Jamf Holding Corp. (NASDAQ:JAMF) Shares Sold by Nomura Holdings Inc.

Nomura Holdings Inc. lessened its stake in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 65.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 50,960 shares of the company’s stock after selling 95,792 shares during the period. Nomura Holdings Inc.’s holdings in Jamf were worth $716,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Millennium Management LLC raised its stake in Jamf by 56.9% during the 4th quarter. Millennium Management LLC now owns 347,606 shares of the company’s stock valued at $4,884,000 after purchasing an additional 125,996 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Jamf by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,565 shares of the company’s stock valued at $654,000 after purchasing an additional 1,754 shares during the period. Graham Capital Management L.P. acquired a new stake in Jamf during the 4th quarter valued at $434,000. Deutsche Bank AG raised its stake in Jamf by 33.4% during the 4th quarter. Deutsche Bank AG now owns 166,209 shares of the company’s stock valued at $2,335,000 after purchasing an additional 41,618 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in Jamf during the 4th quarter valued at $187,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

JAMF has been the topic of several recent analyst reports. William Blair reissued an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. Needham & Company LLC restated a “buy” rating and set a $25.00 price target on shares of Jamf in a report on Tuesday, March 4th. Royal Bank of Canada lowered their price target on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a report on Tuesday, January 21st. Canaccord Genuity Group restated a “buy” rating and set a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. Finally, Morgan Stanley lowered their price target on shares of Jamf from $16.00 to $14.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and an average price target of $19.80.

Jamf Trading Down 0.4%

Shares of NASDAQ:JAMF opened at $11.07 on Wednesday. The stock has a market capitalization of $1.46 billion, a PE ratio of -20.13, a P/E/G ratio of 1.02 and a beta of 0.44. Jamf Holding Corp. has a 1 year low of $9.95 and a 1 year high of $19.05. The firm has a fifty day moving average price of $11.71 and a 200 day moving average price of $13.77. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.13). The company had revenue of $167.62 million for the quarter, compared to analysts’ expectations of $166.22 million. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 EPS. Analysts expect that Jamf Holding Corp. will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at Jamf

In other news, CAO Anthony Grabenau sold 9,701 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.60, for a total transaction of $131,933.60. Following the completion of the transaction, the chief accounting officer now owns 57,946 shares of the company’s stock, valued at approximately $788,065.60. This represents a 14.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Strosahl sold 56,170 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total transaction of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares of the company’s stock, valued at $20,931,671.34. This represents a 3.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 248,912 shares of company stock worth $3,355,739 over the last ninety days. Company insiders own 2.70% of the company’s stock.

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.