New York State Common Retirement Fund Has $3.39 Million Position in Jamf Holding Corp. $JAMF

New York State Common Retirement Fund grew its holdings in Jamf Holding Corp. (NASDAQ:JAMF) by 62.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 316,574 shares of the company’s stock after purchasing an additional 121,818 shares during the period. New York State Common Retirement Fund’s holdings in Jamf were worth $3,387,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. AustralianSuper Pty Ltd purchased a new position in shares of Jamf during the third quarter valued at $9,613,000. Teacher Retirement System of Texas boosted its position in Jamf by 18.2% during the 3rd quarter. Teacher Retirement System of Texas now owns 66,016 shares of the company’s stock worth $706,000 after acquiring an additional 10,170 shares during the period. Covestor Ltd grew its stake in Jamf by 775.1% during the 3rd quarter. Covestor Ltd now owns 7,465 shares of the company’s stock valued at $79,000 after acquiring an additional 6,612 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Jamf by 163.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,618 shares of the company’s stock valued at $333,000 after purchasing an additional 20,245 shares during the period. Finally, State of Alaska Department of Revenue acquired a new position in shares of Jamf in the 3rd quarter valued at about $57,000. Institutional investors and hedge funds own 93.81% of the company’s stock.

Jamf Price Performance

Shares of Jamf stock opened at $13.05 on Friday. Jamf Holding Corp. has a 1-year low of $7.09 and a 1-year high of $16.12. The firm has a fifty day simple moving average of $13.01 and a 200-day simple moving average of $11.29. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of -40.78, a PEG ratio of 1.77 and a beta of 0.52.

Jamf (NASDAQ:JAMF) last released its earnings results on Monday, November 10th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. Jamf had a negative net margin of 5.98% and a positive return on equity of 4.43%. The firm had revenue of $183.49 million during the quarter, compared to analyst estimates of $177.15 million. During the same quarter in the previous year, the business earned $0.16 EPS. The business’s revenue was up 15.2% on a year-over-year basis. On average, sell-side analysts expect that Jamf Holding Corp. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on JAMF. William Blair cut shares of Jamf from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 29th. Canaccord Genuity Group downgraded shares of Jamf from a “buy” rating to a “hold” rating and cut their target price for the stock from $15.00 to $13.05 in a research report on Wednesday, October 29th. Citigroup lowered shares of Jamf from a “market outperform” rating to a “market perform” rating in a research note on Wednesday, December 3rd. Wall Street Zen lowered Jamf from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Zacks Research upgraded Jamf from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th.

About Jamf

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.