International Assets Investment Management LLC Invests $163,000 in Jamf Holding Corp. (NASDAQ:JAMF)

International Assets Investment Management LLC purchased a new stake in Jamf Holding Corp. (NASDAQ:JAMF) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 9,030 shares of the company’s stock, valued at approximately $163,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Jamf during the fourth quarter worth $460,000. Nordea Investment Management AB raised its stake in Jamf by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 182,194 shares of the company’s stock worth $3,316,000 after buying an additional 49,120 shares during the period. Vanguard Group Inc. grew its stake in Jamf by 1.8% in the third quarter. Vanguard Group Inc. now owns 7,188,675 shares of the company’s stock valued at $126,952,000 after acquiring an additional 130,500 shares during the period. Wellington Management Group LLP increased its holdings in shares of Jamf by 0.4% in the third quarter. Wellington Management Group LLP now owns 7,409,193 shares of the company’s stock worth $130,846,000 after acquiring an additional 30,910 shares in the last quarter. Finally, Keenan Capital LLC raised its position in shares of Jamf by 6.0% during the third quarter. Keenan Capital LLC now owns 2,730,496 shares of the company’s stock worth $48,221,000 after purchasing an additional 153,849 shares during the period. Institutional investors own 93.81% of the company’s stock.

Insider Transactions at Jamf

In related news, insider Jeff Lendino sold 3,936 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $17.90, for a total value of $70,454.40. Following the completion of the transaction, the insider now directly owns 254,926 shares of the company’s stock, valued at $4,563,175.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO John Strosahl sold 33,961 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $17.89, for a total value of $607,562.29. Following the completion of the sale, the chief executive officer now directly owns 1,101,639 shares in the company, valued at approximately $19,708,321.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeff Lendino sold 3,936 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $17.90, for a total value of $70,454.40. Following the transaction, the insider now directly owns 254,926 shares in the company, valued at approximately $4,563,175.40. The disclosure for this sale can be found here. Insiders have sold a total of 185,684 shares of company stock worth $3,316,889 in the last 90 days. Corporate insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JAMF. Barclays boosted their price objective on Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Thursday, March 14th. Mizuho lowered their price objective on shares of Jamf from $22.00 to $21.00 and set a “buy” rating for the company in a research report on Wednesday, February 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research report on Thursday, March 14th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $21.00 target price on shares of Jamf in a report on Thursday, March 14th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $23.67.

Jamf Stock Performance

Shares of JAMF opened at $19.55 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a 12 month low of $14.83 and a 12 month high of $22.89. The firm has a fifty day simple moving average of $18.42 and a 200 day simple moving average of $17.95. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of -21.97 and a beta of 0.51.

Jamf (NASDAQ:JAMF) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.05. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. The company had revenue of $150.65 million during the quarter, compared to analysts’ expectations of $148.34 million. Research analysts forecast that Jamf Holding Corp. will post -0.03 EPS for the current fiscal year.

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.