Jamf (JAMF) Projected to Post Quarterly Earnings on Thursday

Jamf (NASDAQ:JAMF - Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect Jamf to post earnings of $0.16 per share and revenue of $162.47 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Jamf Trading Down 1.0 %

Shares of NASDAQ JAMF traded down $0.15 during midday trading on Friday, reaching $14.97. 542,861 shares of the stock were exchanged, compared to its average volume of 564,367. The company has a 50 day simple moving average of $14.84 and a 200 day simple moving average of $16.08. The stock has a market capitalization of $1.91 billion, a P/E ratio of -27.22, a PEG ratio of 1.04 and a beta of 0.38. 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 twelve month low of $13.40 and a twelve month high of $21.41.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JAMF. Needham & Company LLC restated a "buy" rating and set a $25.00 price target on shares of Jamf in a report on Tuesday, January 21st. Royal Bank of Canada cut their price target on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a report on Tuesday, January 21st. Barclays cut their price target on shares of Jamf from $20.00 to $17.00 and set an "equal weight" rating for the company in a report on Friday, January 10th. JPMorgan Chase & Co. started coverage on shares of Jamf in a research report on Thursday, February 6th. They set an "overweight" rating and a $20.00 price objective for the company. Finally, Piper Sandler lowered 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. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $21.80.

Insider Buying and Selling at Jamf

In other news, CAO Anthony Grabenau sold 3,706 shares of the firm's stock in a transaction 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 sale, the chief accounting officer now directly owns 33,479 shares in the company, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is currently owned by corporate insiders.

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.