Wealth Enhancement Advisory Services LLC acquired a new position in shares of Jamf Holding Corp. (NASDAQ:JAMF – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 12,373 shares of the company’s stock, valued at approximately $115,000.
A number of other hedge funds and other institutional investors have also modified their holdings of JAMF. Sunriver Management LLC acquired a new stake in shares of Jamf in the first quarter valued at approximately $37,394,000. Palisade Capital Management LP acquired a new stake in shares of Jamf in the first quarter valued at approximately $7,567,000. Cubist Systematic Strategies LLC increased its holdings in shares of Jamf by 280.7% in the first quarter. Cubist Systematic Strategies LLC now owns 545,484 shares of the company’s stock valued at $6,628,000 after purchasing an additional 402,187 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Jamf by 806.8% in the first quarter. New York State Common Retirement Fund now owns 204,907 shares of the company’s stock valued at $2,490,000 after purchasing an additional 182,311 shares in the last quarter. Finally, PDT Partners LLC increased its holdings in shares of Jamf by 1,276.7% in the first quarter. PDT Partners LLC now owns 180,030 shares of the company’s stock valued at $2,187,000 after purchasing an additional 166,953 shares in the last quarter. 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 research reports. Barclays lowered their price target on shares of Jamf from $15.00 to $10.00 and set an “equal weight” rating for the company in a report on Monday, July 21st. Morgan Stanley lowered their price target on shares of Jamf from $14.00 to $10.00 and set an “equal weight” rating for the company in a report on Tuesday, September 2nd. Mizuho set a $12.00 target price on shares of Jamf in a report on Friday, August 8th. Wall Street Zen raised shares of Jamf from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 target price on shares of Jamf in a report on Thursday.
Jamf Trading Down 2.6%
Shares of NASDAQ JAMF opened at $10.15 on Monday. The company’s fifty day moving average is $9.56 and its 200-day moving average is $9.95. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of -26.03, a P/E/G ratio of 2.22 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. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.97.
Jamf (NASDAQ:JAMF – Get Free Report) last announced its quarterly 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 for the quarter, compared to analysts’ expectations of $168.58 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The business’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Jamf Holding Corp. will post 0.05 EPS for the current year.
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.
Featured Articles
- Five stocks we like better than Jamf
- How to Profit From Growth Investing
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- Best Stocks Under $10.00
- Could Target’s Week of Discounts Come Full Circle for Investors?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Want to see what other hedge funds are holding JAMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jamf Holding Corp. (NASDAQ:JAMF – Free Report).
Receive News & Ratings for Jamf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamf and related companies with MarketBeat.com's FREE daily email newsletter.