Nomura Holdings Inc. Sells 95,792 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Nomura Holdings Inc. cut its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 65.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,960 shares of the company’s stock after selling 95,792 shares during the quarter. Nomura Holdings Inc.’s holdings in Jamf were worth $716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JAMF. Blue Trust Inc. raised its holdings in Jamf by 238.0% in the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock worth $50,000 after purchasing an additional 2,523 shares during the period. Canada Pension Plan Investment Board raised its holdings in Jamf by 51.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock worth $104,000 after purchasing an additional 2,500 shares during the period. Versor Investments LP acquired a new stake in Jamf in the fourth quarter worth $142,000. Mindset Wealth Management LLC acquired a new stake in Jamf in the fourth quarter worth $145,000. Finally, Cetera Investment Advisers acquired a new stake in Jamf in the fourth quarter worth $145,000. 93.81% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Dean Hager sold 36,864 shares of Jamf stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $13.37, for a total transaction of $492,871.68. Following the completion of the transaction, the director now owns 302,775 shares in the company, valued at approximately $4,048,101.75. This trade represents a 10.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anthony Grabenau sold 9,701 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total value of $131,933.60. Following the sale, the chief accounting officer now owns 57,946 shares of the company’s stock, valued at approximately $788,065.60. This represents a 14.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold 248,912 shares of company stock worth $3,355,739 in the last quarter. Corporate insiders own 2.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on JAMF shares. Mizuho set a $15.00 price objective on shares of Jamf in a research report on Wednesday, April 16th. Morgan Stanley dropped their price target on Jamf from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Barclays lifted their price target on Jamf from $13.00 to $15.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 7th. Needham & Company LLC reissued a “buy” rating and issued a $25.00 price target on shares of Jamf in a research note on Tuesday, March 4th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $21.00 price target on shares of Jamf in a research note on Wednesday, February 26th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.80.

Jamf Price Performance

Shares of NASDAQ JAMF opened at $11.07 on Wednesday. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -20.13, a PEG ratio of 1.02 and a beta of 0.44. The business has a 50-day moving average of $11.71 and a 200-day moving average of $13.77. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. Jamf Holding Corp. has a fifty-two week low of $9.95 and a fifty-two week high of $19.05.

Jamf (NASDAQ:JAMF) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.13). The firm had revenue of $167.62 million during the quarter, compared to the consensus estimate of $166.22 million. Jamf’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. As a group, sell-side analysts predict that Jamf Holding Corp. will post 0.05 earnings per share for the current fiscal year.

Jamf 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.