Jane Street Group LLC Has $1.07 Million Position in Jamf Holding Corp. (NASDAQ:JAMF)

Jane Street Group LLC reduced its position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 52.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,900 shares of the company's stock after selling 67,819 shares during the period. Jane Street Group LLC's holdings in Jamf were worth $1,074,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Wellington Management Group LLP grew its holdings in shares of Jamf by 6.0% during the third quarter. Wellington Management Group LLP now owns 10,003,973 shares of the company's stock valued at $173,569,000 after buying an additional 565,008 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Jamf by 97.1% in the 3rd quarter. Quantinno Capital Management LP now owns 292,626 shares of the company's stock worth $5,077,000 after acquiring an additional 144,144 shares in the last quarter. Quarry LP boosted its position in Jamf by 130.9% during the 3rd quarter. Quarry LP now owns 2,478 shares of the company's stock worth $43,000 after acquiring an additional 1,405 shares during the period. Atom Investors LP grew its stake in Jamf by 213.4% during the 3rd quarter. Atom Investors LP now owns 132,036 shares of the company's stock valued at $2,291,000 after acquiring an additional 89,901 shares in the last quarter. Finally, Walleye Capital LLC increased its holdings in shares of 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 purchasing an additional 5,929 shares during the period. Institutional investors and hedge funds own 93.81% of the company's stock.

Jamf Stock Down 1.1 %

Shares of Jamf stock traded down $0.15 during midday trading on Tuesday, reaching $14.05. 418,905 shares of the company's stock traded hands, compared to its average volume of 511,229. 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 Holding Corp. has a 52 week low of $13.84 and a 52 week high of $21.41. The company's 50 day simple moving average is $15.39 and its 200 day simple moving average is $16.66. The company has a market cap of $1.79 billion, a price-to-earnings ratio of -25.54, a price-to-earnings-growth ratio of 6.33 and a beta of 0.36.

Insider Buying and Selling at Jamf

In other Jamf news, insider Linh Lam sold 7,702 shares of the company's stock in a transaction that occurred 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.30% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on JAMF shares. Needham & Company LLC restated a "buy" rating and set a $25.00 price target on shares of Jamf in a report on Friday, October 4th. The Goldman Sachs Group began coverage on shares of Jamf in a research note on Tuesday, September 3rd. They set a "neutral" rating and a $21.00 target price for the company. JMP Securities reaffirmed a "market outperform" rating and issued a $30.00 price target on shares of Jamf in a research note on Tuesday, October 1st. Finally, Morgan Stanley initiated coverage on Jamf in a report on Monday, October 14th. They set an "equal weight" rating and a $20.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $22.75.

Jamf 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.