Jamf Holding Corp. (NASDAQ:JAMF) Receives Consensus Rating of “N/A” from Analysts

Jamf Holding Corp. (NASDAQ:JAMF) has been given a consensus recommendation of “N/A” by the zero research firms that are currently covering the stock, Marketbeat.com reports.

A number of equities research analysts recently issued reports on the stock. Morgan Stanley assumed coverage on shares of Jamf in a research note on Monday, October 14th. They set an “equal weight” rating and a $20.00 price target on the stock. Needham & Company LLC restated a “buy” rating and set a $25.00 target price on shares of Jamf in a research report on Friday, October 4th. The Goldman Sachs Group started coverage on Jamf in a report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price for the company. Finally, JMP Securities reissued a “market outperform” rating and issued a $30.00 target price on shares of Jamf in a research note on Tuesday, October 1st.

Insider Activity

In related news, insider Linh Lam sold 7,702 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the transaction, the insider now owns 187,438 shares of the company’s stock, valued at $3,103,973.28. The trade was a 3.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. raised its stake in shares of Jamf by 28.2% during the 3rd quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock worth $24,190,000 after acquiring an additional 306,558 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Jamf by 8.0% in the third quarter. Franklin Resources Inc. now owns 516,635 shares of the company’s stock worth $8,664,000 after acquiring an additional 38,429 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its position in Jamf by 67.8% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 127,716 shares of the company’s stock worth $2,216,000 after purchasing an additional 51,599 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Jamf by 8.3% during the third quarter. Geode Capital Management LLC now owns 1,751,340 shares of the company’s stock worth $30,391,000 after buying an additional 134,314 shares during the period. Finally, Barclays PLC grew its stake in Jamf by 12.3% during the 3rd quarter. Barclays PLC now owns 201,473 shares of the company’s stock valued at $3,495,000 after purchasing an additional 22,032 shares during the last quarter. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Jamf Stock Performance

NASDAQ:JAMF opened at $14.70 on Thursday. 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 market cap of $1.88 billion, a price-to-earnings ratio of -26.73, a PEG ratio of 6.47 and a beta of 0.36. Jamf has a 1 year low of $14.02 and a 1 year high of $21.41. The stock’s 50 day simple moving average is $15.70 and its two-hundred day simple moving average is $16.70.

Jamf Company 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.