Treasurer of the State of North Carolina Grows Position in Jamf Holding Corp. (NASDAQ:JAMF)

Treasurer of the State of North Carolina boosted its stake in Jamf Holding Corp. (NASDAQ:JAMF – Get Rating) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,719 shares of the company’s stock after buying an additional 770 shares during the period. Treasurer of the State of North Carolina’s holdings in Jamf were worth $612,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Assenagon Asset Management S.A. increased its position in shares of Jamf by 112.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 66,979 shares of the company’s stock valued at $1,427,000 after acquiring an additional 35,392 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of Jamf by 2.5% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 34,663 shares of the company’s stock worth $738,000 after buying an additional 830 shares during the period. Swiss National Bank grew its stake in shares of Jamf by 2.6% in the fourth quarter. Swiss National Bank now owns 87,400 shares of the company’s stock valued at $1,862,000 after buying an additional 2,200 shares in the last quarter. UBS Group AG raised its holdings in shares of Jamf by 229.2% in the 4th quarter. UBS Group AG now owns 10,146 shares of the company’s stock valued at $216,000 after buying an additional 7,064 shares during the period. Finally, Raymond James & Associates lifted its stake in Jamf by 35.4% during the 4th quarter. Raymond James & Associates now owns 36,106 shares of the company’s stock worth $769,000 after acquiring an additional 9,440 shares in the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

Insider Activity

In other Jamf news, insider Jason Wudi sold 16,750 shares of Jamf stock in a transaction that occurred on Friday, March 17th. The stock was sold at an average price of $19.85, for a total transaction of $332,487.50. Following the transaction, the insider now owns 371,587 shares of the company’s stock, valued at $7,376,001.95. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Jamf news, insider Jason Wudi sold 16,750 shares of Jamf stock in a transaction on Friday, March 17th. The shares were sold at an average price of $19.85, for a total value of $332,487.50. Following the transaction, the insider now directly owns 371,587 shares in the company, valued at $7,376,001.95. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Ian Goodkind sold 11,048 shares of the stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $19.73, for a total transaction of $217,977.04. Following the sale, the chief financial officer now owns 179,483 shares of the company’s stock, valued at approximately $3,541,199.59. The disclosure for this sale can be found here. In the last three months, insiders sold 44,274 shares of company stock valued at $875,536. Insiders own 2.80% of the company’s stock.

Jamf Stock Down 0.1 %

NASDAQ:JAMF opened at $17.53 on Monday. Jamf Holding Corp. has a 1 year low of $16.53 and a 1 year high of $28.38. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.52. The stock has a 50-day simple moving average of $18.74 and a 200-day simple moving average of $20.08.

Jamf (NASDAQ:JAMF – Get Rating) last announced its quarterly earnings results on Tuesday, February 28th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. Jamf had a negative return on equity of 9.46% and a negative net margin of 27.82%. The firm had revenue of $130.32 million during the quarter, compared to the consensus estimate of $128.80 million. On average, equities analysts forecast that Jamf Holding Corp. will post -0.35 earnings per share for the current year.

Analysts Set New Price Targets

JAMF has been the topic of a number of recent research reports. Barclays cut their price target on shares of Jamf from $25.00 to $21.00 in a research note on Friday, May 5th. Needham & Company LLC reiterated a “buy” rating and set a $35.00 target price on shares of Jamf in a report on Wednesday, March 1st. Mizuho decreased their price target on shares of Jamf from $26.00 to $24.00 in a research report on Friday, May 5th. Finally, Royal Bank of Canada cut their price objective on Jamf from $27.00 to $25.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 1st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $26.00.

About Jamf

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Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology.