JFrog Ltd. (NASDAQ:FROG – Get Free Report) Director Frederic Simon sold 35,000 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $38.97, for a total value of $1,363,950.00. Following the transaction, the director now directly owns 4,654,432 shares in the company, valued at approximately $181,383,215.04. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Frederic Simon also recently made the following trade(s):
- On Tuesday, March 19th, Frederic Simon sold 35,000 shares of JFrog stock. The stock was sold at an average price of $42.59, for a total value of $1,490,650.00.
- On Tuesday, February 20th, Frederic Simon sold 35,000 shares of JFrog stock. The shares were sold at an average price of $42.39, for a total transaction of $1,483,650.00.
- On Thursday, February 15th, Frederic Simon sold 150,000 shares of JFrog stock. The stock was sold at an average price of $47.27, for a total transaction of $7,090,500.00.
JFrog Stock Performance
NASDAQ:FROG opened at $40.47 on Friday. The company has a 50-day moving average of $42.27 and a 200-day moving average of $34.21. JFrog Ltd. has a 52 week low of $17.11 and a 52 week high of $48.81. The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of -67.45 and a beta of 0.99.
Wall Street Analysts Forecast Growth
FROG has been the subject of a number of research analyst reports. TheStreet raised shares of JFrog from a “d+” rating to a “c-” rating in a research report on Friday, December 29th. Cantor Fitzgerald increased their target price on JFrog from $40.00 to $45.00 in a research note on Thursday, March 7th. Truist Financial lifted their price target on JFrog from $41.00 to $50.00 in a research report on Thursday, March 7th. Needham & Company LLC increased their price objective on JFrog from $40.00 to $55.00 in a research report on Thursday, March 7th. Finally, Oppenheimer boosted their target price on shares of JFrog from $41.00 to $48.00 in a research report on Thursday, March 7th. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.46.
Check Out Our Latest Research Report on FROG
Institutional Trading of JFrog
Institutional investors have recently bought and sold shares of the stock. Summit Trail Advisors LLC lifted its holdings in shares of JFrog by 478.2% during the first quarter. Summit Trail Advisors LLC now owns 64,547 shares of the company’s stock valued at $2,854,000 after acquiring an additional 53,384 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in shares of JFrog during the 1st quarter worth about $26,000. Raymond James & Associates lifted its holdings in JFrog by 757.8% during the 1st quarter. Raymond James & Associates now owns 132,121 shares of the company’s stock valued at $5,842,000 after purchasing an additional 116,718 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in JFrog by 0.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 490,402 shares of the company’s stock valued at $21,686,000 after buying an additional 3,344 shares in the last quarter. Finally, Harbour Capital Advisors LLC grew its stake in JFrog by 32.2% during the first quarter. Harbour Capital Advisors LLC now owns 14,563 shares of the company’s stock worth $632,000 after buying an additional 3,550 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.
JFrog Company Profile
JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.
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