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

Jamf Holding Corp. (NASDAQ:JAMF) has earned an average rating of “N/A” from the zero analysts that are presently covering the stock, Marketbeat Ratings reports.

A number of equities analysts have recently weighed in on JAMF shares. Morgan Stanley assumed coverage on Jamf in a research note on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price objective for the company. Piper Sandler dropped their price target on Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Barclays reduced their price objective on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 target price on shares of Jamf in a research note on Friday, October 4th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $30.00 price target on shares of Jamf in a research note on Tuesday, October 1st.

Insider Buying and Selling

In related news, insider Linh Lam sold 7,702 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $16.56, for a total transaction of $127,545.12. Following the transaction, the insider now directly owns 187,438 shares in the company, valued at approximately $3,103,973.28. This represents a 3.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Crestwood Capital Management L.P. purchased a new position in Jamf during the 3rd quarter valued at $3,470,000. Franklin Resources Inc. lifted its position in shares of Jamf by 8.0% during the third quarter. Franklin Resources Inc. now owns 516,635 shares of the company’s stock worth $8,664,000 after purchasing an additional 38,429 shares during the last quarter. Geode Capital Management LLC boosted 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 valued at $30,391,000 after purchasing an additional 134,314 shares during the period. Atom Investors LP grew its holdings in shares of Jamf by 213.4% in the third quarter. Atom Investors LP now owns 132,036 shares of the company’s stock worth $2,291,000 after purchasing an additional 89,901 shares during the last quarter. Finally, 272 Capital LP increased its stake in Jamf by 41.4% in the 2nd quarter. 272 Capital LP now owns 151,932 shares of the company’s stock worth $2,507,000 after buying an additional 44,486 shares during the period. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Stock Down 2.5 %

Shares of JAMF stock opened at $13.77 on Monday. 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 has a one year low of $13.55 and a one year high of $21.41. The company’s fifty day moving average price is $14.98 and its 200-day moving average price is $16.60. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of -25.04, a PEG ratio of 6.33 and a beta of 0.37.

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.