Jamf Holding Corp. (NASDAQ:JAMF) CEO Sells $448,639.02 in Stock

Jamf Holding Corp. (NASDAQ:JAMFGet Free Report) CEO John Strosahl sold 24,966 shares of Jamf stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $17.97, for a total value of $448,639.02. Following the completion of the transaction, the chief executive officer now owns 1,068,965 shares of the company’s stock, valued at approximately $19,209,301.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

John Strosahl also recently made the following trade(s):

  • On Monday, March 18th, John Strosahl sold 33,961 shares of Jamf stock. The shares were sold at an average price of $17.89, for a total value of $607,562.29.

Jamf Stock Performance

Shares of JAMF stock opened at $17.77 on Friday. The business’s fifty day simple moving average is $18.98 and its 200-day simple moving average is $17.74. The company has a market cap of $2.26 billion, a PE ratio of -19.97 and a beta of 0.51. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a 12-month low of $14.83 and a 12-month high of $22.89.

Jamf (NASDAQ:JAMFGet Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.05. The firm had revenue of $150.65 million for the quarter, compared to analyst estimates of $148.34 million. Jamf had a negative net margin of 19.64% and a negative return on equity of 6.12%. Analysts expect that Jamf Holding Corp. will post -0.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Jamf

Large investors have recently made changes to their positions in the stock. Peregrine Capital Management LLC boosted its holdings in Jamf by 15.9% in the third quarter. Peregrine Capital Management LLC now owns 600,151 shares of the company’s stock valued at $10,599,000 after purchasing an additional 82,503 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in Jamf by 29.1% in the third quarter. Handelsbanken Fonder AB now owns 18,206 shares of the company’s stock valued at $322,000 after purchasing an additional 4,106 shares during the last quarter. Nordea Investment Management AB purchased a new stake in Jamf in the third quarter valued at $2,378,000. Charles Schwab Investment Management Inc. boosted its holdings in Jamf by 12.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 444,538 shares of the company’s stock valued at $7,851,000 after purchasing an additional 49,252 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its holdings in Jamf by 6.0% in the third quarter. Clearbridge Investments LLC now owns 2,058,012 shares of the company’s stock valued at $36,344,000 after purchasing an additional 115,808 shares during the last quarter. 95.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on JAMF shares. Royal Bank of Canada restated an “outperform” rating and set a $21.00 target price on shares of Jamf in a research report on Thursday, March 14th. Barclays lifted their price target on shares of Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a research note on Thursday, March 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price target on shares of Jamf in a research note on Thursday, March 14th. Finally, Mizuho reduced their price objective on shares of Jamf from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $23.67.

Check Out Our Latest Analysis on JAMF

Jamf Company Profile

(Get Free Report)

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform in the Americas, Europe, the Middle. 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 Data Policy, a solution to enforce acceptable usage policies that keeps away from risky sites and content; Jamf School, an apple mobile device management for schools; and Jamf Connect, a ZTNA solution that replaces legacy conditional access and VPN technology.

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Insider Buying and Selling by Quarter for Jamf (NASDAQ:JAMF)

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