Jamf Holding Corp. (NASDAQ:JAMF) CFO Ian Goodkind Sells 11,048 Shares

Jamf Holding Corp. (NASDAQ:JAMF – Get Rating) CFO Ian Goodkind sold 11,048 shares of Jamf stock in a transaction on Wednesday, March 15th. The stock was sold at an average price of $19.73, for a total transaction of $217,977.04. Following the completion of the transaction, the chief financial officer now owns 179,483 shares in the company, valued at approximately $3,541,199.59. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Jamf Trading Down 0.9 %

Shares of JAMF traded down $0.18 during trading hours on Friday, reaching $19.79. 426,617 shares of the company traded hands, compared to its average volume of 439,470. The company’s fifty day moving average price is $20.31 and its two-hundred day moving average price is $21.45. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of -16.91 and a beta of 0.44. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.52. Jamf Holding Corp. has a 12 month low of $17.16 and a 12 month high of $36.18.

Jamf (NASDAQ:JAMF – Get Rating) last announced its earnings results on Tuesday, February 28th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. The firm had revenue of $130.32 million for the quarter, compared to analyst estimates of $128.80 million. Jamf had a negative net margin of 29.51% and a negative return on equity of 9.27%. Equities research analysts predict that Jamf Holding Corp. will post -0.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Jamf

Large investors have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC boosted its stake in Jamf by 67.7% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 4,025 shares of the company’s stock worth $86,000 after acquiring an additional 1,625 shares in the last quarter. Point72 Middle East FZE bought a new stake in Jamf during the fourth quarter worth about $92,000. Bessemer Group Inc. bought a new stake in Jamf during the fourth quarter worth about $149,000. State of Wyoming boosted its stake in Jamf by 50.8% during the fourth quarter. State of Wyoming now owns 7,692 shares of the company’s stock worth $164,000 after acquiring an additional 2,592 shares in the last quarter. Finally, UBS Group AG boosted its stake in Jamf by 229.2% during the fourth quarter. UBS Group AG now owns 10,146 shares of the company’s stock worth $216,000 after acquiring an additional 7,064 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on JAMF. Mizuho decreased their target price on shares of Jamf from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Wednesday, March 1st. Needham & Company LLC restated a “buy” rating and issued a $35.00 price objective on shares of Jamf in a research report on Wednesday, March 1st. Piper Sandler decreased their price objective on shares of Jamf from $34.00 to $30.00 and set an “overweight” rating on the stock in a research report on Thursday, January 5th. Barclays boosted their price objective on shares of Jamf from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Wednesday, March 1st. Finally, Royal Bank of Canada decreased their price objective on shares of Jamf from $27.00 to $25.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 1st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

Jamf Company Profile

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Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology.