Jamf Holding Corp. (NASDAQ:JAMF) Given Average Rating of “N/A” by Brokerages

Jamf Holding Corp. (NASDAQ:JAMF) has been assigned an average rating of “N/A” from the zero brokerages that are presently covering the firm, Marketbeat reports.

A number of research firms have issued reports on JAMF. Mizuho cut their price target on Jamf from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, February 28th. Royal Bank of Canada reiterated an “outperform” rating and issued a $21.00 price target on shares of Jamf in a research note on Thursday, March 14th. Needham & Company LLC reissued a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Thursday, March 14th. Finally, Barclays increased their price target on Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a research note on Thursday, March 14th.

Jamf Price Performance

JAMF stock opened at $21.00 on Wednesday. The firm has a 50 day moving average price of $18.40 and a 200-day moving average price of $18.12. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of -23.60 and a beta of 0.47. Jamf has a 52-week low of $14.83 and a 52-week high of $22.89. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

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

Insider Buying and Selling at Jamf

In related news, Director Dean Hager sold 73,730 shares of Jamf stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $17.76, for a total transaction of $1,309,444.80. Following the completion of the sale, the director now owns 385,665 shares in the company, valued at approximately $6,849,410.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Dean Hager sold 73,730 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $17.76, for a total value of $1,309,444.80. Following the completion of the sale, the director now directly owns 385,665 shares of the company’s stock, valued at $6,849,410.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Beth Tschida sold 7,526 shares of Jamf stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $18.27, for a total transaction of $137,500.02. Following the transaction, the insider now directly owns 340,422 shares in the company, valued at $6,219,509.94. The disclosure for this sale can be found here. Insiders sold 239,323 shares of company stock worth $4,393,336 over the last 90 days. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Jamf

A number of large investors have recently made changes to their positions in the business. Assetmark Inc. grew its holdings in shares of Jamf by 20.6% during the fourth quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock valued at $59,000 after buying an additional 559 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Jamf in the fourth quarter worth about $163,000. Dynamic Technology Lab Private Ltd purchased a new position in Jamf during the fourth quarter worth approximately $184,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in 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 purchasing an additional 5,264 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Jamf in the 3rd quarter worth about $362,000. 93.81% of the stock is owned by institutional investors and hedge funds.

Jamf Company 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.