Jamf (NASDAQ:JAMF) Stock Rating Lowered by Wall Street Zen

Jamf (NASDAQ:JAMF) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

A number of other brokerages have also recently issued reports on JAMF. JPMorgan Chase & Co. decreased their target price on Jamf from $15.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, July 17th. Morgan Stanley cut their target price on Jamf from $14.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 2nd. JMP Securities cut their target price on Jamf from $27.00 to $18.00 and set a “market outperform” rating on the stock in a research report on Friday, August 8th. Bank of America cut their target price on Jamf from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 16th. Finally, Zacks Research lowered Jamf from a “hold” rating to a “strong sell” rating in a research report on Tuesday.

Jamf Price Performance

NASDAQ JAMF opened at $10.64 on Friday. Jamf has a 12 month low of $7.09 and a 12 month high of $18.00. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $1.40 billion, a PE ratio of -27.28, a P/E/G ratio of 2.31 and a beta of 0.43. The company’s 50 day simple moving average is $10.04 and its 200 day simple moving average is $9.88.

Jamf (NASDAQ:JAMF) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $176.50 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Jamf will post 0.05 EPS for the current fiscal year.

Insider Activity at Jamf

In other Jamf news, 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 transaction of $31,939.50. Following the completion of the sale, the insider owned 250,308 shares of the company’s stock, valued at $2,490,564.60. This trade represents a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO John Strosahl sold 43,650 shares of Jamf stock in a transaction on Friday, October 17th. The shares were sold at an average price of $9.88, for a total transaction of $431,262.00. Following the sale, the chief executive officer directly owned 1,480,451 shares of the company’s stock, valued at $14,626,855.88. This trade represents a 2.86% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.70% of the company’s stock.

Institutional Investors Weigh In On Jamf

A number of institutional investors have recently modified their holdings of JAMF. Janney Montgomery Scott LLC acquired a new stake in shares of Jamf during the 1st quarter valued at $731,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Jamf during the 1st quarter valued at $126,000. Palisade Capital Management LP acquired a new stake in shares of Jamf during the 1st quarter valued at $7,567,000. Envestnet Asset Management Inc. boosted its stake in shares of Jamf by 30.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 104,681 shares of the company’s stock valued at $1,272,000 after buying an additional 24,624 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in shares of Jamf by 806.8% during the 1st quarter. New York State Common Retirement Fund now owns 204,907 shares of the company’s stock valued at $2,490,000 after buying an additional 182,311 shares during the period. Institutional investors and hedge funds own 93.81% of the company’s stock.

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.