Marshall Wace LLP Purchases 297,804 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Marshall Wace LLP lifted its position in Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 61.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 778,629 shares of the company's stock after buying an additional 297,804 shares during the quarter. Marshall Wace LLP owned about 0.61% of Jamf worth $10,940,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Blue Trust Inc. grew its position in Jamf by 238.0% in the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company's stock worth $50,000 after purchasing an additional 2,523 shares during the last quarter. Versant Capital Management Inc raised its position in Jamf by 24.5% in the fourth 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 position in Jamf during the fourth quarter worth about $142,000. Mindset Wealth Management LLC acquired a new stake in Jamf during the fourth quarter valued at approximately $145,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Jamf in the 4th quarter valued at approximately $192,000. 93.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Jamf

In other Jamf news, CEO John Strosahl sold 56,170 shares of the stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total value of $763,350.30. Following the sale, the chief executive officer now directly owns 1,540,226 shares in the company, valued at approximately $20,931,671.34. This trade represents a 3.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Anthony Grabenau sold 9,701 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total transaction of $131,933.60. Following the completion of the transaction, the chief accounting officer now directly owns 57,946 shares of the company's stock, valued at $788,065.60. This trade represents a 14.34 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 248,912 shares of company stock valued at $3,355,739. 2.30% of the stock is currently owned by company insiders.

Jamf Trading Up 0.3 %

Shares of JAMF stock traded up $0.04 during trading hours on Friday, reaching $11.57. The company had a trading volume of 493,991 shares, compared to its average volume of 609,841. Jamf Holding Corp. has a 1-year low of $9.95 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. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of -21.04, a P/E/G ratio of 1.02 and a beta of 0.43. The company has a 50 day moving average of $12.70 and a 200 day moving average of $14.45.

Wall Street Analysts Forecast Growth

Several analysts recently commented on JAMF shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Morgan Stanley cut their price target on Jamf from $16.00 to $14.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Mizuho set a $15.00 price objective on shares of Jamf in a report on Wednesday, April 16th. Needham & Company LLC reaffirmed a "buy" rating and issued a $25.00 target price on shares of Jamf in a research note on Tuesday, March 4th. Finally, Barclays decreased their price target on shares of Jamf from $16.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Monday. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $19.60.

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.