Legal & General Group Plc Has $10.24 Million Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Legal & General Group Plc decreased its stake in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 6.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 728,823 shares of the company's stock after selling 48,016 shares during the period. Legal & General Group Plc owned 0.57% of Jamf worth $10,240,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Jamf by 238.0% in the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock valued at $50,000 after acquiring an additional 2,523 shares during the period. Versant Capital Management Inc raised 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 purchasing an additional 795 shares in the last quarter. Versor Investments LP bought a new stake in Jamf in the 4th quarter valued at about $142,000. Mindset Wealth Management LLC acquired a new position in shares of Jamf during the 4th quarter worth approximately $145,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Jamf during the fourth quarter worth approximately $192,000. Institutional investors and hedge funds own 93.81% of the company's stock.

Insider Transactions at Jamf

In other Jamf news, insider Beth Tschida sold 88,797 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $1,187,215.89. Following the sale, the insider now directly owns 487,810 shares of the company's stock, valued at $6,522,019.70. The trade was a 15.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anthony Grabenau sold 9,701 shares of the stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total value of $131,933.60. Following the completion of the sale, the chief accounting officer now owns 57,946 shares of the company's stock, valued at $788,065.60. The trade was a 14.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 248,912 shares of company stock worth $3,355,739. Corporate insiders own 2.30% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on JAMF. Needham & Company LLC reiterated a "buy" rating and issued a $25.00 price target on shares of Jamf in a research note on Tuesday, March 4th. Morgan Stanley reduced their target price on Jamf from $16.00 to $14.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. JPMorgan Chase & Co. dropped their price target on Jamf from $18.00 to $15.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Piper Sandler reduced their price objective on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $19.60.

Jamf Price Performance

Shares of Jamf stock traded up $0.45 during midday trading on Wednesday, hitting $11.14. 154,869 shares of the company traded hands, compared to its average volume of 600,240. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of -20.25, a PEG ratio of 1.02 and a beta of 0.43. 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 firm's fifty day moving average price is $12.88 and its 200-day moving average price is $14.51. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $21.41.

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.