Jamf Holding Corp. (NASDAQ:JAMF) Given Consensus Recommendation of “N/A” by Analysts

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have been given a consensus rating of “N/A” by the zero brokerages that are covering the firm, Marketbeat.com reports.

Several research firms recently weighed in on JAMF. JPMorgan Chase & Co. decreased their target price on Jamf from $18.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Barclays boosted their price target on Jamf from $13.00 to $15.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 7th. Canaccord Genuity Group reiterated a “buy” rating and issued a $21.00 target price on shares of Jamf in a research note on Wednesday, February 26th. William Blair reaffirmed an “outperform” rating on shares of Jamf in a report on Friday, February 28th. Finally, Morgan Stanley dropped their price objective on shares of Jamf from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th.

Insider Buying and Selling at Jamf

In related news, insider Elizabeth Benz sold 11,526 shares of the company’s stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $10.70, for a total value of $123,328.20. Following the completion of the transaction, the insider now directly owns 347,249 shares in the company, valued at approximately $3,715,564.30. This represents a 3.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Anthony Grabenau sold 9,701 shares of the stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $131,933.60. Following the transaction, the chief accounting officer now owns 57,946 shares in the company, valued at $788,065.60. This trade represents a 14.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 320,869 shares of company stock valued at $4,111,100. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers acquired a new position in shares of Jamf in the 4th quarter valued at about $145,000. BNP Paribas Financial Markets purchased a new position in Jamf in the fourth quarter valued at approximately $931,000. Renaissance Technologies LLC raised its holdings in Jamf by 53.5% in the fourth quarter. Renaissance Technologies LLC now owns 143,400 shares of the company’s stock valued at $2,015,000 after buying an additional 50,000 shares during the period. Ameriprise Financial Inc. acquired a new position in Jamf during the fourth quarter valued at approximately $158,000. Finally, Asset Management One Co. Ltd. purchased a new stake in Jamf during the fourth quarter worth approximately $231,000. 93.81% of the stock is currently owned by hedge funds and other institutional investors.

Jamf Stock Performance

Jamf stock opened at $10.34 on Thursday. The firm has a 50 day simple moving average of $10.98 and a 200-day simple moving average of $13.22. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of -18.80, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf has a 1-year low of $9.95 and a 1-year high of $19.05.

Jamf (NASDAQ:JAMF) last announced its earnings results on Tuesday, May 6th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.13). The company had revenue of $167.62 million during the quarter, compared to the consensus estimate of $166.22 million. Jamf’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS. On average, analysts expect that Jamf will post 0.05 EPS for the current year.

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.