Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of Jamf Holding Corp. (NASDAQ:JAMFFree Report) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 450,836 shares of the company’s stock after buying an additional 6,298 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.36% of Jamf worth $8,142,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JAMF. Swiss National Bank grew its holdings in shares of Jamf by 1.0% during the third quarter. Swiss National Bank now owns 109,000 shares of the company’s stock worth $1,925,000 after buying an additional 1,100 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Jamf during the third quarter worth about $362,000. Blair William & Co. IL grew its holdings in shares of Jamf by 5.6% during the third quarter. Blair William & Co. IL now owns 272,283 shares of the company’s stock worth $4,809,000 after buying an additional 14,332 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Jamf by 3.2% during the third quarter. Deutsche Bank AG now owns 112,389 shares of the company’s stock worth $1,985,000 after buying an additional 3,505 shares during the last quarter. Finally, Nordea Investment Management AB purchased a new position in shares of Jamf during the third quarter worth about $2,378,000. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Price Performance

Shares of NASDAQ:JAMF opened at $15.92 on Friday. The business’s 50 day simple moving average is $18.34 and its 200-day simple moving average is $18.34. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -18.73, a price-to-earnings-growth ratio of 28.16 and a beta of 0.47. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.96 and a quick ratio of 0.96. Jamf Holding Corp. has a 12 month low of $14.83 and a 12 month high of $22.89.

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

Insider Buying and Selling

In related news, CEO John Strosahl sold 33,961 shares of Jamf stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $17.89, for a total transaction of $607,562.29. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Beth Tschida sold 7,526 shares of Jamf stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $18.27, for a total transaction of $137,500.02. Following the completion of the transaction, the insider now directly owns 340,422 shares in the company, valued at approximately $6,219,509.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Strosahl sold 33,961 shares of Jamf stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $17.89, for a total value of $607,562.29. Following the transaction, the chief executive officer now owns 1,101,639 shares of the company’s stock, valued at $19,708,321.71. The disclosure for this sale can be found here. Insiders sold 243,476 shares of company stock worth $4,460,033 in the last ninety days. Insiders own 2.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Canaccord Genuity Group lifted their price objective on Jamf from $22.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, May 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Jamf in a report on Monday, May 20th. Royal Bank of Canada lifted their price objective on Jamf from $21.00 to $23.00 and gave the company an “outperform” rating in a report on Thursday, May 9th. Mizuho lifted their price objective on Jamf from $21.00 to $22.00 and gave the company a “buy” rating in a report on Thursday, May 9th. Finally, Barclays lifted their price objective on Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, March 14th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.14.

View Our Latest Stock Report on JAMF

About Jamf

(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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Institutional Ownership by Quarter for Jamf (NASDAQ:JAMF)

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