Jamf Holding Corp. (NASDAQ:JAMF) Shares Acquired by Atom Investors LP

Atom Investors LP increased its position in Jamf Holding Corp. (NASDAQ:JAMF) by 213.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 132,036 shares of the company’s stock after buying an additional 89,901 shares during the quarter. Atom Investors LP owned about 0.10% of Jamf worth $2,291,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in shares of Jamf by 17,830.8% during the 2nd quarter. Versant Capital Management Inc now owns 2,331 shares of the company’s stock worth $38,000 after purchasing an additional 2,318 shares during the period. Fifth Third Bancorp acquired a new position in Jamf during the second quarter valued at approximately $45,000. Venturi Wealth Management LLC grew its stake in Jamf by 57.1% during the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company’s stock worth $63,000 after buying an additional 1,327 shares during the period. Assetmark Inc. increased its position in shares of Jamf by 45.9% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock worth $76,000 after acquiring an additional 1,387 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Jamf in the 2nd quarter valued at $81,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Stock Performance

Shares of JAMF opened at $15.50 on Tuesday. Jamf Holding Corp. has a one year low of $14.02 and a one year high of $21.41. The stock has a 50-day moving average price of $16.31 and a 200 day moving average price of $16.85. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95.

Analysts Set New Price Targets

JAMF has been the subject of a number of research reports. Morgan Stanley began coverage on shares of Jamf in a research report on Monday, October 14th. They set an “equal weight” rating and a $20.00 price target for the company. The Goldman Sachs Group began coverage on Jamf in a research report on Tuesday, September 3rd. They issued a “neutral” rating and a $21.00 target price for the company. JMP Securities reiterated a “market outperform” rating and set a $30.00 target price on shares of Jamf in a report on Tuesday, October 1st. Canaccord Genuity Group decreased their price target on Jamf from $24.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $25.00 price objective on shares of Jamf in a research note on Friday, October 4th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Jamf presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.75.

Insider Buying and Selling at Jamf

In other news, insider Linh Lam sold 7,702 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $16.56, for a total value of $127,545.12. Following the completion of the sale, the insider now owns 187,438 shares of the company’s stock, valued at approximately $3,103,973.28. The trade was a 3.95 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is currently owned by corporate insiders.

About Jamf

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.