Jamf Holding Corp. (NASDAQ:JAMF) Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB reduced its stake in Jamf Holding Corp. (NASDAQ:JAMF) by 31.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,506 shares of the company’s stock after selling 5,700 shares during the quarter. Handelsbanken Fonder AB’s holdings in Jamf were worth $226,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in shares of Jamf in the fourth quarter worth $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Jamf by 73.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,422 shares of the company’s stock valued at $224,000 after buying an additional 5,264 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Jamf in the 3rd quarter valued at $362,000. SG Americas Securities LLC purchased a new position in Jamf in the 4th quarter worth $460,000. Finally, Raymond James & Associates lifted its position in Jamf by 2.8% during the 3rd quarter. Raymond James & Associates now owns 38,800 shares of the company’s stock worth $685,000 after acquiring an additional 1,074 shares during the period. 93.81% of the stock is currently owned by institutional investors and hedge funds.

Jamf Stock Performance

NASDAQ JAMF opened at $20.22 on Friday. 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 Holding Corp. has a 1-year low of $14.83 and a 1-year high of $22.89. The company has a market cap of $2.59 billion, a PE ratio of -22.57 and a beta of 0.47. The stock’s 50 day simple moving average is $18.37 and its 200-day simple moving average is $18.02.

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 analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $148.34 million. As a group, equities research analysts anticipate that Jamf Holding Corp. will post -0.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Insider Transactions at Jamf

In other Jamf news, insider Beth Tschida sold 7,526 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $18.27, for a total value of $137,500.02. Following the completion of the sale, the insider now owns 340,422 shares in the company, valued at approximately $6,219,509.94. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Jeff Lendino sold 3,936 shares of Jamf stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $17.90, for a total transaction of $70,454.40. Following the transaction, the insider now owns 254,926 shares in the company, valued at $4,563,175.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Beth Tschida sold 7,526 shares of the company’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $18.27, for a total value of $137,500.02. Following the completion of the sale, the insider now owns 340,422 shares of the company’s stock, valued at $6,219,509.94. The disclosure for this sale can be found here. Over the last three months, insiders have sold 185,684 shares of company stock valued at $3,316,889. Corporate insiders own 2.30% of the company’s stock.

Jamf Profile

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.