Ben Haim Shlomi Sells 38,159 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 38,159 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $50.32, for a total transaction of $1,920,160.88. Following the completion of the sale, the chief executive officer owned 4,899,512 shares of the company’s stock, valued at approximately $246,543,443.84. The trade was a 0.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ben Haim Shlomi also recently made the following trade(s):

• On Tuesday, September 2nd, Ben Haim Shlomi sold 29,101 shares of JFrog stock. The stock was sold at an average price of $47.78, for a total transaction of $1,390,445.78.
• On Tuesday, July 8th, Ben Haim Shlomi sold 15,000 shares of JFrog stock. The stock was sold at an average price of $41.75, for a total transaction of $626,250.00.

JFrog Stock Up 0.1%

Shares of FROG opened at $49.94 on Friday. The company’s fifty day moving average is $44.46 and its 200-day moving average is $39.63. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $50.98. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of -64.86 and a beta of 1.07.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The company had revenue of $127.20 million for the quarter, compared to analyst estimates of $122.80 million. During the same quarter in the prior year, the business posted $0.15 EPS. JFrog’s quarterly revenue was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, research analysts predict that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on FROG. Canaccord Genuity Group increased their price target on shares of JFrog from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday. KeyCorp increased their price target on shares of JFrog from $52.00 to $57.00 and gave the stock an “overweight” rating in a research note on Friday. Cantor Fitzgerald raised their target price on shares of JFrog from $46.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Cowen reiterated a “buy” rating on shares of JFrog in a research note on Friday, August 8th. Finally, Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a research note on Saturday. Fourteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $49.60.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FROG. Snowden Capital Advisors LLC grew its position in JFrog by 1.7% in the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after purchasing an additional 253 shares during the last quarter. PNC Financial Services Group Inc. grew its position in JFrog by 32.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after purchasing an additional 329 shares during the last quarter. Park Avenue Securities LLC grew its position in JFrog by 4.6% in the 2nd quarter. Park Avenue Securities LLC now owns 9,155 shares of the company’s stock worth $402,000 after purchasing an additional 405 shares during the last quarter. California State Teachers Retirement System grew its position in JFrog by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 80,898 shares of the company’s stock worth $2,379,000 after purchasing an additional 439 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its position in JFrog by 5.8% in the 2nd quarter. Verdence Capital Advisors LLC now owns 9,386 shares of the company’s stock worth $412,000 after purchasing an additional 517 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.