Barclays Remains a Hold on Jamf Holding (JAMF)

Barclays analyst Raimo Lenschow maintained a Hold rating on Jamf Holding (JAMF – Research Report) today and set a price target of $20.00. The company’s shares closed yesterday at $19.71.

Lenschow covers the Technology sector, focusing on stocks such as Microsoft, Pegasystems, and Salesforce. According to TipRanks, Lenschow has an average return of 0.4% and a 46.88% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jamf Holding with a $23.38 average price target.

Based on Jamf Holding’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $150.65 million and a GAAP net loss of $17.41 million. In comparison, last year the company earned a revenue of $130.32 million and had a GAAP net loss of $21.23 million

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JAMF in relation to earlier this year.

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Jamf Holding (JAMF) Company Description:

Jamf Holding Corp is the standard in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. The company helps organizations, including businesses, hospitals, schools and government agencies, connect, manage and protect Apple products, apps and corporate resources in the cloud without ever having to touch the devices. It sells its Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online and indirectly via its channel partners, including Apple. The company operates in The Americas; Europe, the Middle East, India, and Africa; and Asia Pacific.