Jamf Holding Corp. (NASDAQ:JAMF) Insider Beth Tschida Sells 11,878 Shares

Jamf Holding Corp. (NASDAQ:JAMF) insider Beth Tschida sold 11,878 shares of the business’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $10.34, for a total transaction of $122,818.52. Following the transaction, the insider now directly owns 475,932 shares of the company’s stock, valued at $4,921,136.88. The trade was a 2.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Beth Tschida also recently made the following trade(s):

• On Monday, March 17th, Beth Tschida sold 88,797 shares of Jamf stock. The shares were sold at an average price of $13.37, for a total transaction of $1,187,215.89.

Jamf Stock Up 0.2%

NASDAQ JAMF opened at $10.64 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The company’s 50 day simple moving average is $11.11 and its 200 day simple moving average is $13.35. Jamf Holding Corp. has a 12 month low of $9.95 and a 12 month high of $19.05. The company has a market capitalization of $1.40 billion, a P/E ratio of -19.35, a PEG ratio of 1.02 and a beta of 0.44.

Jamf (NASDAQ:JAMF) last released its earnings results on Tuesday, May 6th. The company reported $0.08 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 analyst estimates of $166.22 million. During the same quarter in the prior year, the firm earned $0.14 EPS. Jamf’s quarterly revenue was up 10.2% on a year-over-year basis. Equities research analysts expect that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Jamf

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of Jamf during the fourth quarter valued at approximately $931,000. Cetera Investment Advisers acquired a new stake in shares of Jamf during the fourth quarter valued at approximately $145,000. Renaissance Technologies LLC raised its holdings in shares of Jamf by 53.5% during the fourth quarter. Renaissance Technologies LLC now owns 143,400 shares of the company’s stock valued at $2,015,000 after acquiring an additional 50,000 shares during the period. Asset Management One Co. Ltd. acquired a new stake in shares of Jamf during the fourth quarter valued at approximately $231,000. Finally, Blue Trust Inc. raised its holdings in shares of Jamf by 238.0% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock valued at $50,000 after acquiring an additional 2,523 shares during the period. Institutional investors and hedge funds own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

JAMF has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their target price on shares of Jamf from $18.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Barclays upped their price target on shares of Jamf from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 7th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Mizuho set a $15.00 price target on shares of Jamf in a research note on Wednesday, April 16th. Finally, William Blair reaffirmed an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

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.