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.
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.
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.
Further Reading: Is the QQQ ETF safe?
Receive News & Ratings for Jamf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamf and related companies with MarketBeat.com's FREE daily email newsletter.