JFrog Ltd. (NASDAQ:FROG – Get Free Report) CFO Eduard Grabscheid sold 8,436 shares of JFrog stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $91.60, for a total transaction of $772,737.60. Following the transaction, the chief financial officer directly owned 192,060 shares in the company, valued at $17,592,696. The trade was a 4.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Eduard Grabscheid also recently made the following trade(s):
- On Wednesday, September 2nd, Eduard Grabscheid sold 8,780 shares of JFrog stock. The shares were sold at an average price of $90.51, for a total transaction of $794,677.80.
JFrog Price Performance
FROG traded down $3.01 during mid-day trading on Friday, hitting $87.60. The stock had a trading volume of 1,655,976 shares, compared to its average volume of 2,924,493. The stock’s fifty day simple moving average is $89.29 and its 200-day simple moving average is $68.29. The firm has a market capitalization of $10.80 billion, a price-to-earnings ratio of -236.75 and a beta of 1.28. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $105.76.
Key Stories Impacting JFrog
Here are the key news stories impacting JFrog this week:
- Positive Sentiment: DA Davidson and BTIG Research reaffirmed “Buy” ratings with $115 price targets. TD Cowen also maintained a “Buy” rating with a $120 target, while RBC reiterated “Outperform” with a $118 target. The recommendations indicate continued confidence in JFrog’s growth prospects in DevOps, software supply-chain security and artificial intelligence.
- Positive Sentiment: JFrog’s product announcements around zero-touch remediation, continuous compliance, AI-era software supply-chain security and its partnership with Wiz could expand the company’s addressable market and strengthen its competitive position. JFrog zero-touch remediation announcement
- Neutral Sentiment: JFrog’s CEO Shlomi Ben Haim sold 37,232 shares worth approximately $3.4 million to cover tax withholding related to vested equity awards. Because he retained roughly 4.5 million shares, the transaction is less significant as a discretionary bearish signal. JFrog CEO insider sale
- Negative Sentiment: Security researchers reported that attackers are exploiting a critical JFrog Artifactory vulnerability to forge administrative tokens and potentially obtain elevated access. The issue may lead to urgent customer patching, increased scrutiny of JFrog’s security practices and potential customer-retention or liability concerns. Exploited JFrog Artifactory vulnerability
- Negative Sentiment: Director Frederic Simon sold 120,000 shares for approximately $11.2 million, and reports also cited a roughly $25.1 million sale by CTO Yoav Landman. Simon’s transaction was made under a Rule 10b5-1 plan, which reduces its predictive value, but the volume of insider selling can still pressure investor sentiment.
Analyst Ratings Changes
A number of equities research analysts have recently commented on FROG shares. Cantor Fitzgerald raised their price target on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. UBS Group boosted their price objective on JFrog from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Citigroup reissued a “buy” rating on shares of JFrog in a research note on Monday, June 8th. Morgan Stanley set a $100.00 target price on shares of JFrog in a report on Friday, August 7th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $120.00 price target on shares of JFrog in a research note on Thursday. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, JFrog has an average rating of “Moderate Buy” and a consensus price target of $107.14.
Read Our Latest Research Report on FROG
Institutional Trading of JFrog
A number of institutional investors have recently made changes to their positions in the business. Millstone Evans Group LLC boosted its stake in shares of 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 buying an additional 427 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after acquiring an additional 478 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of JFrog in the first quarter valued at about $30,000. Employees Retirement System of Texas acquired a new position in JFrog during the fourth quarter valued at approximately $44,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in JFrog by 12,566.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after purchasing an additional 754 shares in the last quarter. Institutional investors own 85.02% of the company’s stock.
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.
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