US Bancorp DE Purchases 880 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

US Bancorp DE grew its stake in Jamf Holding Corp. (NASDAQ:JAMF) by 27.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,069 shares of the company’s stock after acquiring an additional 880 shares during the period. US Bancorp DE’s holdings in Jamf were worth $79,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd grew its holdings in shares of Jamf by 63.5% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 21,028 shares of the company’s stock valued at $408,000 after acquiring an additional 8,164 shares in the last quarter. New York Life Investment Management LLC bought a new position in shares of Jamf in the 1st quarter valued at about $487,000. Herald Investment Management Ltd bought a new position in shares of Jamf in the 1st quarter valued at about $2,428,000. Jump Financial LLC grew its holdings in shares of Jamf by 17.9% in the 1st quarter. Jump Financial LLC now owns 66,038 shares of the company’s stock valued at $1,282,000 after acquiring an additional 10,018 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Jamf by 236.7% in the 1st quarter. SG Americas Securities LLC now owns 127,628 shares of the company’s stock valued at $2,479,000 after acquiring an additional 89,720 shares in the last quarter. Institutional investors own 95.11% of the company’s stock.

Jamf Trading Up 3.0 %

Shares of JAMF stock opened at $17.36 on Friday. The firm has a 50 day moving average price of $19.14 and a two-hundred day moving average price of $19.10. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $2.18 billion, a PE ratio of -18.87 and a beta of 0.47. Jamf Holding Corp. has a 12-month low of $16.04 and a 12-month high of $25.69.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings data on Tuesday, August 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.04). The company had revenue of $135.09 million for the quarter, compared to analyst estimates of $134.50 million. Jamf had a negative return on equity of 7.26% and a negative net margin of 21.63%. As a group, analysts predict that Jamf Holding Corp. will post -0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Mizuho decreased their price objective on Jamf from $24.00 to $23.00 in a report on Wednesday, August 9th. Needham & Company LLC reiterated a “buy” rating and set a $35.00 price target on shares of Jamf in a report on Wednesday, August 9th. Barclays reduced their price target on Jamf from $25.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, August 9th. Finally, Royal Bank of Canada reduced their price target on Jamf from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday, August 9th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $25.83.

Insiders Place Their Bets

In other Jamf news, CFO Ian Goodkind sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $22.02, for a total transaction of $44,040.00. Following the completion of the sale, the chief financial officer now directly owns 167,871 shares in the company, valued at $3,696,519.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Ian Goodkind sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $22.02, for a total value of $44,040.00. Following the completion of the sale, the chief financial officer now directly owns 167,871 shares in the company, valued at $3,696,519.42. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jason Wudi sold 30,738 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $17.98, for a total value of $552,669.24. Following the completion of the sale, the insider now owns 357,599 shares of the company’s stock, valued at $6,429,630.02. The disclosure for this sale can be found here. Insiders sold 102,190 shares of company stock worth $2,108,710 over the last three months. Insiders own 1.20% of the company’s stock.

Jamf Company Profile

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform in the Americas, Europe, the Middle. 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 Data Policy, a solution to enforce acceptable usage policies that keeps away from risky sites and content; Jamf School, an apple mobile device management for schools; and Jamf Connect, a ZTNA solution that replaces legacy conditional access and VPN technology.