Etalvina Leite Sells 4,153 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMFGet Free Report) Director Etalvina Leite sold 4,153 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $16.06, for a total value of $66,697.18. Following the completion of the transaction, the director now owns 14,680 shares in the company, valued at $235,760.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Jamf Price Performance

JAMF stock opened at $15.81 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.96 and a current ratio of 0.96. Jamf Holding Corp. has a 52-week low of $14.83 and a 52-week high of $22.89. The stock’s 50 day moving average is $18.38 and its two-hundred day moving average is $18.34.

Jamf (NASDAQ:JAMFGet Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.04. Jamf had a negative return on equity of 4.86% and a negative net margin of 18.33%. The business had revenue of $152.12 million during the quarter, compared to the consensus estimate of $149.21 million. During the same period in the previous year, the business earned ($0.08) EPS. The business’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts predict that Jamf Holding Corp. will post 0.01 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Teachers Retirement System of The State of Kentucky bought a new position in Jamf during the 1st quarter worth $1,203,000. Washington Harbour Partners LP acquired a new position in Jamf during the 1st quarter worth $2,628,000. Price T Rowe Associates Inc. MD boosted its position in Jamf by 9.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 31,106 shares of the company’s stock worth $571,000 after acquiring an additional 2,578 shares during the period. Advisors Asset Management Inc. boosted its position in Jamf by 33.4% during the 1st quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock worth $76,000 after acquiring an additional 1,043 shares during the period. Finally, EntryPoint Capital LLC boosted its position in Jamf by 40.0% during the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock worth $61,000 after acquiring an additional 949 shares during the period. 93.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on JAMF. Royal Bank of Canada boosted their price target on Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Thursday, May 9th. Canaccord Genuity Group boosted their price target on Jamf from $22.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Barclays boosted their price target on Jamf from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 14th. Needham & Company LLC reissued a “buy” rating and set a $25.00 price target on shares of Jamf in a research report on Monday, May 20th. Finally, Mizuho boosted their price target on Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.14.

View Our Latest Research Report on Jamf

Jamf Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Jamf (NASDAQ:JAMF)

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