Ben Haim Shlomi Sells 25,000 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 25,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $59.66, for a total transaction of $1,491,500.00. Following the sale, the chief executive officer owned 4,766,893 shares of the company’s stock, valued at $284,392,836.38. This represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, November 6th, Ben Haim Shlomi sold 15,000 shares of JFrog stock. The stock was sold at an average price of $46.01, for a total transaction of $690,150.00.

JFrog Stock Down 1.3%

Shares of NASDAQ:FROG traded down $0.81 during midday trading on Friday, hitting $59.27. 1,162,461 shares of the stock traded hands, compared to its average volume of 1,966,074. The business’s 50 day moving average is $61.53 and its two-hundred day moving average is $51.20. The stock has a market capitalization of $7.01 billion, a PE ratio of -84.67 and a beta of 1.13. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43.

JFrog (NASDAQ:FROG) last announced 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 company had revenue of $136.91 million for the quarter, compared to the consensus estimate of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.JFrog’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. As a group, sell-side analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on FROG. Barclays restated an “overweight” rating and issued a $67.00 price objective on shares of JFrog in a report on Friday, January 2nd. Canaccord Genuity Group increased their price objective on JFrog from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, November 7th. TD Cowen increased their price target on shares of JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. JPMorgan Chase & Co. boosted their price objective on shares of JFrog from $55.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Finally, Oppenheimer upgraded shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price objective on the stock in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $65.53.

Institutional Investors Weigh In On JFrog

A number of institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its holdings in shares of JFrog by 3,033.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after purchasing an additional 281,844 shares in the last quarter. Sound View Wealth Advisors Group LLC bought a new stake in JFrog in the 2nd quarter worth about $233,000. Lisanti Capital Growth LLC raised its position in JFrog by 10.2% in the 2nd quarter. Lisanti Capital Growth LLC now owns 110,195 shares of the company’s stock worth $4,835,000 after buying an additional 10,230 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its position in JFrog by 5.4% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 976,812 shares of the company’s stock worth $42,863,000 after buying an additional 50,000 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in JFrog by 3.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,903,396 shares of the company’s stock valued at $83,521,000 after acquiring an additional 56,213 shares during the period. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.