Ian Goodkind Sells 51,439 Shares of Jamf Holding Corp. (NASDAQ:JAMF) Stock

Jamf Holding Corp. (NASDAQ:JAMF) CFO Ian Goodkind sold 51,439 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $20.07, for a total value of $1,032,380.73. Following the transaction, the chief financial officer now owns 244,699 shares in the company, valued at $4,911,108.93. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Ian Goodkind also recently made the following trade(s):

• On Tuesday, March 19th, Ian Goodkind sold 7,735 shares of Jamf stock. The stock was sold at an average price of $17.85, for a total value of $138,069.75.

Jamf Trading Up 0.6 %

NASDAQ JAMF traded up $0.13 on Tuesday, reaching $21.00. The stock had a trading volume of 492,772 shares, compared to its average volume of 413,393. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of -23.60 and a beta of 0.47. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf Holding Corp. has a 12-month low of $14.83 and a 12-month high of $22.89. The stock has a fifty day moving average price of $18.40 and a two-hundred day moving average price of $18.12.

Jamf (NASDAQ:JAMF) last announced its earnings results on Tuesday, February 27th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.05. Jamf had a negative return on equity of 6.12% and a negative net margin of 19.64%. The company had revenue of $150.65 million for the quarter, compared to analyst estimates of $148.34 million. As a group, sell-side analysts forecast that Jamf Holding Corp. will post -0.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

JAMF has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and set a $25.00 target price on shares of Jamf in a report on Thursday, March 14th. Mizuho reduced their price target on shares of Jamf from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, February 28th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $21.00 price target on shares of Jamf in a research report on Thursday, March 14th. Finally, Barclays lifted their price target on shares of Jamf from $18.00 to $20.00 and gave the company an “equal weight” rating in a research report on Thursday, March 14th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Jamf has a consensus rating of “Moderate Buy” and an average price target of $23.67.

Institutional Trading of Jamf

A number of large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its position in shares of Jamf by 24.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 45,261 shares of the company’s stock worth $817,000 after acquiring an additional 9,030 shares during the period. Vanguard Group Inc. increased its position in shares of Jamf by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 7,277,732 shares of the company’s stock worth $131,436,000 after acquiring an additional 89,057 shares during the period. Wellington Management Group LLP grew its stake in shares of Jamf by 6.2% during the fourth quarter. Wellington Management Group LLP now owns 7,871,450 shares of the company’s stock worth $142,158,000 after purchasing an additional 462,257 shares in the last quarter. Optimus Prime Fund Management Co. Ltd. grew its stake in shares of Jamf by 116.9% during the fourth quarter. Optimus Prime Fund Management Co. Ltd. now owns 705,000 shares of the company’s stock worth $12,732,000 after purchasing an additional 380,000 shares in the last quarter. Finally, Ghisallo Capital Management LLC acquired a new position in shares of Jamf during the fourth quarter worth $651,000. Hedge funds and other institutional investors own 93.81% of the company’s stock.

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.