Jamf Holding Corp. (NASDAQ:JAMF) Insider Elizabeth Benz Sells 57,380 Shares

Jamf Holding Corp. (NASDAQ:JAMF) insider Elizabeth Benz sold 57,380 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $780,368.00. Following the completion of the transaction, the insider now directly owns 358,775 shares in the company, valued at $4,879,340. This trade represents a 13.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Jamf Trading Down 1.9 %

Shares of JAMF opened at $13.17 on Friday. The business’s 50-day moving average price is $14.57 and its 200-day moving average price is $15.51. Jamf Holding Corp. has a twelve month low of $12.90 and a twelve month high of $21.41. The stock has a market cap of $1.70 billion, a PE ratio of -23.95, a P/E/G 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.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada cut 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. Morgan Stanley assumed coverage on shares of Jamf in a report on Tuesday. They issued an “equal weight” rating and a $16.00 price target on the stock. Barclays cut their price target on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, February 28th. Canaccord Genuity Group reissued a “buy” rating and issued a $21.00 price target on shares of Jamf in a report on Wednesday, February 26th. Finally, William Blair restated 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 eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.30.

Institutional Investors Weigh In On Jamf

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP increased its position in shares of Jamf by 130.9% during the third quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after buying an additional 1,405 shares during the period. Blue Trust Inc. increased its position 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 buying an additional 2,523 shares during the period. Versant Capital Management Inc increased its position in shares of Jamf by 24.5% during the fourth quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after buying an additional 795 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Jamf by 51.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock valued at $104,000 after buying an additional 2,500 shares during the period. Finally, Versor Investments LP bought a new stake in shares of Jamf during the fourth quarter valued at about $142,000. 93.81% of the stock is currently owned by institutional investors.

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.