Jamf Holding Corp. (NASDAQ:JAMF) Receives Consensus Recommendation of “N/A” from Brokerages

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have earned an average rating of “N/A” from the zero research firms that are currently covering the firm, Marketbeat Ratings reports.

A number of research analysts have issued reports on JAMF shares. Needham & Company LLC restated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research note on Friday, October 4th. The Goldman Sachs Group assumed coverage on shares of Jamf in a research report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price target for the company. JMP Securities reaffirmed a “market outperform” rating and issued a $30.00 price objective on shares of Jamf in a research report on Tuesday, October 1st. Finally, Morgan Stanley assumed coverage on shares of Jamf in a research report on Monday, October 14th. They set an “equal weight” rating and a $20.00 target price for the company.

Jamf Price Performance

Shares of NASDAQ JAMF opened at $14.64 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.87 billion, a PE ratio of -26.62, a PEG ratio of 6.47 and a beta of 0.37. The stock’s 50 day moving average price is $15.57 and its 200-day moving average price is $16.68. Jamf has a twelve month low of $14.02 and a twelve month high of $21.41.

Insider Transactions at Jamf

In other news, insider Linh Lam sold 7,702 shares of Jamf stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the transaction, the insider now directly owns 187,438 shares in the company, valued at approximately $3,103,973.28. The trade was a 3.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Jamf

Institutional investors have recently added to or reduced their stakes in the stock. Dakota Wealth Management bought a new stake in shares of Jamf during the second quarter valued at about $204,000. Fifth Third Bancorp purchased a new position in Jamf during the second quarter valued at approximately $45,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in Jamf by 37.5% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,467 shares of the company’s stock worth $198,000 after acquiring an additional 3,401 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Jamf by 14.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,177 shares of the company’s stock worth $234,000 after purchasing an additional 1,755 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Jamf by 9.8% in the 2nd quarter. Principal Financial Group Inc. now owns 1,087,669 shares of the company’s stock valued at $17,947,000 after purchasing an additional 97,120 shares during the period. Hedge funds and other institutional investors own 93.81% 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.