Chief Innovation Officer Jason Wudi Sells 33,830 Shares of Jamf Holding Corp (JAMF)
Jason Wudi, Chief Innovation Officer of Jamf Holding Corp (NASDAQ:JAMF), has sold 33,830 shares of the company on March 18, 2024, according to a recent SEC filing. The transaction was executed at an average price of $17.89 per share, resulting in a total value of $605,477.70.
Jamf Holding Corp (NASDAQ:JAMF) specializes in software solutions for Apple devices, providing an enterprise management platform that helps organizations manage and secure their Apple ecosystem. The company's offerings include device management, application lifecycle management, personalized support, and security features tailored for Apple products.
Over the past year, the insider has sold a total of 94,568 shares of Jamf Holding Corp (NASDAQ:JAMF) and has not made any purchases of the stock. The recent sale by the insider is part of a series of transactions that have taken place over the last twelve months.
The insider transaction history for Jamf Holding Corp (NASDAQ:JAMF) indicates a trend of insider sales, with 19 insider sells recorded over the past year and no insider buys during the same period.
On the date of the insider's recent sale, shares of Jamf Holding Corp (NASDAQ:JAMF) were trading at $17.89, giving the company a market capitalization of $2.288 billion.
The stock's price of $17.89 compared to the GuruFocus Value of $32.98 results in a price-to-GF-Value ratio of 0.54, suggesting that the stock may be a Possible Value Trap, Think Twice according to its GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, an adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
