Fox Run Management L.L.C. Has $1.03 Million Stock Holdings in Jamf Holding Corp. (NASDAQ:JAMF)

Fox Run Management L.L.C. increased its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 530.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,049 shares of the company’s stock after buying an additional 61,457 shares during the quarter. Fox Run Management L.L.C. owned 0.06% of Jamf worth $1,026,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JAMF. Empowered Funds LLC acquired a new stake in Jamf during the third quarter valued at approximately $1,217,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Jamf by 18.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 180,301 shares of the company’s stock valued at $3,128,000 after acquiring an additional 27,925 shares during the last quarter. Intech Investment Management LLC bought a new position in shares of Jamf in the third quarter valued at approximately $279,000. Charles Schwab Investment Management Inc. raised its stake in shares of Jamf by 8.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 552,266 shares of the company’s stock valued at $9,582,000 after acquiring an additional 42,582 shares during the last quarter. Finally, Crestwood Capital Management L.P. bought a new position in shares of Jamf in the third quarter valued at approximately $3,470,000. 93.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on JAMF shares. Royal Bank of Canada cut their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research note on Tuesday, January 21st. Morgan Stanley started coverage on shares of Jamf in a research note on Tuesday, March 18th. They issued an “equal weight” rating and a $16.00 target price for the company. Barclays cut their target price on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. William Blair reiterated an “outperform” rating on shares of Jamf in a research note on Friday, February 28th. Finally, Piper Sandler dropped their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.30.

Insider Buying and Selling at Jamf

In other Jamf news, CAO Anthony Grabenau sold 3,706 shares of the company’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total transaction of $52,365.78. Following the completion of the sale, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. The trade was a 9.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dean Hager sold 36,864 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $13.37, for a total transaction of $492,871.68. Following the sale, the director now owns 302,775 shares of the company’s stock, valued at $4,048,101.75. The trade was a 10.85 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 252,618 shares of company stock worth $3,408,105. Insiders own 2.30% of the company’s stock.

Jamf Stock Performance

Shares of Jamf stock opened at $13.17 on Friday. The firm has a fifty day moving average of $14.57 and a two-hundred day moving average of $15.50. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of -23.95, a PEG ratio of 1.02 and a beta of 0.39. Jamf Holding Corp. has a 52 week low of $12.90 and a 52 week high of $21.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

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.