Teachers Retirement System of The State of Kentucky Purchases 28,344 Shares of Jamf Holding Corp. (NASDAQ:JAMF)

Teachers Retirement System of The State of Kentucky increased its position in Jamf Holding Corp. (NASDAQ:JAMF) by 22.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 156,060 shares of the company’s stock after buying an additional 28,344 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.12% of Jamf worth $2,193,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. boosted its stake in shares of Jamf by 238.0% in the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the company’s stock worth $50,000 after acquiring an additional 2,523 shares during the period. Versant Capital Management Inc lifted its holdings in Jamf by 24.5% in the 4th quarter. Versant Capital Management Inc now owns 4,039 shares of the company’s stock worth $57,000 after purchasing an additional 795 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in Jamf by 51.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 7,400 shares of the company’s stock worth $104,000 after purchasing an additional 2,500 shares during the period. Versor Investments LP purchased a new stake in Jamf during the 4th quarter valued at approximately $142,000. Finally, Mindset Wealth Management LLC bought a new stake in shares of Jamf during the fourth quarter valued at approximately $145,000. Hedge funds and other institutional investors own 93.81% of the company’s stock.

Jamf Stock Up 0.3 %

Shares of JAMF opened at $11.57 on Friday. 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 52-week low of $9.95 and a 52-week high of $21.41. The company has a market cap of $1.50 billion, a PE ratio of -21.04, a P/E/G ratio of 1.02 and a beta of 0.43. The business has a fifty day moving average of $12.62 and a 200 day moving average of $14.41.

Insider Activity

In other news, CAO Anthony Grabenau sold 9,701 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $13.60, for a total transaction of $131,933.60. Following the transaction, the chief accounting officer now owns 57,946 shares of the company’s stock, valued at approximately $788,065.60. This represents a 14.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dean Hager sold 36,864 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $13.37, for a total value of $492,871.68. Following the sale, the director now directly owns 302,775 shares of the company’s stock, valued at $4,048,101.75. This represents a 10.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 248,912 shares of company stock valued at $3,355,739. 2.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on JAMF shares. Piper Sandler cut their target price on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. William Blair restated an “outperform” rating on shares of Jamf in a research report on Friday, February 28th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of Jamf in a research report on Tuesday, March 4th. Morgan Stanley cut their price target on Jamf from $16.00 to $14.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday, February 26th. Three research 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $19.60.

Jamf 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.