Jamf holding corp. CAO sells shares value $52,355

Anthony Grabenau, the Chief Accounting Officer (CAO) of Jamf Holding Corp. (NASDAQ:JAMF), not too long ago bought shares of the corporate, in response to a regulatory submitting. The transaction occurred on January 16, 2025, when Grabenau bought 3,706 shares at a weighted common worth of roughly $14.1271 per share. The shares had been bought for a complete worth of $52,355. The inventory, at present buying and selling at $14.49, has seen a -24% return over the previous 12 months, although InvestingPro evaluation suggests the corporate is at present undervalued. With a market cap of $1.87 billion and a Monetary Well being rating of FAIR, Jamf continues to point out income development of ~14% within the final twelve months.

The gross sales had been carried out below a pre-arranged buying and selling plan established on Might 17, 2024, below Rule 10b5-1. This rule permits firm insiders to arrange a predetermined plan to promote shares they personal, serving to to keep away from issues about insider buying and selling. For deeper insights into Jamf’s valuation metrics and complete evaluation, take a look at the detailed Professional Analysis Report, out there completely on InvestingPro.

Following this transaction, Grabenau holds 33,479 shares of Jamf Holding Corp. The shares had been bought in a number of transactions at costs starting from $14.05 to $14.26.

In different latest information, Jamf, recognized for its Apple (NASDAQ:AAPL) machine administration and safety options, has reported optimistic developments. The corporate disclosed a 12% year-over-year improve in income, reaching an Annual Recurring Income (ARR) of $635 million. Its non-GAAP working revenue surged to $27.7 million, a big 800 foundation level enchancment from the earlier 12 months.

Jamf additionally introduced the provision of its flagship product, Jamf Professional, on the Microsoft (NASDAQ:MSFT) Azure cloud platform. This transfer is coupled with Jamf Professional’s top-tier accomplice designation inside Microsoft Azure’s IP co-sell program, reflecting a deepening collaboration between the 2 tech giants.

Moreover, Jamf has unveiled strategic partnerships with Microsoft and Okta (NASDAQ:OKTA), and launched a brand new Accomplice Hub. The corporate expects a development of seven% to eight% in This fall, with projected This fall 2024 income ranging between $161.9 million and $162.9 million. These latest developments point out a transparent give attention to growth in 2024.

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