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

Treasurer of the State of North Carolina grew its stake in Jamf Holding Corp. (NASDAQ:JAMF – Get Rating) by 2.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 28,719 shares of the company’s stock after acquiring an additional 770 shares during the period. Treasurer of the State of North Carolina’s holdings in Jamf were worth $612,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Dorsey & Whitney Trust CO LLC lifted its stake in Jamf by 8.5% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 61,186 shares of the company’s stock worth $1,303,000 after purchasing an additional 4,776 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in shares of Jamf by 2.5% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 34,663 shares of the company’s stock valued at $738,000 after buying an additional 830 shares during the period. Assenagon Asset Management S.A. lifted its stake in Jamf by 112.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 66,979 shares of the company’s stock worth $1,427,000 after acquiring an additional 35,392 shares in the last quarter. UBS Group AG boosted its holdings in Jamf by 229.2% during the 4th quarter. UBS Group AG now owns 10,146 shares of the company’s stock valued at $216,000 after acquiring an additional 7,064 shares during the period. Finally, Raymond James & Associates grew its position in Jamf by 35.4% in the 4th quarter. Raymond James & Associates now owns 36,106 shares of the company’s stock valued at $769,000 after acquiring an additional 9,440 shares in the last quarter. 97.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JAMF has been the subject of a number of research reports. Needham & Company LLC restated a “buy” rating and issued a $35.00 price objective on shares of Jamf in a report on Wednesday, March 1st. Barclays cut their price objective on Jamf from $25.00 to $21.00 in a research report on Friday, May 5th. Mizuho decreased their target price on Jamf from $26.00 to $24.00 in a report on Friday, May 5th. Finally, Royal Bank of Canada lowered their target price on Jamf from $27.00 to $25.00 and set an “outperform” rating for the company in a research note 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.

Jamf Stock Down 0.1 %

Jamf stock opened at $17.53 on Monday. The stock’s fifty day moving average is $18.74 and its two-hundred day moving average is $20.08. Jamf Holding Corp. has a 1-year low of $16.53 and a 1-year high of $28.38. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.97 and a current ratio of 0.97.

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

Insider Buying and Selling

In other Jamf news, insider Jason Wudi sold 16,750 shares of the firm’s stock in a transaction on Friday, March 17th. The shares were sold at an average price of $19.85, for a total transaction of $332,487.50. Following the transaction, the insider now directly owns 371,587 shares of the company’s stock, valued at approximately $7,376,001.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Jeff Lendino sold 16,476 shares of the company’s stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $19.73, for a total transaction of $325,071.48. Following the transaction, the insider now directly owns 210,881 shares of the company’s stock, valued at approximately $4,160,682.13. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jason Wudi sold 16,750 shares of the business’s stock in a transaction dated Friday, March 17th. The stock was sold at an average price of $19.85, for a total transaction of $332,487.50. Following the sale, the insider now directly owns 371,587 shares in the company, valued at approximately $7,376,001.95. The disclosure for this sale can be found here. Insiders have sold 44,274 shares of company stock worth $875,536 in the last quarter. 2.80% of the stock is owned by insiders.

Jamf Profile

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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.