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

Jamf Holding Corp’s filing revealed that its Chief Financial Officer GOODKIND IAN unloaded Company’s shares for reported $1.03 million on May 03 ’24. In the deal valued at $20.07 per share,51,439 shares were sold. As a result of this transaction, GOODKIND IAN now holds 244,699 shares worth roughly $5.14 million.

Then, LAM LINH sold 2,200 shares, generating $44,073 in total proceeds. Upon selling the shares at $20.03, the CIO now owns 200,585 shares.

Before that, TSCHIDA BETH sold 7,526 shares. Jamf Holding Corp shares valued at $137,533 were divested by the CTO at a price of $18.27 per share. As a result of the transaction, TSCHIDA BETH now holds 340,422 shares, worth roughly $7.15 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 Tuesday, Jamf Holding Corp [NASDAQ:JAMF] saw its stock jump 0.62% to $21.00. Over the last five days, the stock has gained 7.86%. Jamf Holding Corp shares have risen nearly 16.28% since the year began. Nevertheless, the stocks have risen 18.11% 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 $18.45, while 200 days put it at $18.00. A total of 0.49 million shares were traded, compared to the trading of 0.36 million shares in the previous session.

Levels Of Support And Resistance For JAMF Stock

The 24-hour chart illustrates a support level at 20.82, which if violated will result in even more drops to 20.65. On the upside, there is a resistance level at 21.09. A further resistance level may holdings at 21.19. The Relative Strength Index (RSI) on the 14-day chart is 74.37, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.35%. Stochastics %K at 98.16% indicates the stock is a selling.

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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