Jamf Holding Corp. (NASDAQ:JAMF – Get Free Report) insider Linh Lam sold 5,445 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $18.36, for a total transaction of $99,970.20. Following the sale, the insider now directly owns 195,140 shares in the company, valued at $3,582,770.40. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Jamf Stock Performance
JAMF stock traded down $0.53 on Thursday, hitting $17.89. The company had a trading volume of 260,096 shares, compared to its average volume of 523,480. Jamf Holding Corp. has a 12-month low of $14.68 and a 12-month high of $21.41. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.51. The stock’s 50-day simple moving average is $17.13 and its 200 day simple moving average is $17.88. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of -21.67, a P/E/G ratio of 31.47 and a beta of 0.41.
Jamf (NASDAQ:JAMF – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Jamf had a negative net margin of 18.33% and a negative return on equity of 4.86%. The company had revenue of $153.02 million for the quarter, compared to analysts’ expectations of $151.66 million. During the same quarter last year, the company posted ($0.19) earnings per share. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. As a group, equities research analysts expect that Jamf Holding Corp. will post 0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective on shares of Jamf in a research report on Tuesday, June 4th. Royal Bank of Canada increased their price objective on shares of Jamf from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, May 9th. Mizuho increased their price objective on shares of Jamf from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Finally, Canaccord Genuity Group cut their price objective on shares of Jamf from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.71.
View Our Latest Report on Jamf
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.
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