Insider Selling: JFrog (NASDAQ:FROG) CEO Sells $5,941,889.97 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 65,999 shares of JFrog stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $90.03, for a total transaction of $5,941,889.97. Following the transaction, the chief executive officer directly owned 4,592,237 shares in the company, valued at $413,439,097.11. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ben Haim Shlomi also recently made the following trade(s):

• On Monday, June 8th, Ben Haim Shlomi sold 93,072 shares of JFrog stock. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20.
• On Tuesday, June 2nd, Ben Haim Shlomi sold 43,056 shares of JFrog stock. The shares were sold at an average price of $86.54, for a total transaction of $3,726,066.24.
• On Tuesday, May 26th, Ben Haim Shlomi sold 48,763 shares of JFrog stock. The shares were sold at an average price of $75.04, for a total transaction of $3,659,175.52.
• On Wednesday, May 6th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The stock was sold at an average price of $52.27, for a total transaction of $1,306,750.00.
• On Tuesday, April 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The stock was sold at an average price of $48.88, for a total transaction of $1,222,000.00.

JFrog Price Performance

JFrog stock traded down $0.49 during mid-day trading on Wednesday, hitting $90.39. The company’s stock had a trading volume of 2,912,873 shares, compared to its average volume of 3,181,843. The business has a 50 day moving average price of $70.60 and a 200-day moving average price of $58.40. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $93.12. The stock has a market cap of $10.95 billion, a price-to-earnings ratio of -170.55 and a beta of 1.23.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping 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 firm had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. During the same quarter in the previous year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, equities research analysts expect that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FROG. DA Davidson set a $90.00 price objective on JFrog in a research report on Friday, May 8th. Stifel Nicolaus raised their target price on shares of JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. BTIG Research lifted their target price on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Bank of America upped their price target on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a report on Monday, June 8th. Finally, Wall Street Zen cut shares of JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.62.

Hedge Funds Weigh In On JFrog

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its position in JFrog by 48.4% during the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of JFrog during the first quarter valued at about $205,000. AQR Capital Management LLC bought a new position in JFrog in the first quarter worth about $368,000. Integrated Wealth Concepts LLC bought a new position in JFrog in the first quarter worth about $203,000. Finally, Goldman Sachs Group Inc. lifted its holdings in JFrog by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after buying an additional 88,784 shares during the period. Institutional investors own 85.02% of the company’s stock.

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.