Anthony Grabenau Sells 9,701 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMFGet Free Report) CAO Anthony Grabenau sold 9,701 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $131,933.60. Following the completion of the sale, the chief accounting officer now owns 57,946 shares in the company, valued at $788,065.60. The trade was a 14.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Anthony Grabenau also recently made the following trade(s):

  • On Thursday, January 16th, Anthony Grabenau sold 3,706 shares of Jamf stock. The shares were sold at an average price of $14.13, for a total transaction of $52,365.78.

Jamf Price Performance

Shares of Jamf stock opened at $13.17 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf Holding Corp. has a fifty-two week low of $12.90 and a fifty-two week high of $21.41. The firm has a fifty day moving average price of $14.57 and a two-hundred day moving average price of $15.51. The company has a market cap of $1.70 billion, a PE ratio of -23.95, a price-to-earnings-growth ratio of 1.02 and a beta of 0.39.

Institutional Trading of Jamf

A number of hedge funds have recently bought and sold shares of JAMF. Empowered Funds LLC acquired a new position in shares of Jamf in the 3rd quarter valued at $1,217,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Jamf by 18.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 180,301 shares of the company’s stock valued at $3,128,000 after buying an additional 27,925 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Jamf in the 3rd quarter valued at $279,000. Charles Schwab Investment Management Inc. raised its stake in shares of Jamf by 8.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 552,266 shares of the company’s stock valued at $9,582,000 after buying an additional 42,582 shares in the last quarter. Finally, Crestwood Capital Management L.P. acquired a new position in shares of Jamf in the 3rd quarter valued at $3,470,000. 93.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

JAMF has been the topic of a number of recent analyst reports. William Blair restated an “outperform” rating on shares of Jamf in a report on Friday, February 28th. 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. Royal Bank of Canada dropped their price objective on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 21st. Piper Sandler dropped their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Jamf in a research report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 target price for the company. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Jamf presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.30.

Read Our Latest Stock Analysis on Jamf

About Jamf

(Get Free Report)

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.

Further Reading

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

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