Yoav Landman Sells 70,000 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 70,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $69.22, for a total transaction of $4,845,400.00. Following the completion of the transaction, the chief technology officer owned 5,958,641 shares of the company’s stock, valued at $412,457,130.02. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $66.81 on Friday. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of -95.44 and a beta of 1.10. The company has a 50 day moving average of $57.15 and a 200-day moving average of $49.09. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. The firm had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The company’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 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 added to or reduced their stakes in the company. Swiss Life Asset Management Ltd acquired a new position in shares of JFrog during the 3rd quarter worth about $221,000. CIBC Bancorp USA Inc. acquired a new position in JFrog during the third quarter worth approximately $202,000. Wilmington Savings Fund Society FSB raised its stake in JFrog by 1,086.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after buying an additional 1,152 shares during the period. Woodline Partners LP lifted its position in shares of JFrog by 3.8% in the third quarter. Woodline Partners LP now owns 411,952 shares of the company’s stock valued at $19,498,000 after buying an additional 14,987 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of JFrog in the third quarter valued at approximately $783,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FROG shares. Oppenheimer raised JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price objective for the company in a research report on Friday, November 7th. Robert W. Baird upped their price target on JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Barclays raised their price target on shares of JFrog from $57.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Needham & Company LLC increased their target price on shares of JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $64.35.

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.