Jamf (JAMF) to Release Earnings on Thursday

Jamf (NASDAQ:JAMF) is projected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect Jamf to post earnings of $0.16 per share and revenue of $162.47 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Jamf Trading Down 1.5 %

Shares of Jamf stock opened at $15.41 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 firm has a market cap of $1.97 billion, a price-to-earnings ratio of -28.02, a price-to-earnings-growth ratio of 1.05 and a beta of 0.38. The business has a fifty day simple moving average of $14.84 and a 200-day simple moving average of $16.09. Jamf has a fifty-two week low of $13.40 and a fifty-two week high of $21.41.

Analysts Set New Price Targets

JAMF has been the subject of several analyst reports. Royal Bank of Canada reduced their target price on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a report on Tuesday, January 21st. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of Jamf in a report on Tuesday, January 21st. JPMorgan Chase & Co. assumed coverage on shares of Jamf in a research report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 target price on the stock. Piper Sandler reduced their price target on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, Barclays lowered their price objective on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.80.

Insider Transactions at Jamf

In related news, CAO Anthony Grabenau sold 3,706 shares of Jamf stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $14.13, for a total transaction of $52,365.78. Following the completion of the sale, the chief accounting officer now owns 33,479 shares of the company’s stock, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is currently owned by insiders.

About Jamf

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.