Quarry LP Acquires 1,405 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Quarry LP boosted its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 130.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,478 shares of the company’s stock after acquiring an additional 1,405 shares during the quarter. Quarry LP’s holdings in Jamf were worth $43,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in Jamf in the 2nd quarter worth about $45,000. Venturi Wealth Management LLC increased its stake in Jamf by 57.1% in the 3rd quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock worth $63,000 after acquiring an additional 1,327 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Jamf by 45.9% in the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $76,000 after purchasing an additional 1,387 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Jamf in the 2nd quarter worth about $81,000. Finally, Sandia Investment Management LP purchased a new position in shares of Jamf in the 2nd quarter worth about $82,000. 93.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on Jamf in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 price objective for the company. Morgan Stanley initiated coverage on Jamf in a report on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a report on Friday, October 4th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $30.00 price objective on shares of Jamf in a report on Tuesday, October 1st. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $22.75.

Jamf Trading Down 0.7 %

JAMF opened at $15.05 on Wednesday. The business has a 50 day simple moving average of $16.06 and a two-hundred day simple moving average of $16.77. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -27.55, a PEG ratio of 6.60 and a beta of 0.36. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf Holding Corp. has a one year low of $14.02 and a one year high of $21.41.

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 transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.30% of the stock is currently owned by corporate insiders.

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.