Jamf Holding Corp. (NASDAQ:JAMF - Get Free Report) insider Linh Lam sold 7,702 shares of Jamf stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the sale, the insider now owns 187,438 shares in the company, valued at approximately $3,103,973.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Linh Lam also recently made the following trade(s):
- On Tuesday, August 20th, Linh Lam sold 5,445 shares of Jamf stock. The stock was sold at an average price of $18.36, for a total value of $99,970.20.
Jamf Stock Up 1.3 %
Shares of NASDAQ:JAMF opened at $16.74 on Tuesday. Jamf Holding Corp. has a 12-month low of $14.68 and a 12-month high of $21.41. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of -19.69, a PEG ratio of 7.40 and a beta of 0.41. The stock has a fifty day simple moving average of $17.60 and a two-hundred day simple moving average of $17.53. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.53.
Jamf (NASDAQ:JAMF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Jamf had a negative return on equity of 1.97% and a negative net margin of 14.95%. The firm had revenue of $153.02 million during the quarter, compared to analyst estimates of $151.66 million. During the same quarter in the previous year, the firm earned ($0.19) EPS. Jamf's quarterly revenue was up 13.3% compared to the same quarter last year. On average, research analysts anticipate that Jamf Holding Corp. will post 0.04 earnings per share for the current fiscal year.
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Several equities research analysts have recently commented on JAMF shares. The Goldman Sachs Group initiated coverage on shares of Jamf in a research report on Tuesday, September 3rd. They issued a "neutral" rating and a $21.00 target price for the company. Morgan Stanley began coverage on shares of Jamf in a report on Monday, October 14th. They issued an "equal weight" rating and a $20.00 price objective for the company. Needham & Company LLC reiterated a "buy" rating and set a $25.00 target price on shares of Jamf in a report on Friday, October 4th. Canaccord Genuity Group lowered their target price on Jamf from $24.00 to $21.00 and set a "buy" rating for the company in a research note on Thursday, August 8th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $30.00 price target on shares of Jamf in a research note on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Jamf presently has an average rating of "Moderate Buy" and an average target price of $23.00.
Get Our Latest Analysis on Jamf
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in JAMF. Vanguard Group Inc. raised its holdings in Jamf by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 7,277,732 shares of the company's stock worth $131,436,000 after acquiring an additional 89,057 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Jamf by 24.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 45,261 shares of the company's stock valued at $817,000 after purchasing an additional 9,030 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Jamf by 8.5% during the first quarter. ProShare Advisors LLC now owns 12,710 shares of the company's stock valued at $233,000 after buying an additional 1,000 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in Jamf by 73.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 34,663 shares of the company's stock worth $673,000 after buying an additional 14,712 shares in the last quarter. Finally, Blair William & Co. IL raised its position in Jamf by 4.5% in the 1st quarter. Blair William & Co. IL now owns 251,051 shares of the company's stock worth $4,607,000 after buying an additional 10,825 shares during the last quarter. Institutional investors own 93.81% of the company's stock.
About Jamf
(
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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