Insider Selling: JFrog (NASDAQ:FROG) Director Sells 1,372 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,372 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $49.90, for a total transaction of $68,462.80. Following the completion of the transaction, the director owned 30,679 shares of the company’s stock, valued at $1,530,882.10. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Yvonne Wassenaar also recently made the following trade(s):

• On Thursday, August 28th, Yvonne Wassenaar sold 1,368 shares of JFrog stock. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00.

JFrog Stock Performance

Shares of JFrog stock opened at $48.07 on Friday. JFrog Ltd. has a one year low of $27.00 and a one year high of $51.94. The company has a market capitalization of $5.61 billion, a PE ratio of -62.43 and a beta of 1.05. The company has a 50-day simple moving average of $46.77 and a two-hundred day simple moving average of $41.13.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The business had revenue of $127.20 million for the quarter, compared to analyst estimates of $122.80 million. During the same quarter in the previous year, the firm earned $0.15 earnings per share. The company’s revenue 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. On average, equities analysts predict that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FROG shares. Canaccord Genuity Group boosted their price target on JFrog from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, September 11th. Barclays boosted their price target on JFrog from $45.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. DA Davidson upped their target price on JFrog from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. KeyCorp upped their target price on JFrog from $52.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $55.00 target price on shares of JFrog in a research report on Wednesday, September 10th. Fifteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, JFrog presently has a consensus rating of “Moderate Buy” and an average price target of $50.25.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FROG. Signaturefd LLC raised its stake in JFrog by 90.9% in the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock valued at $40,000 after purchasing an additional 597 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in JFrog by 32.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock valued at $43,000 after buying an additional 329 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in JFrog in the 1st quarter valued at $104,000. Smartleaf Asset Management LLC grew its holdings in JFrog by 26.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock valued at $123,000 after buying an additional 800 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in JFrog in the 1st quarter valued at $128,000. 85.02% of the stock is owned by institutional investors and hedge funds.

About JFrog

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.