JFrog (NASDAQ:FROG) CRO Tali Notman Sells 22,015 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 22,015 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $83.95, for a total transaction of $1,848,159.25. Following the sale, the executive owned 706,629 shares in the company, valued at approximately $59,321,504.55. This trade represents a 3.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tali Notman also recently made the following trade(s):

• On Tuesday, June 2nd, Tali Notman sold 22,854 shares of JFrog stock. The shares were sold at an average price of $86.54, for a total transaction of $1,977,785.16.

JFrog Trading Down 5.1%

Shares of FROG stock opened at $81.26 on Wednesday. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $89.16. The stock has a market cap of $9.84 billion, a PE ratio of -153.32 and a beta of 1.23. The company’s fifty day moving average price is $59.95 and its 200-day moving average price is $56.39.

JFrog (NASDAQ:FROG) last posted 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 firm had revenue of $153.98 million during the quarter, compared to analyst estimates of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.JFrog’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. On average, sell-side analysts forecast that JFrog Ltd. will post -0.17 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JFrog

Hedge funds have recently bought and sold shares of the business. Millstone Evans Group LLC increased its position in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares during the last quarter. Blue Trust Inc. purchased a new stake in shares of JFrog during the 4th quarter valued at about $30,000. Western Wealth Management LLC purchased a new stake in shares of JFrog during the 1st quarter valued at about $30,000. Bessemer Group Inc. purchased a new stake in shares of JFrog during the 1st quarter valued at about $36,000. Finally, Farther Finance Advisors LLC increased its position in shares of JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 478 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. TD Cowen dropped their price target on shares of JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Piper Sandler dropped their price target on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Bank of America upped their price target on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday. BTIG Research upped their price target on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Canaccord Genuity Group dropped their price target on shares of JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Twenty analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and an average price target of $77.80.

About JFrog

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.