Atom Investors LP increased its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 213.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 132,036 shares of the company's stock after acquiring an additional 89,901 shares during the period. Atom Investors LP owned approximately 0.10% of Jamf worth $2,291,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Walleye Capital LLC lifted its stake in Jamf by 31.1% in the 3rd quarter. Walleye Capital LLC now owns 24,980 shares of the company's stock valued at $433,000 after buying an additional 5,929 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Jamf by 16.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 121,637 shares of the company's stock valued at $2,110,000 after acquiring an additional 17,116 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Jamf by 9.6% during the third quarter. MetLife Investment Management LLC now owns 46,434 shares of the company's stock worth $806,000 after purchasing an additional 4,057 shares in the last quarter. FMR LLC lifted its holdings in Jamf by 25.7% in the 3rd quarter. FMR LLC now owns 65,654 shares of the company's stock valued at $1,139,000 after purchasing an additional 13,441 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in Jamf by 7.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 44,671 shares of the company's stock worth $775,000 after purchasing an additional 3,154 shares during the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Jamf news, insider Linh Lam sold 7,702 shares of the stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total transaction of $127,545.12. Following the transaction, the insider now owns 187,438 shares of the company's stock, valued at $3,103,973.28. This represents a 3.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 2.30% of the company's stock.
Jamf Price Performance
JAMF traded up $0.01 during midday trading on Tuesday, reaching $15.51. 93,195 shares of the company's stock were exchanged, compared to its average volume of 504,798. The business's 50-day moving average price is $16.31 and its 200 day moving average price is $16.85. The stock has a market capitalization of $1.98 billion, a PE ratio of -28.18, a P/E/G ratio of 6.24 and a beta of 0.37. Jamf Holding Corp. has a 1-year low of $14.02 and a 1-year high of $21.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on JAMF shares. JMP Securities restated a "market outperform" rating and issued a $30.00 price target on shares of Jamf in a research report on Tuesday, October 1st. Morgan Stanley began coverage on Jamf in a research note on Monday, October 14th. They set an "equal weight" rating and a $20.00 price target on the stock. The Goldman Sachs Group started coverage on shares of Jamf in a report on Tuesday, September 3rd. They issued a "neutral" rating and a $21.00 price objective for the company. Needham & Company LLC reiterated a "buy" rating and set a $25.00 target price on shares of Jamf in a research report on Friday, October 4th. Finally, Canaccord Genuity Group cut their target price on shares of Jamf from $24.00 to $21.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Jamf has an average rating of "Moderate Buy" and an average price target of $22.75.
Check Out Our Latest Research Report on Jamf
About Jamf
(
Free Report)
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.
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