Jamf (NASDAQ:JAMF) Shares Gap Down After Analyst Downgrade

Jamf Holding Corp. (NASDAQ:JAMFGet Rating)’s stock price gapped down prior to trading on Wednesday after Craig Hallum lowered their price target on the stock to $21.00. The stock had previously closed at $23.23, but opened at $22.26. Jamf shares last traded at $21.99, with a volume of 15 shares changing hands.

Other research analysts also recently issued reports about the company. Mizuho cut their price target on Jamf from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Monday, October 17th. Piper Sandler dropped their target price on Jamf from $40.00 to $34.00 and set an “overweight” rating on the stock in a research note on Thursday, November 10th. Finally, Barclays dropped their target price on Jamf to $26.00 in a research note on Tuesday.

Jamf Trading Down 8.7 %

The stock has a 50-day simple moving average of $22.66 and a 200 day simple moving average of $24.51. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.55. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -17.68 and a beta of 0.63.

Jamf Company Profile

(Get Rating)

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology.

See Also

Receive News & Ratings for Jamf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamf and related companies with MarketBeat.com's FREE daily email newsletter.