JFrog (NASDAQ:FROG) Director Frederic Simon Sells 117,500 Shares

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 117,500 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $63.78, for a total value of $7,494,150.00. Following the transaction, the director directly owned 3,340,786 shares in the company, valued at $213,075,331.08. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 2nd, Frederic Simon sold 25,000 shares of JFrog stock. The stock was sold at an average price of $50.35, for a total value of $1,258,750.00.
• On Wednesday, April 1st, Frederic Simon sold 55,000 shares of JFrog stock. The stock was sold at an average price of $48.34, for a total value of $2,658,700.00.
• On Tuesday, March 3rd, Frederic Simon sold 10,000 shares of JFrog stock. The stock was sold at an average price of $42.08, for a total value of $420,800.00.
• On Monday, March 2nd, Frederic Simon sold 25,000 shares of JFrog stock. The shares were sold at an average price of $40.18, for a total value of $1,004,500.00.

JFrog Price Performance

JFrog stock traded up $1.75 during trading hours on Monday, hitting $67.91. The stock had a trading volume of 1,655,511 shares, compared to its average volume of 3,148,839. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of -128.13 and a beta of 1.02. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $72.06. The stock’s fifty day moving average is $48.02 and its two-hundred day moving average is $53.58.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The company had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. During the same quarter in the prior year, the company earned $0.20 earnings per share. JFrog’s revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, sell-side analysts anticipate that JFrog Ltd. will post -0.21 EPS for the current year.

Hedge Funds Weigh In On JFrog

Several large investors have recently added to or reduced their stakes in FROG. Millstone Evans Group LLC lifted its position in JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after buying an additional 427 shares during the period. Blue Trust Inc. purchased a new position in JFrog during the fourth quarter worth about $30,000. Bessemer Group Inc. purchased a new position in JFrog during the first quarter worth about $36,000. Farther Finance Advisors LLC lifted its position in JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after buying an additional 478 shares during the period. Finally, Employees Retirement System of Texas purchased a new position in JFrog during the fourth quarter worth about $44,000. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FROG has been the topic of several recent research reports. William Blair restated an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. Morgan Stanley restated an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a research report on Friday, May 8th. Canaccord Genuity Group reduced their price objective on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. DA Davidson set a $90.00 price objective on JFrog in a research report on Friday, May 8th. Finally, Evercore set a $80.00 price objective on JFrog in a research report on Thursday, February 26th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.74.

About JFrog

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.