Jamf Holding Corp. (NASDAQ:JAMF) Receives Average Rating of “N/A” from Analysts

Jamf Holding Corp. (NASDAQ:JAMF) has received an average recommendation of “N/A” from the zero ratings firms that are presently covering the stock, MarketBeat.com reports.

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Jamf in a research note on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 price target on the stock. JMP Securities reiterated a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research note on Tuesday, October 1st. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Friday, October 4th. Canaccord Genuity Group cut their price target on Jamf from $24.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Morgan Stanley initiated coverage on Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective for the company.

Jamf Stock Up 0.8 %

Shares of JAMF opened at $14.47 on Friday. The company’s 50-day moving average price is $16.64 and its 200 day moving average price is $17.02. Jamf has a 12-month low of $14.02 and a 12-month high of $21.41. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.85 billion, a P/E ratio of -26.31, a price-to-earnings-growth ratio of 6.14 and a beta of 0.41.

Insider Transactions at Jamf

In other Jamf news, insider Linh Lam sold 7,702 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the sale, the insider now owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. This trade represents a 3.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Versant Capital Management Inc grew its holdings in shares of Jamf by 17,830.8% during the second quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock worth $38,000 after purchasing an additional 2,318 shares during the last quarter. Quarry LP grew its stake in Jamf by 130.9% during the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock worth $43,000 after buying an additional 1,405 shares during the last quarter. Fifth Third Bancorp acquired a new position in Jamf during the second quarter worth approximately $45,000. EntryPoint Capital LLC lifted its stake in Jamf by 40.0% in the first quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock valued at $61,000 after buying an additional 949 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Jamf by 57.1% in the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock valued at $63,000 after acquiring an additional 1,327 shares during the period. 93.81% of the stock is owned by hedge funds and other institutional investors.

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.