JFrog (NASDAQ:FROG) CEO Sells $7,873,891.20 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the transaction, the chief executive officer directly owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. This represents a 1.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 2nd, Ben Haim Shlomi sold 43,056 shares of JFrog stock. The shares were sold at an average price of $86.54, for a total transaction of $3,726,066.24.
• On Tuesday, May 26th, Ben Haim Shlomi sold 48,763 shares of JFrog stock. The shares were sold at an average price of $75.04, for a total transaction of $3,659,175.52.
• On Wednesday, May 6th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $52.27, for a total transaction of $1,306,750.00.
• On Tuesday, April 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $48.88, for a total transaction of $1,222,000.00.

JFrog Stock Down 0.9%

Shares of FROG opened at $77.74 on Friday. The stock has a market capitalization of $9.42 billion, a P/E ratio of -146.68 and a beta of 1.23. The firm has a fifty day simple moving average of $61.92 and a two-hundred day simple moving average of $56.82. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $89.16.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts expect that JFrog Ltd. will post -0.17 EPS for the current fiscal year.

Institutional Investors Weigh In On JFrog

Several institutional investors and hedge funds have recently modified their holdings of the stock. Lavelle Capital LP purchased a new stake in shares of JFrog in the 1st quarter worth about $1,046,000. Alpine Woods Capital Investors LLC purchased a new stake in shares of JFrog in the 1st quarter worth about $294,000. Western Wealth Management LLC purchased a new stake in shares of JFrog in the 1st quarter worth about $30,000. Bank of America Corp DE lifted its position in shares of JFrog by 48.2% in the 1st quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock worth $118,165,000 after purchasing an additional 819,326 shares during the period. Finally, Atreides Management LP lifted its position in shares of JFrog by 37.3% in the 1st quarter. Atreides Management LP now owns 554,987 shares of the company’s stock worth $26,046,000 after purchasing an additional 150,711 shares during the period. 85.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FROG has been the subject of several analyst reports. Bank of America increased their price target on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. KeyCorp increased their price target on shares of JFrog from $83.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Cantor Fitzgerald reissued an “overweight” rating and set a $80.00 price target on shares of JFrog in a research report on Wednesday, April 22nd. William Blair reissued an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. Finally, Stifel Nicolaus increased their price target on shares of JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Twenty analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $78.45.

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.