JFrog (NASDAQ:FROG) Director Sells $68,462.80 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,372 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $49.90, for a total transaction of $68,462.80. Following the completion of the transaction, the director directly owned 30,679 shares of the company’s stock, valued at approximately $1,530,882.10. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Yvonne Wassenaar also recently made the following trade(s):

• On Thursday, August 28th, Yvonne Wassenaar sold 1,368 shares of JFrog stock. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00.

JFrog Trading Down 0.0%

FROG opened at $48.07 on Friday. The company has a 50 day moving average of $46.77 and a 200 day moving average of $41.09. The company has a market cap of $5.61 billion, a PE ratio of -62.43 and a beta of 1.05. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $51.94.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (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 business had revenue of $127.20 million for the quarter, compared to analysts’ expectations of $122.80 million. During the same period in the prior year, the company posted $0.15 EPS. The business’s revenue for the quarter was up 23.5% compared to the same quarter last year. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FROG has been the topic of several recent analyst reports. Wall Street Zen cut shares of JFrog from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Cowen reiterated a “buy” rating on shares of JFrog in a research note on Friday, August 8th. Needham & Company LLC restated a “buy” rating and set a $55.00 price objective on shares of JFrog in a research report on Wednesday, September 10th. Barclays raised their price objective on shares of JFrog from $45.00 to $52.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $60.00 price objective on shares of JFrog in a research report on Monday, September 15th. Fifteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.25.

Hedge Funds Weigh In On JFrog

Large investors have recently added to or reduced their stakes in the business. Signaturefd LLC raised its position in JFrog by 90.9% in the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after purchasing an additional 597 shares during the period. PNC Financial Services Group Inc. raised 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 period. Bayforest Capital Ltd purchased a new position in JFrog in the 1st quarter worth $104,000. Smartleaf Asset Management LLC raised its position in JFrog by 26.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock worth $123,000 after purchasing an additional 800 shares during the period. Finally, Gordian Capital Singapore Pte Ltd purchased a new position in JFrog in the 1st quarter worth $128,000. Hedge funds and other institutional investors 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.