John Strosahl Sells 35,276 Shares of Jamf Holding Corp. (BATS:JAMF) Stock

Jamf Holding Corp. (BATS:JAMF) COO John Strosahl sold 35,276 shares of the business’s stock in a transaction dated Thursday, September 9th. The shares were sold at an average price of $37.07, for a total transaction of $1,307,681.32. Following the transaction, the chief operating officer now directly owns 166,000 shares of the company’s stock, valued at $6,153,620. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

BATS JAMF opened at $35.71 on Wednesday. The stock has a 50 day simple moving average of $33.38 and a 200 day simple moving average of $34.24.

Jamf (BATS:JAMF) last released its earnings results on Monday, August 9th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $86.20 million during the quarter, compared to the consensus estimate of $83.05 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The firm’s revenue for the quarter was up 38.4% compared to the same quarter last year.

Several hedge funds have recently added to or reduced their stakes in the company. Citigroup Inc. raised its holdings in shares of Jamf by 9.2% during the second quarter. Citigroup Inc. now owns 4,419 shares of the company’s stock valued at $148,000 after acquiring an additional 371 shares during the period. Institutional & Family Asset Management LLC raised its holdings in shares of Jamf by 125.0% during the first quarter. Institutional & Family Asset Management LLC now owns 900 shares of the company’s stock valued at $32,000 after acquiring an additional 500 shares during the period. Psagot Investment House Ltd. raised its holdings in shares of Jamf by 5.9% during the second quarter. Psagot Investment House Ltd. now owns 13,444 shares of the company’s stock valued at $451,000 after acquiring an additional 750 shares during the period. Standard Family Office LLC acquired a new stake in shares of Jamf during the first quarter valued at approximately $27,000. Finally, Synovus Financial Corp raised its holdings in shares of Jamf by 8.2% during the first quarter. Synovus Financial Corp now owns 10,373 shares of the company’s stock valued at $364,000 after acquiring an additional 787 shares during the period.

A number of analysts have commented on JAMF shares. Craig Hallum started coverage on shares of Jamf in a research report on Monday, May 24th. They set a “buy” rating and a $43.00 price target on the stock. William Blair restated a “buy” rating on shares of Jamf in a research report on Wednesday, August 11th. The Goldman Sachs Group restated a “neutral” rating and set a $32.00 price target (down from $52.00) on shares of Jamf in a research report on Tuesday, May 18th. Finally, Zacks Investment Research downgraded shares of Jamf from a “hold” rating to a “sell” rating in a report on Wednesday, August 18th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $40.00.

About Jamf

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. Its products include Jamf Connect that streamlines Mac authentication and identity management; Jamf Pro, an enterprise mobility management tool that empowers IT pros and the users they support by delivering unified endpoint management for Apple devices; Jamf Now, a cloud-based MDM solution for the iPad, iPhone and Mac devices in workplace; Jamf School, a mobile device management for schools; and Jamf Protect, an endpoint security purpose built for Mac.

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Insider Buying and Selling by Quarter for Jamf (BATS:JAMF)

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