Centiva Capital LP Has $376,000 Position in Jamf Holding Corp. (NASDAQ:JAMF)

Centiva Capital LP reduced its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 32.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,645 shares of the company’s stock after selling 10,346 shares during the quarter. Centiva Capital LP’s holdings in Jamf were worth $376,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new stake in Jamf during the second quarter worth about $45,000. Venturi Wealth Management LLC grew its position in Jamf by 57.1% during the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock worth $63,000 after buying an additional 1,327 shares in the last quarter. Assetmark Inc. grew its position in Jamf by 45.9% during the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $76,000 after buying an additional 1,387 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in Jamf during the second quarter valued at approximately $81,000. Finally, Sandia Investment Management LP acquired a new stake in Jamf during the second quarter valued at approximately $82,000. 93.81% of the stock is owned by institutional investors and hedge funds.

Jamf Stock Performance

JAMF stock opened at $15.16 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The company has a 50 day moving average price of $16.10 and a 200 day moving average price of $16.78. Jamf Holding Corp. has a fifty-two week low of $14.02 and a fifty-two week high of $21.41. The stock has a market capitalization of $1.94 billion, a PE ratio of -27.56, a price-to-earnings-growth ratio of 6.60 and a beta of 0.36.

Insider Buying and Selling

In other Jamf news, insider Linh Lam sold 7,702 shares of Jamf stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the completion of the sale, the insider now owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. The trade was a 3.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Morgan Stanley assumed coverage on Jamf in a report on Monday, October 14th. They set an “equal weight” rating and a $20.00 price objective on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 price objective on shares of Jamf in a report on Tuesday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Friday, October 4th. Finally, The Goldman Sachs Group began coverage on shares of Jamf in a research note on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Jamf presently has an average rating of “Moderate Buy” and an average target price of $22.75.

Jamf Profile

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.