Campbell & CO Investment Adviser LLC Increases Holdings in Jamf Holding Corp. $JAMF

Campbell & CO Investment Adviser LLC increased its position in Jamf Holding Corp. (NASDAQ:JAMF) by 54.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 125,005 shares of the company’s stock after buying an additional 43,975 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Jamf were worth $1,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JAMF. Allianz Asset Management GmbH raised its stake in shares of Jamf by 1.9% during the second quarter. Allianz Asset Management GmbH now owns 77,702 shares of the company’s stock worth $739,000 after acquiring an additional 1,440 shares in the last quarter. Fox Run Management L.L.C. lifted its stake in Jamf by 6.7% in the second quarter. Fox Run Management L.L.C. now owns 29,541 shares of the company’s stock worth $281,000 after purchasing an additional 1,854 shares during the last quarter. Versor Investments LP lifted its stake in Jamf by 19.8% in the first quarter. Versor Investments LP now owns 12,100 shares of the company’s stock worth $147,000 after purchasing an additional 2,000 shares during the last quarter. Rhumbline Advisers boosted its position in Jamf by 2.2% during the first quarter. Rhumbline Advisers now owns 116,785 shares of the company’s stock valued at $1,419,000 after buying an additional 2,522 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Jamf by 5.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,269 shares of the company’s stock valued at $599,000 after buying an additional 2,704 shares during the last quarter. 93.81% of the stock is currently owned by institutional investors.

Jamf Price Performance

JAMF opened at $12.88 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.97. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -33.03, a price-to-earnings-growth ratio of 2.81 and a beta of 0.41. The stock has a fifty day simple moving average of $11.00 and a two-hundred day simple moving average of $10.00. Jamf Holding Corp. has a 12-month low of $7.09 and a 12-month high of $16.16.

Jamf (NASDAQ:JAMF) last announced its earnings results on Monday, November 10th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. The firm had revenue of $183.49 million for the quarter, compared to analysts’ expectations of $177.15 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The company’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. Research analysts predict that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

Insider Transactions at Jamf

In other Jamf news, insider Linh Lam sold 3,210 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $9.95, for a total value of $31,939.50. Following the sale, the insider owned 250,308 shares in the company, valued at approximately $2,490,564.60. This represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Strosahl sold 43,650 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $9.88, for a total transaction of $431,262.00. Following the transaction, the chief executive officer directly owned 1,480,451 shares of the company’s stock, valued at $14,626,855.88. This represents a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on JAMF shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Jamf in a research note on Wednesday, October 8th. Mizuho downgraded Jamf from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $13.00 target price (up previously from $12.00) on shares of Jamf in a report on Monday, November 3rd. Citigroup reaffirmed a “market outperform” rating on shares of Jamf in a research note on Wednesday, October 29th. Finally, Wall Street Zen cut shares of Jamf from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th.

About Jamf

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.