Versant Capital Management Inc Buys 2,318 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Versant Capital Management Inc boosted its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 17,830.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,331 shares of the company’s stock after purchasing an additional 2,318 shares during the period. Versant Capital Management Inc’s holdings in Jamf were worth $38,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Assetmark Inc. grew its position in shares of Jamf by 20.6% in the 4th quarter. Assetmark Inc. now owns 3,272 shares of the company’s stock valued at $59,000 after acquiring an additional 559 shares during the period. EntryPoint Capital LLC grew its position in shares of Jamf by 40.0% in the 1st quarter. EntryPoint Capital LLC now owns 3,319 shares of the company’s stock valued at $61,000 after acquiring an additional 949 shares during the period. Advisors Asset Management Inc. grew its position in shares of Jamf by 33.4% in the 1st quarter. Advisors Asset Management Inc. now owns 4,164 shares of the company’s stock valued at $76,000 after acquiring an additional 1,043 shares during the period. International Assets Investment Management LLC bought a new position in shares of Jamf in the 4th quarter valued at about $163,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Jamf in the 4th quarter valued at about $184,000. Institutional investors own 93.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on JAMF. Canaccord Genuity Group raised their target price on shares of Jamf from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Mizuho lifted their price objective on shares of Jamf from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Jamf in a research note on Tuesday, June 4th. Finally, Royal Bank of Canada upped their price target on shares of Jamf from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday, May 9th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $24.14.

Jamf Trading Up 1.4 %

NASDAQ JAMF traded up $0.22 on Wednesday, hitting $16.43. The company’s stock had a trading volume of 31,581 shares, compared to its average volume of 530,091. Jamf Holding Corp. has a 1-year low of $14.68 and a 1-year high of $21.41. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average is $16.70 and its 200 day moving average is $18.02. The firm has a market cap of $2.11 billion, a PE ratio of -19.07, a PEG ratio of 31.47 and a beta of 0.41.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.04. Jamf had a negative net margin of 18.33% and a negative return on equity of 4.86%. The company had revenue of $152.12 million during the quarter, compared to analysts’ expectations of $149.21 million. During the same period in the prior year, the company posted ($0.08) earnings per share. Jamf’s revenue for the quarter was up 15.1% compared to the same quarter last year. As a group, analysts predict that Jamf Holding Corp. will post 0.01 earnings per share for the current fiscal year.

Insider Buying and Selling at Jamf

In other Jamf news, insider Jason Wudi sold 5,736 shares of the firm’s stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $15.42, for a total value of $88,449.12. Following the transaction, the insider now directly owns 329,291 shares of the company’s stock, valued at $5,077,667.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Dean Hager sold 30,442 shares of the firm’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $15.46, for a total transaction of $470,633.32. Following the completion of the sale, the director now owns 339,639 shares in the company, valued at $5,250,818.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jason Wudi sold 5,736 shares of the firm’s stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $15.42, for a total transaction of $88,449.12. Following the sale, the insider now owns 329,291 shares of the company’s stock, valued at approximately $5,077,667.22. The disclosure for this sale can be found here. Over the last three months, insiders have sold 72,607 shares of company stock valued at $1,128,725. Corporate insiders own 2.30% of the company’s stock.

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.