Jamf Holding Corp. (NASDAQ:JAMF) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 1.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,756,608 shares of the company's stock after purchasing an additional 114,036 shares during the period. Vanguard Group Inc. owned approximately 6.86% of Jamf worth $123,030,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JAMF. Principal Financial Group Inc. raised its position in Jamf by 28.2% in the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company's stock worth $24,190,000 after acquiring an additional 306,558 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Jamf by 8.3% in the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company's stock valued at $30,391,000 after purchasing an additional 134,314 shares during the period. Edgestream Partners L.P. purchased a new stake in Jamf during the fourth quarter worth about $1,569,000. Quantbot Technologies LP acquired a new position in Jamf during the fourth quarter worth about $1,051,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Jamf by 34.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 241,932 shares of the company's stock valued at $3,399,000 after buying an additional 61,631 shares in the last quarter. 93.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

JAMF has been the topic of a number of research reports. Canaccord Genuity Group restated a "buy" rating and issued a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. Morgan Stanley started coverage on Jamf in a research report on Tuesday, March 18th. They issued an "equal weight" rating and a $16.00 price target for the company. William Blair reissued an "outperform" rating on shares of Jamf in a research note on Friday, February 28th. Needham & Company LLC restated a "buy" rating and set a $25.00 target price on shares of Jamf in a research report on Tuesday, March 4th. Finally, Piper Sandler lowered their price target on shares of Jamf from $25.00 to $23.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $21.30.

Jamf Trading Up 0.8 %

Shares of NASDAQ:JAMF traded up $0.09 during midday trading on Friday, reaching $11.18. The company's stock had a trading volume of 736,996 shares, compared to its average volume of 598,988. The business has a 50 day moving average price of $13.57 and a 200 day moving average price of $14.79. Jamf Holding Corp. has a 1 year low of $9.95 and a 1 year high of $21.41. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -20.33, a price-to-earnings-growth ratio of 1.02 and a beta of 0.43. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

Insider Activity

In related news, insider Beth Tschida sold 88,797 shares of the company'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 completion of the transaction, the insider now owns 487,810 shares of the company's stock, valued at approximately $6,522,019.70. This represents a 15.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John Strosahl sold 56,170 shares of Jamf stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total transaction of $763,350.30. Following the completion of the transaction, the chief executive officer now owns 1,540,226 shares in the company, valued at approximately $20,931,671.34. This trade represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 252,618 shares of company stock valued at $3,408,105 in the last 90 days. 2.30% of the stock is currently owned by insiders.

About Jamf

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.