Jamf (BATS:JAMF) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Jamf (BATS:JAMF) from a strong sell rating to a hold rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “Jamf Holding Corp. provides technology solutions. Jamf Holding Corp. is based in Minneapolis, United States. “

A number of other equities research analysts have also issued reports on JAMF. The Goldman Sachs Group began coverage on shares of Jamf in a research note on Thursday, December 9th. They issued a buy rating and a $38.00 target price on the stock. Royal Bank of Canada upped their target price on shares of Jamf from $45.00 to $53.00 and gave the company an outperform rating in a research note on Friday, October 22nd. Barclays cut their target price on shares of Jamf from $46.00 to $37.00 in a research note on Wednesday. Mizuho restated a buy rating and issued a $47.00 target price on shares of Jamf in a research note on Friday, November 12th. Finally, JMP Securities upped their target price on shares of Jamf from $47.00 to $59.00 and gave the company a market outperform rating in a research note on Friday, October 22nd. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Jamf has a consensus rating of Buy and a consensus target price of $47.43.

BATS:JAMF opened at $34.41 on Wednesday. The firm has a fifty day moving average price of $35.46 and a 200-day moving average price of $36.34.

Jamf (BATS:JAMF) last posted its quarterly earnings data on Thursday, November 11th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01.

In other Jamf news, CTO Jason Wudi sold 7,401 shares of the firm’s stock in a transaction that occurred on Wednesday, December 1st. The shares were sold at an average price of $32.07, for a total value of $237,350.07. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dean Hager sold 134,216 shares of the stock in a transaction that occurred on Wednesday, December 15th. The shares were sold at an average price of $34.51, for a total transaction of $4,631,794.16. The disclosure for this sale can be found here. Insiders sold 369,260 shares of company stock worth $13,280,558 in the last 90 days.

Several institutional investors have recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in shares of Jamf by 9.2% in the second quarter. Citigroup Inc. now owns 4,419 shares of the company’s stock valued at $148,000 after acquiring an additional 371 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Jamf by 1.6% in the third quarter. PNC Financial Services Group Inc. now owns 23,907 shares of the company’s stock valued at $921,000 after acquiring an additional 372 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in Jamf by 5.5% during the third quarter. State Board of Administration of Florida Retirement System now owns 7,991 shares of the company’s stock worth $308,000 after buying an additional 415 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in Jamf by 0.8% during the third quarter. New York State Common Retirement Fund now owns 58,039 shares of the company’s stock worth $2,236,000 after buying an additional 439 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in Jamf by 3.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 19,051 shares of the company’s stock worth $734,000 after purchasing an additional 649 shares during the period.

About Jamf

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. Its products include Jamf Connect that streamlines Mac authentication and identity management; Jamf Pro, an enterprise mobility management tool that empowers IT pros and the users they support by delivering unified endpoint management for Apple devices; Jamf Now, a cloud-based MDM solution for the iPad, iPhone and Mac devices in workplace; Jamf School, a mobile device management for schools; and Jamf Protect, an endpoint security purpose built for Mac.

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