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Monday, July 20, 2020

Jamf Holding (JAMF) Stock IPO Coming Soon

Jamf Software (Jamf Holding) will IPO this week under the ticker symbol "JAMF."  The JAMF stock IPO should be well received because they are an Apple (AAPL) Enterprise Management software company and have over 40,000 customers.

Jamf is the standard in Apple Enterprise Management, and their cloud software platform is the only vertically-focused Apple infrastructure and security platform of scale in the world. They help 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. With Jamf's software, Apple devices can be deployed to employees brand new in the shrink-wrapped box, set up automatically and personalized at first power-on and administered continuously throughout the life of the device.

Jamf was founded in 2002, around the same time that Apple was leading an industry transformation. Apple transformed the way people access and utilize technology through its focus on creating a superior consumer experience. With the release of revolutionary products like the Mac, iPod, iPhone and iPad, Apple built the world's most valuable brand and became ubiquitous in everyday life.

Jamf believes employees have come to expect the same high-quality Apple user experience at work as they enjoy in their personal lives. This is often not possible as many organizations rely on legacy solutions to administer Apple devices or do not give employees a choice of device. Jamf's software solutions preserve and extend the native Apple experience, allowing employees to use their Apple devices as they do in their personal lives, while retaining their privacy and fulfilling IT's enterprise requirements around deployment, access and security.

Jamf has built its company through a singular focus on being the primary solution for Apple in the enterprise. Through our long-standing relationship with Apple, they have accumulated significant Apple technical experience and expertise that give us the ability to fully and quickly leverage and extend the capabilities of Apple products, operating systems, or OSs, and services. This expertise enables them to fully support new innovations and OS releases the moment they are made available by Apple. This focus has allowed the company to create a best-in-class user experience for Apple in the enterprise and grow to more than 40,000 customers deploying over 17 million Apple devices in more than 100 countries and territories as of June 30, 2020.

Jamf sells their Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online and indirectly via our channel partners, including Apple.

Jamf Holding (JAMF) IPO Details:

Float Shares: 16 million (18.4 million fully purchased)
Shares Outstanding: 116.4 Million
IPO Price Range - $21-$23

While we've seen the IPO market cool off recently, it will be interesting to see how Jamf performs being so linked to Apple (AAPL).  JAMF will be the IPO of the week so watch this stock closely!
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