Jamf Holding Corp. (NASDAQ:JAMF) Given Consensus Recommendation of “N/A” by Analysts

Jamf Holding Corp. (NASDAQ:JAMF) has been given an average rating of “N/A” by the zero analysts that are covering the firm, MarketBeat Ratings reports.

Several equities analysts recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Thursday, March 14th. Barclays raised their price objective on shares of Jamf from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Thursday, March 14th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Jamf in a research note on Thursday, March 14th. Finally, Mizuho dropped their price target on Jamf from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, February 28th.

Insider Activity at Jamf

In other Jamf news, CFO Ian Goodkind sold 51,439 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $20.07, for a total transaction of $1,032,380.73. Following the sale, the chief financial officer now directly owns 244,699 shares of the company’s stock, valued at approximately $4,911,108.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Jamf news, CFO Ian Goodkind sold 51,439 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $20.07, for a total value of $1,032,380.73. Following the completion of the transaction, the chief financial officer now directly owns 244,699 shares in the company, valued at $4,911,108.93. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jason Wudi sold 33,830 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $17.89, for a total value of $605,218.70. Following the completion of the sale, the insider now directly owns 378,276 shares of the company’s stock, valued at approximately $6,767,357.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 239,323 shares of company stock valued at $4,393,336. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Assetmark Inc. lifted its stake in Jamf by 20.6% in the 4th quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock valued at $59,000 after purchasing an additional 559 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Jamf in the fourth quarter valued at approximately $163,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Jamf in the fourth quarter valued at approximately $184,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Jamf by 73.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,422 shares of the company’s stock worth $224,000 after acquiring an additional 5,264 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Jamf during the 3rd quarter worth approximately $362,000. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Jamf Trading Up 0.6 %

JAMF opened at $21.00 on Wednesday. The firm’s fifty day moving average is $18.40 and its two-hundred day moving average is $18.12. The firm has a market cap of $2.69 billion, a PE ratio of -23.60 and a beta of 0.47. Jamf has a twelve month low of $14.83 and a twelve month high of $22.89. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.05. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. The business had revenue of $150.65 million for the quarter, compared to the consensus estimate of $148.34 million. Equities research analysts anticipate that Jamf will post -0.03 EPS for the current year.

About Jamf

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.