Quantinno Capital Management LP boosted its holdings in shares of Jamf Holding Corp. (NASDAQ:JAMF - Free Report) by 97.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 292,626 shares of the company's stock after buying an additional 144,144 shares during the quarter. Quantinno Capital Management LP owned about 0.23% of Jamf worth $5,077,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Quarry LP increased its holdings 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. Fifth Third Bancorp acquired a new position in Jamf during the second quarter valued at approximately $45,000. Venturi Wealth Management LLC raised its position in shares of Jamf by 57.1% in the third quarter. Venturi Wealth Management LLC now owns 3,653 shares of the company's stock valued at $63,000 after purchasing an additional 1,327 shares during the period. Assetmark Inc. lifted its stake 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 buying an additional 1,387 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Jamf during the 2nd quarter worth $81,000. 93.81% of the stock is currently owned by institutional investors.
Shares of NASDAQ:JAMF opened at $15.42 on Friday. The business's 50 day moving average is $16.10 and its 200-day moving average is $16.78. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.97 billion, a PE ratio of -28.04, a PEG ratio of 6.86 and a beta of 0.36. Jamf Holding Corp. has a 1-year low of $14.02 and a 1-year high of $21.41.
A number of research analysts have weighed in on JAMF shares. JMP Securities reissued a "market outperform" rating and set a $30.00 target price on shares of Jamf in a research report on Tuesday, October 1st. The Goldman Sachs Group initiated coverage on Jamf in a research report on Tuesday, September 3rd. They set a "neutral" rating and a $21.00 price objective for the company. Morgan Stanley assumed coverage on Jamf in a research report on Monday, October 14th. They issued an "equal weight" rating and a $20.00 price target on the stock. Finally, Needham & Company LLC reissued a "buy" rating and issued a $25.00 price objective on shares of Jamf in a research report on Friday, October 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $22.75.
Read Our Latest Stock Report on JAMF
In other Jamf news, insider Linh Lam sold 7,702 shares of Jamf stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $16.56, for a total transaction of $127,545.12. Following the sale, the insider now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.30% of the company's stock.
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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