JFrog (NASDAQ:FROG) CEO Sells $690,150.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 15,000 shares of JFrog stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $46.01, for a total transaction of $690,150.00. Following the completion of the transaction, the chief executive officer owned 4,869,152 shares of the company’s stock, valued at $224,029,683.52. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Tuesday, October 7th, Ben Haim Shlomi sold 15,000 shares of JFrog stock. The stock was sold at an average price of $48.08, for a total value of $721,200.00.
• On Monday, September 8th, Ben Haim Shlomi sold 38,159 shares of JFrog stock. The shares were sold at an average price of $50.32, for a total value of $1,920,160.88.
• On Tuesday, September 2nd, Ben Haim Shlomi sold 29,101 shares of JFrog stock. The shares were sold at an average price of $47.78, for a total value of $1,390,445.78.

JFrog Stock Performance

JFrog stock opened at $61.67 on Thursday. The business’s fifty day moving average is $49.60 and its two-hundred day moving average is $44.76. The firm has a market cap of $7.30 billion, a P/E ratio of -88.10 and a beta of 1.02. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $65.50.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $136.91 million during the quarter, compared to analysts’ expectations of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. On average, equities research analysts predict that JFrog Ltd. will post -0.33 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of JFrog by 2.5% during the third quarter. Vanguard Group Inc. now owns 9,143,178 shares of the company’s stock worth $432,747,000 after purchasing an additional 224,513 shares during the period. TimesSquare Capital Management LLC boosted its holdings in JFrog by 6.5% during the first quarter. TimesSquare Capital Management LLC now owns 3,622,911 shares of the company’s stock worth $115,933,000 after buying an additional 222,635 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in shares of JFrog by 65.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after buying an additional 1,037,482 shares during the period. Wasatch Advisors LP raised its position in shares of JFrog by 3.0% in the 2nd quarter. Wasatch Advisors LP now owns 2,557,603 shares of the company’s stock valued at $112,228,000 after acquiring an additional 74,153 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of JFrog by 1,974.0% in the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock valued at $68,832,000 after acquiring an additional 2,047,294 shares during the period. 85.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

FROG has been the topic of a number of research reports. Oppenheimer upgraded shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 target price on the stock in a research report on Friday, November 7th. DA Davidson upgraded shares of JFrog to a “strong-buy” rating in a research report on Friday, November 7th. KeyCorp increased their price objective on JFrog from $57.00 to $71.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. TD Cowen boosted their target price on JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Truist Financial reiterated a “buy” rating and issued a $70.00 price target (up previously from $55.00) on shares of JFrog in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.69.

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.