JFrog (NASDAQ:FROG) Director Sells $67,032.00 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,368 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $49.00, for a total transaction of $67,032.00. Following the transaction, the director owned 32,051 shares in the company, valued at approximately $1,570,499. The trade was a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $49.37 on Monday. The stock has a market cap of $5.76 billion, a price-to-earnings ratio of -64.12 and a beta of 1.06. The company has a 50 day moving average of $43.14 and a 200-day moving average of $38.93. JFrog Ltd. has a one year low of $26.10 and a one year high of $50.57.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The firm had revenue of $127.20 million for the quarter, compared to analysts’ expectations of $122.80 million. During the same period last year, the firm earned $0.15 earnings per share. The business’s revenue for the quarter was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Equities research analysts anticipate that JFrog Ltd. will post -0.33 earnings per share for the current year.

Institutional Trading of JFrog

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in JFrog by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 8,871,984 shares of the company’s stock worth $283,903,000 after purchasing an additional 35,458 shares in the last quarter. TimesSquare Capital Management LLC increased its stake in JFrog by 6.5% during the 1st quarter. TimesSquare Capital Management LLC now owns 3,622,911 shares of the company’s stock worth $115,933,000 after purchasing an additional 222,635 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in JFrog by 65.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after purchasing an additional 1,037,482 shares in the last quarter. Wasatch Advisors LP increased its stake in JFrog by 3.0% during the 2nd quarter. Wasatch Advisors LP now owns 2,557,603 shares of the company’s stock worth $112,228,000 after purchasing an additional 74,153 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in JFrog by 1,974.0% during the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock worth $68,832,000 after purchasing an additional 2,047,294 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FROG. Cowen reaffirmed a “buy” rating on shares of JFrog in a research note on Friday, August 8th. Raymond James Financial raised their price objective on shares of JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Needham & Company LLC reiterated a “buy” rating and issued a $55.00 price target (up from $46.00) on shares of JFrog in a research report on Friday, August 8th. KeyCorp increased their price target on shares of JFrog from $46.00 to $52.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a research report on Sunday, June 29th. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.87.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.