Linh Lam Sells 3,210 Shares of Jamf (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF) insider Linh Lam sold 3,210 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $9.95, for a total value of $31,939.50. Following the completion of the transaction, the insider directly owned 250,308 shares in the company, valued at approximately $2,490,564.60. This trade represents a 1.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jamf Stock Down 0.7%

Jamf stock opened at $9.93 on Friday. The business has a fifty day moving average of $9.82 and a two-hundred day moving average of $9.89. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.97. The firm has a market cap of $1.31 billion, a P/E ratio of -25.46, a P/E/G ratio of 2.17 and a beta of 0.43. Jamf Holding Corp. has a twelve month low of $7.09 and a twelve month high of $18.00.

Jamf (NASDAQ:JAMF) last posted its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $176.50 million during the quarter, compared to analyst estimates of $168.58 million. Jamf had a positive return on equity of 3.02% and a negative net margin of 7.36%.Jamf’s revenue was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

JAMF has been the subject of a number of analyst reports. Canaccord Genuity Group lowered their target price on Jamf from $19.00 to $15.00 and set a “buy” rating for the company in a report on Friday, August 8th. Wall Street Zen upgraded Jamf from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Barclays lowered their target price on Jamf from $15.00 to $10.00 and set an “equal weight” rating for the company in a report on Monday, July 21st. JMP Securities lowered their target price on Jamf from $27.00 to $18.00 and set a “market outperform” rating for the company in a report on Friday, August 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $20.00 price objective on shares of Jamf in a report on Thursday, October 9th.

Institutional Investors Weigh In On Jamf

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunriver Management LLC grew its position in Jamf by 46.9% during the 2nd quarter. Sunriver Management LLC now owns 4,519,582 shares of the company’s stock worth $42,981,000 after purchasing an additional 1,441,908 shares during the period. Qube Research & Technologies Ltd grew its position in Jamf by 133.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,369,447 shares of the company’s stock worth $13,023,000 after purchasing an additional 781,968 shares during the period. Marshall Wace LLP grew its position in Jamf by 181.7% during the 2nd quarter. Marshall Wace LLP now owns 1,366,919 shares of the company’s stock worth $12,999,000 after purchasing an additional 881,745 shares during the period. Northern Trust Corp grew its position in Jamf by 1.0% during the 1st quarter. Northern Trust Corp now owns 811,760 shares of the company’s stock worth $9,863,000 after purchasing an additional 7,730 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Jamf by 340.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 652,765 shares of the company’s stock worth $6,208,000 after purchasing an additional 504,425 shares during the period. 93.81% of the stock is owned by institutional investors and hedge funds.

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.