Insider Selling: JFrog (NASDAQ:FROG) Director Sells 80,000 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 80,000 shares of JFrog stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the completion of the transaction, the director owned 3,660,786 shares in the company, valued at approximately $217,853,374.86. The trade was a 2.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, December 1st, Frederic Simon sold 67,500 shares of JFrog stock. The stock was sold at an average price of $60.08, for a total transaction of $4,055,400.00.
• On Tuesday, November 25th, Frederic Simon sold 80,000 shares of JFrog stock. The shares were sold at an average price of $61.76, for a total transaction of $4,940,800.00.
• On Friday, November 7th, Frederic Simon sold 100,000 shares of JFrog stock. The stock was sold at an average price of $58.84, for a total transaction of $5,884,000.00.
• On Tuesday, October 14th, Frederic Simon sold 35,000 shares of JFrog stock. The shares were sold at an average price of $46.92, for a total value of $1,642,200.00.

JFrog Price Performance

Shares of FROG traded up $0.30 during trading hours on Tuesday, hitting $59.17. The stock had a trading volume of 1,792,436 shares, compared to its average volume of 2,276,876. The firm has a market capitalization of $7.00 billion, a PE ratio of -84.53 and a beta of 1.13. The stock has a fifty day moving average price of $60.79 and a 200 day moving average price of $50.92. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $70.43.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The company had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. During the same period in the previous year, the company posted $0.15 EPS. The firm’s revenue was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. As a group, analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of JFrog by 3,033.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after purchasing an additional 281,844 shares in the last quarter. Sound View Wealth Advisors Group LLC acquired a new position in JFrog during the second quarter worth approximately $233,000. Lisanti Capital Growth LLC boosted its holdings in shares of JFrog by 10.2% during the 2nd quarter. Lisanti Capital Growth LLC now owns 110,195 shares of the company’s stock worth $4,835,000 after buying an additional 10,230 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its stake in JFrog by 5.4% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 976,812 shares of the company’s stock valued at $42,863,000 after purchasing an additional 50,000 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of JFrog by 3.0% in the second quarter. JPMorgan Chase & Co. now owns 1,903,396 shares of the company’s stock valued at $83,521,000 after buying an additional 56,213 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Barclays reaffirmed an “overweight” rating and issued a $67.00 price target on shares of JFrog in a report on Friday. Piper Sandler increased their target price on JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a report on Monday. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. TD Cowen raised their price target on shares of JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Finally, Needham & Company LLC boosted their price target on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.94.

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.