Jamf Holding Corp. (NASDAQ:JAMF) CAO Sells $131,933.60 in Stock

Jamf Holding Corp. (NASDAQ:JAMF) CAO Anthony Grabenau sold 9,701 shares of Jamf stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $131,933.60. Following the sale, the chief accounting officer now directly owns 57,946 shares in the company, valued at approximately $788,065.60. This trade represents a 14.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Anthony Grabenau also recently made the following trade(s):

• On Thursday, January 16th, Anthony Grabenau sold 3,706 shares of Jamf stock. The stock was sold at an average price of $14.13, for a total value of $52,365.78.

Jamf Stock Performance

NASDAQ:JAMF opened at $13.17 on Monday. The stock has a market capitalization of $1.70 billion, a P/E ratio of -23.95, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39. Jamf Holding Corp. has a 1 year low of $12.90 and a 1 year high of $21.41. The firm has a 50 day moving average of $14.57 and a 200-day moving average of $15.48. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

Hedge Funds Weigh In On Jamf

Several institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP increased its stake in shares of Jamf by 8.4% in the fourth quarter. Wellington Management Group LLP now owns 10,845,212 shares of the company’s stock valued at $152,375,000 after buying an additional 841,239 shares in the last quarter. Vanguard Group Inc. grew its holdings in Jamf by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 8,756,608 shares of the company’s stock worth $123,030,000 after acquiring an additional 114,036 shares during the last quarter. Clearbridge Investments LLC increased its position in Jamf by 20.2% in the 4th quarter. Clearbridge Investments LLC now owns 2,434,960 shares of the company’s stock valued at $34,211,000 after acquiring an additional 409,531 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Jamf by 8.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,081,200 shares of the company’s stock worth $29,242,000 after acquiring an additional 167,909 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Jamf by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock worth $30,391,000 after purchasing an additional 134,314 shares in the last quarter. Institutional investors own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on JAMF shares. JPMorgan Chase & Co. began coverage on Jamf in a research report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price objective on the stock. Barclays dropped their price objective on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. Royal Bank of Canada decreased their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 21st. Piper Sandler cut their price target on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Finally, William Blair reiterated an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.30.

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.