Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Linh Lam sold 2,200 shares of the company's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $20.03, for a total value of $44,066.00. Following the transaction, the insider now directly owns 200,585 shares in the company, valued at $4,017,717.55. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Jamf Price Performance
Jamf stock opened at $21.00 on Wednesday. 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 stock has a market cap of $2.69 billion, a P/E ratio of -23.60 and a beta of 0.47. The company's 50 day moving average price is $18.40 and its two-hundred day moving average price is $18.12. Jamf Holding Corp. has a 52 week low of $14.83 and a 52 week high of $22.89.
Jamf (NASDAQ:JAMF - Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.05. The business had revenue of $150.65 million for the quarter, compared to analysts' expectations of $148.34 million. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. On average, equities analysts predict that Jamf Holding Corp. will post -0.03 earnings per share for the current year.
Institutional Inflows and Outflows
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A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP raised its holdings in shares of Jamf by 6.2% in the 4th quarter. Wellington Management Group LLP now owns 7,871,450 shares of the company's stock worth $142,158,000 after purchasing an additional 462,257 shares during the period. Vanguard Group Inc. raised its stake in shares of Jamf by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 7,277,732 shares of the company's stock valued at $131,436,000 after buying an additional 89,057 shares during the period. Keenan Capital LLC lifted its position in shares of Jamf by 6.0% during the 3rd quarter. Keenan Capital LLC now owns 2,730,496 shares of the company's stock valued at $48,221,000 after buying an additional 153,849 shares during the last quarter. Clearbridge Investments LLC grew its stake in shares of Jamf by 6.0% during the 3rd quarter. Clearbridge Investments LLC now owns 2,058,012 shares of the company's stock worth $36,344,000 after acquiring an additional 115,808 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in Jamf by 19.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,636,386 shares of the company's stock worth $29,554,000 after acquiring an additional 265,040 shares during the last quarter. 93.81% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on JAMF. Barclays upped their target price on Jamf from $18.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 14th. Needham & Company LLC restated a "buy" rating and set a $25.00 price objective on shares of Jamf in a report on Thursday, March 14th. Royal Bank of Canada reiterated an "outperform" rating and set a $21.00 price objective on shares of Jamf in a report on Thursday, March 14th. Finally, Mizuho lowered their target price on shares of Jamf from $22.00 to $21.00 and set a "buy" rating on the stock in a report on Wednesday, February 28th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $23.67.
Check Out Our Latest Stock Analysis on JAMF
Jamf Company Profile
(
Get Free Report)
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.
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