Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Friday after Barclays lowered their price target on the stock from $17.00 to $16.00. Barclays currently has an equal weight rating on the stock. Jamf traded as low as $13.30 and last traded at $13.71, with a volume of 224891 shares traded. The stock had previously closed at $14.73.
Other research analysts have also issued research reports about the stock. Piper Sandler lowered their price target on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Royal Bank of Canada lowered 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. Canaccord Genuity Group restated a "buy" rating and set a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. JPMorgan Chase & Co. assumed coverage on shares of Jamf in a report on Thursday, February 6th. They set an "overweight" rating and a $20.00 price target for the company. Finally, William Blair reiterated an "outperform" rating on shares of Jamf in a research note on Friday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Jamf has an average rating of "Moderate Buy" and a consensus price target of $21.70.
Read Our Latest Stock Analysis on Jamf
Insider Activity at Jamf
In related news, CAO Anthony Grabenau sold 3,706 shares of Jamf 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 completion of the sale, the chief accounting officer now owns 33,479 shares of the company's stock, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.30% of the stock is currently owned by insiders.
Institutional Trading of Jamf
Several hedge funds have recently bought and sold shares of the business. Wellington Management Group LLP grew its position in Jamf by 8.4% in the 4th quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company's stock valued at $152,375,000 after purchasing an additional 841,239 shares during the period. Vanguard Group Inc. boosted its holdings in Jamf by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 8,756,608 shares of the company's stock worth $123,030,000 after acquiring an additional 114,036 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in Jamf by 20.2% during the 4th quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company's stock worth $34,211,000 after acquiring an additional 409,531 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Jamf by 8.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,081,200 shares of the company's stock worth $29,242,000 after acquiring an additional 167,909 shares during the last quarter. Finally, Geode Capital Management LLC boosted 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 during the last quarter. Institutional investors and hedge funds own 93.81% of the company's stock.
Jamf Stock Up 1.5 %
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 stock has a market capitalization of $1.78 billion, a PE ratio of -25.38, a P/E/G ratio of 1.02 and a beta of 0.38. The stock's fifty day simple moving average is $14.78 and its 200-day simple moving average is $15.93.
About Jamf
(
Get 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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