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Barclays analysts downgrades an Equal weight rating for Jamf Holding Corp (JAMF)

In a filing, Jamf Holding Corp revealed its CIO LAM LINH unloaded Company’s shares for reported $0.47 million on Mar 20 ’24. In the deal valued at $17.98 per share,25,978 shares were sold. As a result of this transaction, LAM LINH now holds 202,785 shares worth roughly $3.66 million.

Then, STROSAHL JOHN sold 24,966 shares, generating $448,656 in total proceeds. Upon selling the shares at $17.97, the CEO now owns 1,068,965 shares.

Before that, BENZ ELIZABETH sold 17,265 shares. Jamf Holding Corp shares valued at $310,074 were divested by the CSO at a price of $17.96 per share. As a result of the transaction, BENZ ELIZABETH now holds 218,874 shares, worth roughly $3.95 million.

Barclays downgraded its Jamf Holding Corp [JAMF] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid October from “an Equal weight” to “an Overweight”. Craig Hallum also remained covering JAMF and has decreased its forecast on August 05, 2022 with a “Hold” recommendation from previously “Buy” rating.

Price Performance Review of JAMF

On Friday, Jamf Holding Corp [NASDAQ:JAMF] saw its stock fall -2.43% to $18.06. Over the last five days, the stock has gained 1.52%. Nevertheless, the stocks have fallen -5.45% over the past one year. While a 52-week high of $22.89 was reached on 02/16/24, a 52-week low of $14.83 was recorded on 01/04/24. SMA at 50 days reached $18.59, while 200 days put it at $18.08. A total of 0.63 million shares were traded, compared to the trading of 0.33 million shares in the previous session.

Levels Of Support And Resistance For JAMF Stock

The 24-hour chart illustrates a support level at 17.87, which if violated will result in even more drops to 17.69. On the upside, there is a resistance level at 18.32. A further resistance level may holdings at 18.59. The Relative Strength Index (RSI) on the 14-day chart is 48.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.68%. Stochastics %K at 60.30% indicates the stock is a holding.

The most recent change occurred on May 24, 2021 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $43 price target.

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