Yvonne Wassenaar Sells 1,372 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,372 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $47.94, for a total transaction of $65,773.68. Following the completion of the sale, the director owned 29,307 shares in the company, valued at $1,404,977.58. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, September 30th, Yvonne Wassenaar sold 1,372 shares of JFrog stock. The stock was sold at an average price of $49.90, for a total value of $68,462.80.
• 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 value of $67,032.00.

JFrog Stock Up 1.3%

Shares of NASDAQ FROG opened at $48.30 on Friday. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of -62.73 and a beta of 1.05. The stock’s fifty day simple moving average is $48.19 and its 200 day simple moving average is $42.53. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $51.94.

JFrog (NASDAQ:FROG) last issued its 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. The business had revenue of $127.20 million during the quarter, compared to analysts’ expectations of $122.80 million. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.JFrog’s revenue was up 23.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.15 earnings per share. 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, analysts anticipate that JFrog Ltd. will post -0.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FROG. DA Davidson raised their target price on JFrog from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Canaccord Genuity Group raised their target price on JFrog from $52.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Barclays raised their target price on JFrog from $52.00 to $57.00 and gave the stock an “overweight” rating in a research report on Tuesday. KeyCorp raised their target price on JFrog from $52.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Finally, Raymond James Financial boosted their target price on JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Fifteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $53.44.

Institutional Investors Weigh In On JFrog

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC raised its stake in shares of JFrog by 27.3% during the 3rd quarter. SG Americas Securities LLC now owns 26,255 shares of the company’s stock worth $1,243,000 after purchasing an additional 5,626 shares in the last quarter. Calamos Advisors LLC lifted its position in shares of JFrog by 382.5% in the third quarter. Calamos Advisors LLC now owns 58,848 shares of the company’s stock worth $2,785,000 after buying an additional 46,652 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of JFrog by 40.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 29,186 shares of the company’s stock worth $1,381,000 after acquiring an additional 8,466 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of JFrog by 21.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 94,046 shares of the company’s stock worth $4,451,000 after acquiring an additional 16,694 shares in the last quarter. Finally, Voya Investment Management LLC boosted its stake in shares of JFrog by 89.7% during the 3rd quarter. Voya Investment Management LLC now owns 1,057,257 shares of the company’s stock worth $50,040,000 after acquiring an additional 500,059 shares in the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

About JFrog

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.