Jamf Holding Corp. (NASDAQ:JAMF) CFO Ian Goodkind Sells 51,439 Shares

Jamf Holding Corp. (NASDAQ:JAMF) CFO Ian Goodkind sold 51,439 shares of Jamf stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $20.07, for a total value of $1,032,380.73. Following the sale, the chief financial officer now directly owns 244,699 shares in the company, valued at $4,911,108.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ian Goodkind also recently made the following trade(s):

• On Tuesday, March 19th, Ian Goodkind sold 7,735 shares of Jamf stock. The stock was sold at an average price of $17.85, for a total value of $138,069.75.

Jamf Stock Up 0.6 %

Shares of NASDAQ:JAMF opened at $21.00 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a market cap of $2.69 billion, a P/E ratio of -23.60 and a beta of 0.47. Jamf Holding Corp. has a 12 month low of $14.83 and a 12 month high of $22.89. The company’s 50-day moving average price is $18.40 and its two-hundred day moving average price is $18.12.

Jamf (NASDAQ:JAMF) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.05. The business had revenue of $150.65 million for the quarter, compared to analysts’ expectations of $148.34 million. Jamf had a negative net margin of 19.64% and a negative return on equity of 6.12%. As a group, research analysts forecast that Jamf Holding Corp. will post -0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

JAMF has been the subject of several recent analyst reports. Barclays increased their price objective on Jamf from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 14th. Needham & Company LLC reissued a “buy” rating and set a $25.00 price target on shares of Jamf in a report on Thursday, March 14th. Mizuho decreased their price objective on shares of Jamf from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, February 28th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Jamf in a report on Thursday, March 14th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Jamf has an average rating of “Moderate Buy” and an average price target of $23.67.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JAMF. Assetmark Inc. lifted its stake in shares of Jamf by 20.6% during the fourth quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock valued at $59,000 after acquiring an additional 559 shares during the period. International Assets Investment Management LLC bought a new stake in Jamf during the 4th quarter worth about $163,000. Dynamic Technology Lab Private Ltd acquired a new position in Jamf during the 4th quarter valued at about $184,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Jamf by 73.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,422 shares of the company’s stock valued at $224,000 after purchasing an additional 5,264 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Jamf during the 3rd quarter worth approximately $362,000. 93.81% of the stock is currently owned by institutional investors.

Jamf Company 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.