Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Jamf Holding Corp shares valued at $466,988 were sold by LAM LINH on Mar 20 ’24. At $17.98 per share, LAM LINH sold 25,978 shares. The insider’s holdings dropped to 202,785 shares worth approximately $3.75 million following the completion of this transaction.
Also, STROSAHL JOHN sold 24,966 shares, netting a total of over 448,656 in proceeds. Following the sale of shares at $17.97 each, the insider now holds 1,068,965 shares.
Before that, BENZ ELIZABETH had sold 17,265 shares from its account. In a trade valued at $310,074, the CSO traded Jamf Holding Corp shares for $17.96 each. Upon closing the transaction, the insider’s holdings decreased to 17,265 shares, worth approximately $4.05 million.
As published in a research note from Barclays on January 12, 2024, Jamf Holding Corp [JAMF] has been rated down from an Overweight to an Equal weight and the price target has been revised to $20. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid October. As of August 05, 2022, Craig Hallum has decreased its “Buy” rating to a “Hold” for JAMF.
Analyzing JAMF Stock Performance
Over the course of the year, Jamf Holding Corp shares have jumped approximately 2.49%. Shares of the company reached a 52-week high of $21.07 on 02/16/24 and a 52-week low of $16.54 on 01/04/24. A 50-day SMA is recorded $18.54, while a 200-day SMA reached $18.06. Nevertheless, trading volume fell to 0.51 million shares from 0.32 million shares the previous day.
Support And Resistance Levels for Jamf Holding Corp (JAMF)
According to the 24-hour chart, there is a support level at 18.15, which, if violated, would cause prices to drop to 17.79. In the upper region, resistance lies at 18.86. The next price resistance is at 19.21. RSI (Relative Strength Index) is 54.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.23, which suggests the price will decrease in the coming days. Percent R is at 26.96%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
