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

Shares of Jamf Holding Corp. (NASDAQ:JAMF) have been given an average recommendation of “N/A” by the zero brokerages that are covering the stock, Marketbeat Ratings reports.

Several equities research analysts have recently weighed in on JAMF shares. Royal Bank of Canada increased their target price on shares of Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Thursday, May 9th. Mizuho increased their target price on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Needham & Company LLC reiterated a “buy” rating and set a $25.00 target price on shares of Jamf in a research note on Tuesday, June 4th. Finally, Canaccord Genuity Group reduced their price objective on shares of Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a research report on Thursday, August 8th.

Insider Activity at Jamf

In other Jamf news, insider Beth Tschida sold 1,696 shares of the stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $18.76, for a total value of $31,816.96. Following the completion of the transaction, the insider now directly owns 333,631 shares of the company’s stock, valued at $6,258,917.56. The sale was disclosed in a filing with the SEC, which is available at this link. In other Jamf news, insider Beth Tschida sold 1,696 shares of the stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $18.76, for a total value of $31,816.96. Following the completion of the transaction, the insider now directly owns 333,631 shares of the company’s stock, valued at $6,258,917.56. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Etalvina Leite sold 4,153 shares of the stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $16.06, for a total transaction of $66,697.18. Following the completion of the transaction, the director now directly owns 14,680 shares of the company’s stock, valued at $235,760.80. The disclosure for this sale can be found here. Insiders sold a total of 72,607 shares of company stock worth $1,128,725 over the last 90 days. Company insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Jamf

Several hedge funds have recently bought and sold shares of JAMF. International Assets Investment Management LLC purchased a new stake in Jamf during the 4th quarter worth about $163,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Jamf by 73.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,422 shares of the company’s stock worth $224,000 after buying an additional 5,264 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Jamf by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 450,836 shares of the company’s stock valued at $8,142,000 after buying an additional 6,298 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Jamf by 19.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,636,386 shares of the company’s stock valued at $29,554,000 after buying an additional 265,040 shares during the period. Finally, Norges Bank purchased a new position in shares of Jamf during the fourth quarter valued at approximately $13,169,000. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Stock Performance

NASDAQ JAMF opened at $18.27 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.96 and a quick ratio of 0.96. Jamf has a 1 year low of $14.68 and a 1 year high of $21.41. The company has a market capitalization of $2.35 billion, a PE ratio of -21.49, a P/E/G ratio of 31.47 and a beta of 0.41. The company has a fifty day moving average of $17.08 and a two-hundred day moving average of $17.87.

Jamf (NASDAQ:JAMF) last announced its earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Jamf had a negative net margin of 18.33% and a negative return on equity of 4.86%. The business had revenue of $153.02 million during the quarter, compared to the consensus estimate of $151.66 million. During the same quarter in the prior year, the firm earned ($0.19) earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, analysts expect that Jamf will post 0.01 earnings per share 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.