Jamf Holding Corp. (NASDAQ:JAMF) Insider Beth Tschida Sells 88,797 Shares

Jamf Holding Corp. (NASDAQ:JAMF) insider Beth Tschida sold 88,797 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $1,187,215.89. Following the completion of the transaction, the insider now owns 487,810 shares in the company, valued at approximately $6,522,019.70. The trade was a 15.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Jamf Price Performance

Shares of NASDAQ JAMF opened at $13.65 on Thursday. The company has a market capitalization of $1.77 billion, a PE ratio of -24.82, a PEG ratio of 1.02 and a beta of 0.39. 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 stock’s 50 day moving average price is $14.59 and its 200-day moving average price is $15.56. Jamf Holding Corp. has a twelve month low of $12.90 and a twelve month high of $21.41.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP raised its stake in shares of Jamf by 130.9% during the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock worth $43,000 after purchasing an additional 1,405 shares during the period. Blue Trust Inc. increased its holdings in Jamf by 238.0% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock worth $50,000 after buying an additional 2,523 shares during the last quarter. Versant Capital Management Inc boosted its stake in Jamf by 24.5% in the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after acquiring an additional 795 shares during the last quarter. Assetmark Inc. grew its position in shares of Jamf by 45.9% during the 3rd quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $76,000 after acquiring an additional 1,387 shares during the period. Finally, Canada Pension Plan Investment Board increased its stake in shares of Jamf by 51.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock worth $104,000 after purchasing an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on JAMF shares. Morgan Stanley initiated coverage on Jamf in a report on Tuesday. They issued an “equal weight” rating and a $16.00 target price on the stock. Barclays dropped their price objective on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, February 28th. Canaccord Genuity Group reissued a “buy” rating and set a $21.00 target price on shares of Jamf in a research report on Wednesday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price target on shares of Jamf in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. initiated coverage on Jamf in a report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price objective for the company. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.30.

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.