Jamf in a research report on Monday, October 14th. They set an "equal weight" rating and a $20.00 price objective for the company. JMP Securities restated a "market outperform" rating and issued a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. Barclays decreased their target price on shares of Jamf from $20.00 to $17.00 and set an "equal weight" rating on the stock in a research note on Friday. Finally, Piper Sandler cut their price objective 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 Buying and Selling at Jamf

In other news, insider Linh Lam sold 7,702 shares of Jamf stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is owned by corporate insiders.

Institutional Trading of Jamf

Institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP boosted its holdings in shares of Jamf by 130.9% during the third quarter. Quarry LP now owns 2,478 shares of the company's stock worth $43,000 after purchasing an additional 1,405 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Jamf by 57.1% during the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company's stock worth $63,000 after buying an additional 1,327 shares during the period. Versant Capital Management Inc boosted its stake in Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company's stock worth $57,000 after buying an additional 795 shares during the last quarter. Assetmark Inc. grew its holdings in Jamf by 45.9% in the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company's stock valued at $76,000 after buying an additional 1,387 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Jamf during the 2nd quarter worth about $81,000. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Jamf Trading Up 1.5 %

JAMF stock traded up $0.20 during midday trading on Monday, reaching $13.97. 620,705 shares of the company traded hands, compared to its average volume of 474,844. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of -25.40, a P/E/G ratio of 6.33 and a beta of 0.37. 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 business has a 50 day moving average of $14.98 and a 200-day moving average of $16.60. Jamf has a 52-week low of $13.40 and a 52-week high of $21.41.

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.