Sei Investments Co. Acquires 2,104 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Sei Investments Co. grew its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,654 shares of the company’s stock after purchasing an additional 2,104 shares during the quarter. Sei Investments Co.’s holdings in Jamf were worth $1,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Quarry LP lifted its position in shares of Jamf by 130.9% in the third quarter. Quarry LP now owns 2,478 shares of the company’s stock worth $43,000 after buying an additional 1,405 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Jamf by 238.0% in the 4th quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock valued at $50,000 after acquiring an additional 2,523 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock worth $57,000 after purchasing an additional 795 shares during the last quarter. Versor Investments LP acquired a new stake in Jamf in the 4th quarter worth approximately $142,000. Finally, Mindset Wealth Management LLC bought a new stake in Jamf during the fourth quarter worth approximately $145,000. 93.81% of the stock is currently owned by institutional investors.

Insider Activity at Jamf

In other Jamf news, CEO John Strosahl sold 56,170 shares of Jamf stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.59, for a total transaction of $763,350.30. Following the sale, the chief executive officer now directly owns 1,540,226 shares of the company’s stock, valued at approximately $20,931,671.34. The trade was a 3.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dean Hager sold 36,864 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $492,871.68. Following the completion of the transaction, the director now directly owns 302,775 shares of the company’s stock, valued at approximately $4,048,101.75. The trade was a 10.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 252,618 shares of company stock worth $3,408,105. 2.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

JAMF has been the topic of a number of recent analyst reports. William Blair reissued an “outperform” rating on shares of Jamf in a research report on Friday, February 28th. Royal Bank of Canada cut their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research report on Tuesday, January 21st. Morgan Stanley began coverage on Jamf in a research report on Tuesday, March 18th. They issued an “equal weight” rating and a $16.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective on shares of Jamf in a research report on Tuesday, March 4th. Finally, Barclays decreased their target price on Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.30.

Jamf Trading Down 6.9 %

Jamf stock opened at $10.80 on Monday. Jamf Holding Corp. has a 12 month low of $10.67 and a 12 month high of $21.41. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of -19.64, a price-to-earnings-growth ratio of 1.02 and a beta of 0.43. The business has a 50 day moving average price of $14.18 and a two-hundred day moving average price of $15.12. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

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.