Jamf (NASDAQ:JAMF) Insider Sells $31,939.50 in Stock

Jamf Holding Corp. (NASDAQ:JAMF) insider Linh Lam sold 3,210 shares of Jamf stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $9.95, for a total value of $31,939.50. Following the completion of the transaction, the insider owned 250,308 shares in the company, valued at $2,490,564.60. This represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jamf Trading Down 0.7%

Shares of NASDAQ JAMF opened at $9.93 on Monday. Jamf Holding Corp. has a 1-year low of $7.09 and a 1-year high of $18.00. The business has a fifty day moving average price of $9.82 and a 200 day moving average price of $9.87. The stock has a market capitalization of $1.31 billion, a P/E ratio of -25.46, a price-to-earnings-growth ratio of 2.17 and a beta of 0.43. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.45 and a quick ratio of 1.45.

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

Hedge Funds Weigh In On Jamf

Several institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its position in Jamf by 14.3% during the first quarter. Goldman Sachs Group Inc. now owns 553,323 shares of the company’s stock valued at $6,723,000 after buying an additional 69,414 shares during the period. Caxton Associates LLP purchased a new position in Jamf during the first quarter worth approximately $328,000. Oppenheimer Asset Management Inc. acquired a new stake in Jamf in the first quarter valued at approximately $126,000. SG Americas Securities LLC increased its position in shares of Jamf by 97.6% in the first quarter. SG Americas Securities LLC now owns 57,493 shares of the company’s stock valued at $699,000 after buying an additional 28,394 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Jamf during the 2nd quarter worth approximately $322,000. 93.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on JAMF shares. JMP Securities decreased their price objective on Jamf from $27.00 to $18.00 and set a “market outperform” rating for the company in a report on Friday, August 8th. Bank of America cut their price objective on shares of Jamf from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Wednesday, July 16th. Wall Street Zen raised shares of Jamf from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Canaccord Genuity Group dropped their target price on shares of Jamf from $19.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Jamf in a report on Wednesday, October 8th.

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.