Alpha DNA Investment Management LLC Has $449,000 Stock Position in Jamf Holding Corp. (NASDAQ:JAMF)

Alpha DNA Investment Management LLC lowered its stake in Jamf Holding Corp. (NASDAQ:JAMF) by 5.0% during the third quarter, Holdings Channel reports. The firm owned 25,859 shares of the company’s stock after selling 1,350 shares during the period. Alpha DNA Investment Management LLC’s holdings in Jamf were worth $449,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Jamf by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 7,407,221 shares of the company’s stock valued at $135,923,000 after purchasing an additional 129,489 shares in the last quarter. 272 Capital LP boosted its position in Jamf by 41.4% in the second quarter. 272 Capital LP now owns 151,932 shares of the company’s stock valued at $2,507,000 after buying an additional 44,486 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Jamf during the first quarter worth $1,203,000. Principal Financial Group Inc. increased its holdings in shares of Jamf by 28.2% during the third quarter. Principal Financial Group Inc. now owns 1,394,227 shares of the company’s stock worth $24,190,000 after buying an additional 306,558 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in shares of Jamf by 2,977.5% in the 2nd quarter. Marshall Wace LLP now owns 1,015,770 shares of the company’s stock valued at $16,760,000 after acquiring an additional 982,764 shares during the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Insider Buying and Selling

In other news, insider Linh Lam sold 7,702 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the sale, the insider now owns 187,438 shares of the company’s stock, valued at $3,103,973.28. The trade was a 3.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.30% of the stock is currently owned by insiders.

Jamf Price Performance

Shares of JAMF opened at $14.47 on Monday. The stock has a 50 day moving average of $16.64 and a 200 day moving average of $17.01. Jamf Holding Corp. has a 12 month low of $14.02 and a 12 month high of $21.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. JMP Securities reissued a “market outperform” rating and set a $30.00 price target on shares of Jamf in a research note on Tuesday, October 1st. Needham & Company LLC reiterated a “buy” rating and set a $25.00 target price on shares of Jamf in a research report on Friday, October 4th. Morgan Stanley initiated coverage on shares of Jamf in a research report on Monday, October 14th. They issued an “equal weight” rating and a $20.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Jamf in a report on Tuesday, September 3rd. They set a “neutral” rating and a $21.00 price target on the stock. Finally, Canaccord Genuity Group decreased their price objective on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $22.75.

Jamf 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.