Jamf Holding Corp. Stock Price, News & Analysis

Jamf (NASDAQ: JAMF) will host an investor event during the virtual Jamf Nation User Conference (JNUC) on Thursday, October 21, 2021, at 10:00 a.m. Central Time. CEO Dean Hager and CFO Jill Putman will recap key innovations from JNUC and hold a Q&A session. The event will last about one hour and be conducted via Zoom. Registration is currently open and available here. A recording will be accessible post-event for those unable to attend.

Jamf announces the appointment of Linh Lam as Chief Information Officer, enhancing its executive leadership team.

Linh Lam comes with extensive IT leadership experience, most recently serving as SVP & CIO at ICE Mortgage Technology, where she helped scale revenue from $500M to $950M in just 2.5 years. Lam's appointment is aimed at advancing Jamf's technology strategy for the modern hybrid workplace, focusing on empowering individuals with enterprise-secure technology. CEO Dean Hager expressed enthusiasm for the fresh perspectives Lam will bring to the team as Jamf continues its growth trajectory.

Jamf (NASDAQ: JAMF) announces its readiness to support Apple’s latest operating systems: iOS 15, iPadOS 15, and tvOS 15. Available for upgrade today, Jamf ensures same-day support to facilitate seamless transitions for customers. Key features include enhanced Bring Your Own Device (BYOD) programs with Account-Driven User Enrollment, improved privacy for users, and new management capabilities for IT admins. These updates aim to empower organizations while maintaining user privacy and security.

On September 14, 2021, Jamf Holding Corp. (NASDAQ: JAMF) announced the pricing of $325 million in Convertible Senior Notes due 2026. The offering, exclusive to qualified institutional buyers, anticipates net proceeds of approximately $314.2 million. These notes bear a low interest rate of 0.125% per year and mature on September 1, 2026. Proceeds will primarily repay a term loan related to the acquisition of Wandera and cover costs for capped call transactions. The convertible rate is set at 20.0024 shares per $1,000, with a conversion premium of 40% over the last reported share price.

Jamf Holding Corp. (NASDAQ: JAMF) has announced its intention to offer $325 million in Convertible Senior Notes due 2026 in a private placement. The offering is subject to market conditions and may include an additional $48.75 million for initial purchasers. The notes will be senior unsecured obligations and will accrue interest semiannually. Proceeds will primarily be used to repay a term loan linked to the acquisition of Wandera, pay for capped call transactions, and for general corporate purposes. Forward-looking statements indicate a focus on potential financial impacts and market positioning.

Dragoneer Investment Group has increased its stake in Jamf to 17% by acquiring $300 million worth of common stock from Vista Equity Partners at an average price of $33.50 per share. This transaction reflects Dragoneer's confidence in Jamf's long-term growth potential, as evidenced by Jamf's leadership in Apple Enterprise Management with over 53,000 customers and more than 23 million devices managed. The deal strengthens Dragoneer's ongoing relationship with Jamf, following its initial IPO investment in July 2020.

Jamf (NASDAQ: JAMF) has launched Jamf Educator, a dedicated training platform for educators, enhancing their ability to use Apple technology effectively in hybrid learning environments. The new features include remote proctoring capabilities for assessments and expanded classroom management tools for Mac devices, complementing existing iOS and iPad OS functionalities. These updates aim to support teachers in delivering seamless educational experiences, whether in-person or remote. The platform is available now, promoting ongoing educational success in a technology-driven landscape.