Jamf Holding Corp. (BATS:JAMF) Given Average Recommendation of “Moderate Buy” by Brokerages

Jamf Holding Corp. (BATS:JAMFGet Rating) has earned a consensus rating of “Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have issued a report on the stock in the last year is $32.30.

A number of equities analysts have recently commented on the company. Piper Sandler dropped their target price on Jamf from $40.00 to $34.00 and set an “overweight” rating for the company in a report on Thursday, November 10th. Canaccord Genuity Group decreased their price target on Jamf from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, November 10th. Barclays raised Jamf from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $26.00 to $28.00 in a research note on Tuesday, October 18th. Craig Hallum decreased their price target on Jamf from $29.00 to $21.00 in a research note on Thursday, November 10th. Finally, Royal Bank of Canada decreased their price target on Jamf from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, November 10th.

Insider Buying and Selling at Jamf

In other Jamf news, insider Jason Wudi sold 89,186 shares of Jamf stock in a transaction on Friday, November 18th. The stock was sold at an average price of $20.39, for a total transaction of $1,818,502.54. Following the completion of the sale, the insider now directly owns 313,225 shares of the company’s stock, valued at approximately $6,386,657.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On Jamf

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James & Associates raised its holdings in shares of Jamf by 1.5% during the 1st quarter. Raymond James & Associates now owns 30,709 shares of the company’s stock worth $1,069,000 after acquiring an additional 444 shares during the period. US Bancorp DE lifted its stake in Jamf by 51.4% in the first quarter. US Bancorp DE now owns 1,976 shares of the company’s stock valued at $68,000 after buying an additional 671 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Jamf by 7.2% in the third quarter. Envestnet Asset Management Inc. now owns 11,874 shares of the company’s stock valued at $263,000 after buying an additional 794 shares during the last quarter. Handelsbanken Fonder AB increased its holdings in shares of Jamf by 9.8% in the first quarter. Handelsbanken Fonder AB now owns 9,000 shares of the company’s stock valued at $313,000 after purchasing an additional 800 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Jamf by 7.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 11,842 shares of the company’s stock valued at $293,000 after purchasing an additional 870 shares during the period.

Jamf Price Performance

Shares of Jamf stock opened at $20.62 on Friday. The business has a 50 day moving average of $22.31 and a 200 day moving average of $24.14.

Jamf Company Profile

(Get Rating)

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology.

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Analyst Recommendations for Jamf (BATS:JAMF)

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