Jamf Holding Corp. Stock Price, News & Analysis

Jamf has successfully acquired Wandera, enhancing its capacity in Apple Enterprise Management. This strategic acquisition aims to provide robust cloud security and secure access for users, especially in a hybrid work environment.

With this integration, Jamf will leverage Wandera's zero trust capabilities to ensure secure connections for Apple devices, protecting data and applications from potential threats. The acquisition is expected to foster improved productivity for organizations by allowing secure, remote access to company resources while maintaining the intended Apple experience for end users.

Jamf has launched new security features, including a passwordless authentication app, Compliance Reporter, and its intent to acquire Wandera. The Jamf Unlock application enables iPhone users to access their Macs using Face ID, enhancing security. Jamf Protect has grown to include anti-virus capabilities and threat detection, responding to vulnerabilities in macOS. Compliance Reporter simplifies auditing, and the acquisition of Wandera aims to bolster mobile security with Zero Trust principles. These advancements are designed to support organizations in securing data and complying with policies.

Jamf Holding Corp. (NASDAQ: JAMF) has announced a public follow-on offering of 8,500,000 shares of its common stock at $33.00 per share, with a potential additional 1,275,000 shares available. The offering is scheduled to close on June 14, 2021. Notably, Jamf will not receive proceeds from this sale as it is conducted by selling shareholders. The underwriters for this offering include J.P. Morgan, BofA Securities, and Barclays, among others. A registration statement has been filed and declared effective by the SEC.

Jamf and MATTER have inaugurated the Bayat-MATTER Innovation Hub in Kabul, Afghanistan, aiming to enhance educational access for students in low-resourced areas globally. This hub is part of a wider initiative that includes twelve similar facilities in regions such as Haiti and Uganda. The initiative provides students with technology-driven learning experiences, stocking hubs with iPads and educational tools. The focus is on in-demand skills to prepare youth for the future, particularly empowering young women in Afghanistan through advanced learning opportunities.

Jamf Holding Corp. (NASDAQ: JAMF) has initiated a public follow-on offering of 8,500,000 shares of its common stock by certain shareholders, with an option for underwriters to purchase an additional 1,275,000 shares. Jamf will not receive any proceeds from this sale. The offering is conducted under a registration statement filed with the SEC and is managed by J.P. Morgan, BofA Securities, and Barclays. Note that the shares cannot be sold until the registration statement becomes effective.

This press release also includes forward-looking statements about Jamf's financial outlook and potential risks.

Jamf Adds New Board Members

On May 25, 2021, Jamf announced the appointment of Vina Leite and Virginia Gambale to its Board of Directors. Leite, Chief People Officer at The Trade Desk, will chair the Compensation and Nominating Committee, while Gambale, Managing Partner at Azimuth Partners, will serve on the Audit Committee. Both bring extensive experience in human resources and finance, aimed at strengthening Jamf's leadership as it continues to grow in Apple Enterprise Management.

Jamf (NASDAQ: JAMF), a leader in Apple Enterprise Management, will present at the William Blair 41st Annual Growth Stock Virtual Conference on June 3rd at 9:00 AM Eastern Time. The event will be accessible via a webcast on the company's investor relations website. Jamf aims to enhance the Apple experience for enterprises, schools, and government organizations through its software and community of IT administrators, Jamf Nation.

Jamf (NASDAQ: JAMF) announced the public preview of its new Single Login workflow, designed to enhance shared-device deployments. This integration works with Jamf Setup and Jamf Reset, enabling users to provision and de-provision iOS devices using their cloud identity credentials. Key features include streamlining user workflows, delivering native cross-app single sign-on, enhancing security for IT teams, and simplifying device transitions. With support from leading app providers for frontline workers, Jamf aims to provide a seamless experience that mirrors personal device usability.

Jamf (NASDAQ: JAMF) is set to present at two upcoming investor conferences. The first event is the Needham 16th Annual Technology & Media Virtual Conference on May 20, 2021, at 11:45 AM Eastern Time. The second event is the J.P. Morgan 49th Annual Global Technology, Media and Communications Virtual Conference on May 24, 2021, at 4:15 PM Eastern Time. Webcasts for both events will be available on the company's investor relations website.

Jamf specializes in Apple Enterprise Management, supporting businesses, schools, and government organizations.