Yvonne Wassenaar Sells 1,957 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $58.70, for a total value of $114,875.90. Following the transaction, the director owned 20,495 shares of the company’s stock, valued at approximately $1,203,056.50. This trade represents a 8.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Monday, October 20th, Yvonne Wassenaar sold 1,372 shares of JFrog stock. The stock was sold at an average price of $47.94, for a total value of $65,773.68.

JFrog Stock Down 4.6%

Shares of NASDAQ:FROG traded down $2.88 during mid-day trading on Thursday, reaching $60.08. 1,598,356 shares of the stock were exchanged, compared to its average volume of 2,126,816. The stock’s 50 day simple moving average is $61.26 and its 200-day simple moving average is $51.14. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43. The company has a market cap of $7.11 billion, a P/E ratio of -85.83 and a beta of 1.13.

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

Hedge Funds Weigh In On JFrog

A number of large investors have recently made changes to their positions in FROG. Arrowstreet Capital Limited Partnership grew its position in JFrog by 3,033.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after acquiring an additional 281,844 shares during the last quarter. Sound View Wealth Advisors Group LLC bought a new stake in shares of JFrog during the 2nd quarter valued at approximately $233,000. Lisanti Capital Growth LLC increased its position in 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 purchasing an additional 10,230 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted 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 last quarter. Finally, JPMorgan Chase & Co. boosted its position in 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. Institutional investors own 85.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FROG shares. Truist Financial reissued a “buy” rating and issued a $70.00 price objective (up previously from $55.00) on shares of JFrog in a report on Friday, November 7th. Morgan Stanley increased their price target on shares of JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Canaccord Genuity Group raised their target price on shares of JFrog from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Robert W. Baird lifted their price target on JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Finally, BTIG Research initiated coverage on JFrog in a research note on Tuesday, December 16th. They issued a “buy” rating and a $83.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and a consensus price target of $65.53.

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.