Jamf (NASDAQ:JAMF) Downgraded by Zacks Research to Strong Sell

Jamf (NASDAQ:JAMF) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

JAMF has been the subject of a number of other reports. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of Jamf in a research report on Thursday, October 9th. Barclays reduced their target price on shares of Jamf from $15.00 to $10.00 and set an “equal weight” rating for the company in a report on Monday, July 21st. Mizuho set a $12.00 target price on shares of Jamf in a report on Friday, August 8th. Wall Street Zen upgraded shares of Jamf from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Jamf in a research note on Wednesday, October 8th.

Jamf Stock Down 0.6%

Jamf stock opened at $10.49 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.45 and a current ratio of 1.45. Jamf has a fifty-two week low of $7.09 and a fifty-two week high of $18.00. The company has a market capitalization of $1.38 billion, a PE ratio of -26.90, a price-to-earnings-growth ratio of 2.31 and a beta of 0.43. The firm has a 50 day moving average price of $9.96 and a 200 day moving average price of $9.88.

Jamf (NASDAQ:JAMF) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $176.50 million during the quarter, compared to analysts’ expectations of $168.58 million. Jamf had a negative net margin of 7.36% and a positive return on equity of 3.02%. The firm’s revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. Jamf has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Jamf will post 0.05 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO John Strosahl sold 43,650 shares of the firm’s stock in a transaction on Friday, October 17th. The shares were sold at an average price of $9.88, for a total value of $431,262.00. Following the transaction, the chief executive officer owned 1,480,451 shares of the company’s stock, valued at approximately $14,626,855.88. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Linh Lam sold 3,210 shares of Jamf stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $9.95, for a total transaction of $31,939.50. Following the sale, the insider directly owned 250,308 shares in the company, valued at $2,490,564.60. This trade represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in Jamf by 32,950.0% during the 1st quarter. GAMMA Investing LLC now owns 3,305 shares of the company’s stock worth $40,000 after acquiring an additional 3,295 shares in the last quarter. Quarry LP boosted its holdings in shares of Jamf by 148.7% in the 1st quarter. Quarry LP now owns 6,505 shares of the company’s stock valued at $79,000 after buying an additional 3,889 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Jamf by 210.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,829 shares of the company’s stock valued at $74,000 after buying an additional 5,311 shares during the period. Prudential Financial Inc. acquired a new position in shares of Jamf in the 2nd quarter valued at about $97,000. Finally, Savant Capital LLC acquired a new position in shares of Jamf in the 2nd quarter valued at about $97,000. 93.81% of the stock is owned by institutional investors and hedge funds.

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.