Beth Tschida Sells 7,526 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF) insider Beth Tschida sold 7,526 shares of Jamf stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $18.27, for a total value of $137,500.02. Following the transaction, the insider now owns 340,422 shares of the company’s stock, valued at approximately $6,219,509.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jamf Trading Up 0.6 %

JAMF stock opened at $19.27 on Wednesday. Jamf Holding Corp. 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. The company’s 50-day simple moving average is $18.49 and its 200 day simple moving average is $17.91. The company has a market capitalization of $2.45 billion, a PE ratio of -21.65 and a beta of 0.51.

Jamf (NASDAQ:JAMF) last announced its earnings results on Tuesday, February 27th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. Jamf had a negative net margin of 19.64% and a negative return on equity of 6.12%. The firm had revenue of $150.65 million for the quarter, compared to analyst estimates of $148.34 million. As a group, sell-side analysts anticipate that Jamf Holding Corp. will post -0.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Mizuho reduced their target price on Jamf from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, February 28th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a report on Thursday, March 14th. Barclays raised their target price on shares of Jamf from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 14th. Finally, 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. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and an average price target of $23.67.

Hedge Funds Weigh In On Jamf

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB increased its position in shares of Jamf by 29.1% in the third quarter. Handelsbanken Fonder AB now owns 18,206 shares of the company’s stock worth $322,000 after purchasing an additional 4,106 shares during the period. Peregrine Capital Management LLC increased its holdings in Jamf by 15.9% in the 3rd quarter. Peregrine Capital Management LLC now owns 600,151 shares of the company’s stock valued at $10,599,000 after buying an additional 82,503 shares during the period. Raymond James & Associates raised its position in shares of Jamf by 2.8% in the 3rd quarter. Raymond James & Associates now owns 38,800 shares of the company’s stock valued at $685,000 after buying an additional 1,074 shares in the last quarter. Swiss National Bank lifted its holdings in shares of Jamf by 1.0% during the 3rd quarter. Swiss National Bank now owns 109,000 shares of the company’s stock worth $1,925,000 after acquiring an additional 1,100 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Jamf by 12.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 444,538 shares of the company’s stock worth $7,851,000 after acquiring an additional 49,252 shares in the last quarter. 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.