Vanguard Group Inc. Increases Stock Position in Jamf Holding Corp. $JAMF

Vanguard Group Inc. boosted its position in shares of Jamf Holding Corp. (NASDAQ:JAMF) by 10.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,787,988 shares of the company’s stock after purchasing an additional 885,859 shares during the period. Vanguard Group Inc. owned approximately 0.07% of Jamf worth $104,731,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JAMF. Sunriver Management LLC boosted its position in Jamf by 46.9% in the 2nd quarter. Sunriver Management LLC now owns 4,519,582 shares of the company’s stock valued at $42,981,000 after buying an additional 1,441,908 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Jamf by 133.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,369,447 shares of the company’s stock worth $13,023,000 after acquiring an additional 781,968 shares in the last quarter. Marshall Wace LLP boosted its holdings in Jamf by 181.7% in the second quarter. Marshall Wace LLP now owns 1,366,919 shares of the company’s stock valued at $12,999,000 after purchasing an additional 881,745 shares during the last quarter. AustralianSuper Pty Ltd purchased a new position in Jamf in the third quarter valued at about $9,613,000. Finally, BNP Paribas Financial Markets grew its stake in Jamf by 340.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 652,765 shares of the company’s stock valued at $6,208,000 after purchasing an additional 504,425 shares in the last quarter. Institutional investors and hedge funds own 93.81% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Jamf in a research note on Monday, December 29th. Citizens Jmp downgraded shares of Jamf from a “market outperform” rating to a “hold” rating in a research note on Wednesday, December 3rd. Zacks Research raised shares of Jamf from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Morgan Stanley increased their price target on shares of Jamf from $10.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 18th. Finally, Citigroup downgraded Jamf from a “market outperform” rating to a “market perform” rating in a research note on Wednesday, December 3rd.

Jamf Trading Up 0.5%

Shares of NASDAQ:JAMF opened at $13.05 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.48. The company’s 50-day moving average price is $13.03 and its 200 day moving average price is $11.93. The company has a market cap of $1.75 billion, a PE ratio of -40.78, a P/E/G ratio of 1.77 and a beta of 0.52. Jamf Holding Corp. has a fifty-two week low of $7.09 and a fifty-two week high of $16.12.

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.