Quantbot Technologies LP Buys Shares of 74,832 Jamf Holding Corp. (NASDAQ:JAMF)

Quantbot Technologies LP purchased a new position in shares of Jamf Holding Corp. (NASDAQ:JAMF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 74,832 shares of the company’s stock, valued at approximately $1,051,000. Quantbot Technologies LP owned about 0.06% of Jamf as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Versant Capital Management Inc increased its stake in Jamf by 24.5% during the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock valued at $57,000 after buying an additional 795 shares during the period. Quarry LP lifted its position in shares of Jamf by 130.9% during the 3rd quarter. Quarry LP now owns 2,478 shares of the company’s stock valued at $43,000 after acquiring an additional 1,405 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Jamf by 238.0% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock valued at $50,000 after purchasing an additional 2,523 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Jamf by 7.6% in the third quarter. The Manufacturers Life Insurance Company now owns 44,671 shares of the company’s stock worth $775,000 after buying an additional 3,154 shares during the period. Finally, MetLife Investment Management LLC increased its position in shares of Jamf by 9.6% in the third quarter. MetLife Investment Management LLC now owns 46,434 shares of the company’s stock worth $806,000 after acquiring an additional 4,057 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Analyst Upgrades and Downgrades

JAMF has been the subject of several research analyst reports. Barclays reduced their price target on shares of Jamf from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, February 28th. Morgan Stanley initiated coverage on Jamf in a research report on Tuesday, March 18th. They issued an “equal weight” rating and a $16.00 target price for the company. Piper Sandler dropped their price target on Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Royal Bank of Canada decreased their price objective on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. initiated coverage on Jamf in a report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 target price on the stock. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.30.

Jamf Trading Down 0.3 %

Shares of NASDAQ JAMF opened at $13.24 on Wednesday. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of -24.07, a PEG ratio of 1.02 and a beta of 0.39. The business has a 50 day simple moving average of $14.54 and a 200 day simple moving average of $15.42. 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 Holding Corp. has a 52 week low of $12.90 and a 52 week high of $21.41.

Insiders Place Their Bets

In other Jamf news, Director Dean Hager sold 36,864 shares of the business’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $492,871.68. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Strosahl sold 56,170 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $13.59, for a total value of $763,350.30. Following the transaction, the chief executive officer now directly owns 1,540,226 shares in the company, valued at approximately $20,931,671.34. This represents a 3.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,618 shares of company stock valued at $3,408,105 over the last ninety days. Corporate insiders own 2.30% of the company’s stock.

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.