Ian Goodkind Sells 51,439 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF) CFO Ian Goodkind sold 51,439 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now owns 244,699 shares in the company, valued at approximately $4,911,108.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ian Goodkind also recently made the following trade(s):

• On Tuesday, March 19th, Ian Goodkind sold 7,735 shares of Jamf stock. The stock was sold at an average price of $17.85, for a total transaction of $138,069.75.

Jamf Trading Down 6.1 %

NASDAQ JAMF opened at $19.71 on Thursday. The company has a fifty day moving average of $18.42 and a 200 day moving average of $18.16. The company has a market capitalization of $2.53 billion, a PE ratio of -22.15 and a beta of 0.47. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf Holding Corp. has a 1 year low of $14.83 and a 1 year high of $22.89.

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

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of research analyst reports. Barclays raised their price target 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 reissued an “outperform” rating and issued a $21.00 target price on shares of Jamf in a research report 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 report on Thursday, March 14th. Finally, Mizuho cut their price objective on Jamf from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $23.67.

Institutional Investors Weigh In On Jamf

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of Jamf by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 7,188,675 shares of the company’s stock valued at $126,952,000 after purchasing an additional 130,500 shares during the period. Nordea Investment Management AB boosted its stake in shares of Jamf by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 182,194 shares of the company’s stock worth $3,316,000 after acquiring an additional 49,120 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Jamf by 12.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 444,538 shares of the company’s stock valued at $7,851,000 after acquiring an additional 49,252 shares during the period. Clearbridge Investments LLC increased its stake in shares of Jamf by 6.0% in the 3rd 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 in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in Jamf in the 4th quarter worth about $163,000. Hedge funds and other institutional investors own 93.81% of the company’s stock.

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.