Frederic Simon Sells 120,000 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the transaction, the director directly owned 2,984,328 shares of the company’s stock, valued at approximately $271,156,042.08. This trade represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 1st, Frederic Simon sold 120,000 shares of JFrog stock. The shares were sold at an average price of $85.84, for a total transaction of $10,300,800.00.

JFrog Stock Performance

Shares of FROG stock opened at $91.60 on Wednesday. The company has a market capitalization of $11.29 billion, a price-to-earnings ratio of -247.56 and a beta of 1.22. The company has a 50-day simple moving average of $85.97 and a 200 day simple moving average of $64.80. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $99.22.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The firm had revenue of $163.77 million for the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business’s revenue was up 28.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts forecast that JFrog Ltd. will post -0.11 EPS for the current year.

Institutional Investors Weigh In On JFrog

Institutional investors and hedge funds have recently made changes to their positions in the business. Snowden Capital Advisors LLC lifted its holdings in shares of JFrog by 1.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock valued at $666,000 after acquiring an additional 253 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in JFrog by 2.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company’s stock worth $948,000 after acquiring an additional 299 shares in the last quarter. Praxis Investment Management Inc. boosted its stake in JFrog by 8.0% in the 1st quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock worth $208,000 after purchasing an additional 330 shares during the period. Integrated Wealth Concepts LLC raised its position in JFrog by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company’s stock valued at $326,000 after acquiring an additional 377 shares in the last quarter. Finally, Millstone Evans Group LLC lifted its position in JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after acquiring an additional 427 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on FROG shares. JPMorgan Chase & Co. upped their price target on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. TD Cowen raised their target price on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Piper Sandler boosted their price target on JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Needham & Company LLC upped their price objective on JFrog from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Bank of America lifted their target price on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.81.

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.