Checking in on Jamf Holding Corp. (JAMF) after recent insiders movement

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Jamf Holding Corp.’s recent filing unveils that its Chief Strategist WUDI JASON unloaded Company’s shares for reported $1.82 million on Nov 18. In the deal valued at $20.39 per share,89,186 shares were sold. As a result of this transaction, WUDI JASON now holds 313,225 shares worth roughly $ 5.95 million.

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Then, LAM LINH sold 1,941 shares, generating $49,554 in total proceeds. Upon selling the shares at $25.53, the CIO now owns 113,011 shares.

Before that, HAGER DEAN sold 30,006 shares. Jamf Holding Corp. shares valued at $812,923 were divested by the Chief Exec Officer, Director at a price of $27.09 per share. As a result of the transaction, HAGER DEAN now holds 320,126 shares, worth roughly $6.08 million.

Barclays upgraded its Jamf Holding Corp. [JAMF] rating to an Overweight from a an Equal weight in a research note published on Tuesday, October 18, 2022; the price target was increased to $28 from $26. PT values the company’s stock at a premium of 32.21 to its Tuesday closing price. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. Craig Hallum started covering the stock on May 24, 2021. It rated JAMF as “a Buy”.

Price Performance Review of JAMF

On Tuesday, Jamf Holding Corp. [NASDAQ:JAMF] saw its stock fall -2.52% to $18.98. On the same session, the stock had its day’s lowest price of $18.93, but rose to a high of $19.60. Over the last five days, the stock has lost -5.34%. Jamf Holding Corp. shares have fallen nearly -10.89% since the year began. Nevertheless, the stocks have fallen -41.90% over the past one year. While a 52-week high of $36.69 was reached on 01/03/23, a 52-week low of $17.16 was recorded on 01/06/23. SMA at 50 days reached $20.85, while 200 days put it at $24.28. A total of 0.51 million shares were traded, compared to the trading of 0.32 million shares in the previous session.

Levels Of Support And Resistance For JAMF Stock

The 24-hour chart illustrates a support level at 18.74, which if violated will result in even more drops to 18.50. On the upside, there is a resistance level at 19.41. A further resistance level may holdings at 19.84. The Relative Strength Index (RSI) on the 14-day chart is 41.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.27%. Stochastics %K at 47.35% indicates the stock is a holding.

How much short interest is there in Jamf Holding Corp.?

A steep rise in short interest was recorded in Jamf Holding Corp. stocks on Oct 13, 2022, dropping by 10000.0 shares to a total of 3.62 million shares. Yahoo Finance data shows the prior-month short interest on Sep 14, 2022 was 3.63 million shares. There was a decline of -0.28%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 7.87% of the overall stock float, the days-to-cover ratio (short ratio) fell to 7.05.

Jamf Holding Corp. [JAMF] – Who Are The Largest Shareholders?

In filings from Wellington Management Co. LLP, it is revealed that the company now owns 6,652,094 shares, or roughly 5.48% of the outstanding JAMF shares. In other words, the investor’s shares have risen by 675,156 from its previous 13-F filing of 5976938.0. Additionally, The Vanguard Group, Inc. increased 0.96% of its stake after which the total value it holdings stand at $122,330,416, while Keenan Capital LLC added 9.14% of its stake to hold $54.88 million in the firm. Over the last quarter, BlackRock Fund Advisors sold -78,804 shares of Jamf Holding Corp., while Mairs & Power, Inc. sold 77,237 shares. At present, ClearBridge Investments LLC is holding 1,891,272 shares valued at $40.28 million. Lord, Abbett & Co. LLC owned 1,382,514 shares of the company at the time of its most recent 13F filing, worth $29.45 million.

According to FactSet, Jamf Holding Corp.’s share price will average $28.22 in the next year, based on opinions of analysts polled by the firm. This is up nearly 43.81 percent from its previous closing price of $19.47. Analysts expect Jamf Holding Corp. stock to reach the higher price of $35.00, while the lowest price estimate is $21.00. However, 10 analysts have rated JAMF stock as an Overweight in their predictions for 2023.

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