Deutsche Bank AG Purchases 41,618 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Deutsche Bank AG lifted its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 33.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,209 shares of the company’s stock after acquiring an additional 41,618 shares during the quarter. Deutsche Bank AG owned approximately 0.13% of Jamf worth $2,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EP Wealth Advisors LLC bought a new position in Jamf in the fourth quarter valued at about $187,000. Cubist Systematic Strategies LLC bought a new stake in Jamf during the 4th quarter worth approximately $2,013,000. Cetera Investment Advisers acquired a new position in Jamf in the 4th quarter valued at approximately $145,000. Centiva Capital LP raised its stake in shares of Jamf by 4.1% during the fourth quarter. Centiva Capital LP now owns 22,543 shares of the company’s stock valued at $317,000 after acquiring an additional 898 shares during the last quarter. Finally, Bridgefront Capital LLC bought a new position in shares of Jamf during the fourth quarter valued at $173,000. Institutional investors own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

JAMF has been the subject of a number of recent research reports. Canaccord Genuity Group restated a “buy” rating and issued a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Morgan Stanley lowered their price objective on Jamf from $16.00 to $14.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their target price on Jamf from $18.00 to $15.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Mizuho set a $15.00 price target on shares of Jamf in a report on Wednesday, April 16th. Finally, Barclays boosted their price target on shares of Jamf from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $19.80.

Jamf Price Performance

Shares of JAMF opened at $10.50 on Friday. The firm has a market cap of $1.38 billion, a PE ratio of -19.09, a price-to-earnings-growth ratio of 1.02 and a beta of 0.44. Jamf Holding Corp. has a 52-week low of $9.95 and a 52-week high of $19.05. The business’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $13.70. 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, May 6th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.13). The firm had revenue of $167.62 million for the quarter, compared to the consensus estimate of $166.22 million. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 EPS. On average, equities analysts anticipate that Jamf Holding Corp. will post 0.05 EPS for the current year.

Insider Buying and Selling at Jamf

In other news, CAO Anthony Grabenau sold 9,701 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $131,933.60. Following the completion of the sale, the chief accounting officer now owns 57,946 shares in the company, valued at $788,065.60. The trade was a 14.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO John Strosahl sold 56,170 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total value of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares in the company, valued at $20,931,671.34. The trade was a 3.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 248,912 shares of company stock valued at $3,355,739. Corporate insiders own 2.70% of the company’s stock.

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.