Swiss National Bank Sells 10,200 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Swiss National Bank decreased its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,800 shares of the company’s stock after selling 10,200 shares during the quarter. Swiss National Bank owned 0.08% of Jamf worth $1,784,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Raymond James & Associates grew its position in shares of Jamf by 2.8% during the 3rd quarter. Raymond James & Associates now owns 38,800 shares of the company’s stock valued at $685,000 after acquiring an additional 1,074 shares during the period. Deutsche Bank AG grew its holdings in Jamf by 3.2% during the third quarter. Deutsche Bank AG now owns 112,389 shares of the company’s stock valued at $1,985,000 after purchasing an additional 3,505 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Jamf by 73.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,422 shares of the company’s stock valued at $224,000 after purchasing an additional 5,264 shares during the period. International Assets Investment Management LLC bought a new stake in Jamf during the fourth quarter valued at about $163,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Jamf by 7.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 147,141 shares of the company’s stock worth $2,599,000 after buying an additional 10,232 shares during the period. 93.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JAMF has been the subject of several analyst reports. Royal Bank of Canada increased their target price on shares of Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday, May 9th. Mizuho increased their price objective on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Canaccord Genuity Group lifted their target price on shares of Jamf from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Barclays increased their price target on Jamf from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 14th. Finally, Needham & Company LLC restated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Monday, May 20th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Jamf presently has an average rating of “Moderate Buy” and an average price target of $24.14.

Insider Buying and Selling at Jamf

In other news, insider Jason Wudi sold 33,830 shares of the company’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $17.89, for a total transaction of $605,218.70. Following the sale, the insider now directly owns 378,276 shares in the company, valued at approximately $6,767,357.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Jamf news, Director Dean Hager sold 73,730 shares of Jamf stock in a transaction on Friday, March 15th. The shares were sold at an average price of $17.76, for a total transaction of $1,309,444.80. Following the completion of the transaction, the director now directly owns 385,665 shares of the company’s stock, valued at $6,849,410.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jason Wudi sold 33,830 shares of the stock in a transaction on Monday, March 18th. The shares were sold at an average price of $17.89, for a total transaction of $605,218.70. Following the completion of the sale, the insider now directly owns 378,276 shares in the company, valued at approximately $6,767,357.64. The disclosure for this sale can be found here. Insiders sold 239,323 shares of company stock worth $4,393,336 over the last 90 days. 2.30% of the stock is owned by insiders.

Jamf Stock Down 0.7 %

JAMF opened at $16.28 on Friday. Jamf Holding Corp. has a 52 week low of $14.83 and a 52 week high of $22.89. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.51. The firm has a 50-day simple moving average of $18.53 and a two-hundred day simple moving average of $18.36. The company has a market capitalization of $2.09 billion, a PE ratio of -19.15, a price-to-earnings-growth ratio of 29.21 and a beta of 0.47.

Jamf (NASDAQ:JAMF) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.04. The business had revenue of $152.12 million during the quarter, compared to analysts’ expectations of $149.21 million. Jamf had a negative return on equity of 4.86% and a negative net margin of 18.33%. The firm’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter last year, the business posted ($0.08) EPS. Analysts forecast that Jamf Holding Corp. will post 0.01 earnings per share for the current fiscal 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.