JFrog (NASDAQ:FROG) Director Sells $7,494,150.00 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 117,500 shares of JFrog stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $63.78, for a total value of $7,494,150.00. Following the completion of the transaction, the director owned 3,340,786 shares of the company’s stock, valued at approximately $213,075,331.08. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Frederic Simon also recently made the following trade(s):

• On Thursday, April 2nd, Frederic Simon sold 25,000 shares of JFrog stock. The stock was sold at an average price of $50.35, for a total value of $1,258,750.00.
• On Wednesday, April 1st, Frederic Simon sold 55,000 shares of JFrog stock. The stock was sold at an average price of $48.34, for a total value of $2,658,700.00.
• On Tuesday, March 3rd, Frederic Simon sold 10,000 shares of JFrog stock. The stock was sold at an average price of $42.08, for a total value of $420,800.00.
• On Monday, March 2nd, Frederic Simon sold 25,000 shares of JFrog stock. The stock was sold at an average price of $40.18, for a total value of $1,004,500.00.

JFrog Trading Up 4.0%

Shares of NASDAQ FROG opened at $73.43 on Thursday. The company has a market cap of $8.89 billion, a price-to-earnings ratio of -138.55 and a beta of 1.02. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $73.71. The stock’s 50 day simple moving average is $49.78 and its 200 day simple moving average is $54.05.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business’s revenue was up 25.8% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, equities analysts forecast that JFrog Ltd. will post -0.17 earnings per share for the current fiscal year.

Institutional Trading of JFrog

Several hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP raised its stake in shares of JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after buying an additional 3,358,422 shares in the last quarter. Wasatch Advisors LP raised its stake in shares of JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after buying an additional 2,710,167 shares in the last quarter. Whale Rock Capital Management LLC raised its stake in shares of JFrog by 82.2% in the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after buying an additional 2,389,415 shares in the last quarter. Invesco Ltd. raised its stake in shares of JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after buying an additional 2,073,876 shares in the last quarter. Finally, Swedbank AB bought a new stake in shares of JFrog in the 1st quarter worth $78,872,000. Institutional investors own 85.02% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on FROG. Morgan Stanley reissued an “overweight” rating and issued a $80.00 price target on shares of JFrog in a report on Friday, May 8th. Stifel Nicolaus cut their price target on JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Canaccord Genuity Group cut their target price on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. William Blair reaffirmed an “outperform” rating on shares of JFrog in a research note on Monday, February 23rd. Finally, Piper Sandler cut their target price on JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.74.

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.