Jamf Holding Corp’s recent filing unveils that its 10% Owner VEPF VI CO INVEST 1 GP, L.P. unloaded Company’s shares for reported $163.46 million on May 16 ’24. In the deal valued at $18.25 per share,8,956,522 shares were sold. As a result of this transaction, VEPF VI CO INVEST 1 GP, L.P. now holds 45,358,762 shares worth roughly $819.18 million.
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Then, VEP Group, LLC sold 8,956,522 shares, generating $163,456,526 in total proceeds. Upon selling the shares at $18.25, the 10% Owner now owns 45,358,762 shares.
Before that, GOODKIND IAN sold 51,439 shares. Jamf Holding Corp shares valued at $1,032,278 were divested by the Chief Financial Officer at a price of $20.07 per share. As a result of the transaction, GOODKIND IAN now holds 244,699 shares, worth roughly $4.42 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 Monday, Jamf Holding Corp [NASDAQ:JAMF] saw its stock jump 0.33% to $18.06. Over the last five days, the stock has lost -11.51%. Nevertheless, the stocks have risen 2.91% over the past one year. While a 52-week high of $22.89 was reached on 05/09/24, a 52-week low of $14.83 was recorded on 01/04/24. SMA at 50 days reached $18.61, while 200 days put it at $17.89. A total of 0.7 million shares were traded, compared to the trading of 1.15 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 17.68. On the upside, there is a resistance level at 18.23. A further resistance level may holdings at 18.40. The Relative Strength Index (RSI) on the 14-day chart is 42.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.73%. Stochastics %K at 20.19% 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.
