Insider Selling: JFrog (NASDAQ:FROG) Director Sells 120,000 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 120,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00. Following the transaction, the director owned 2,984,328 shares of the company’s stock, valued at approximately $271,156,042.08. The trade was a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 1st, Frederic Simon sold 120,000 shares of JFrog stock. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00.

JFrog Trading Down 1.6%

Shares of FROG traded down $1.53 during trading hours on Monday, reaching $94.64. 1,853,273 shares of the company’s stock traded hands, compared to its average volume of 3,004,796. The stock has a market cap of $11.67 billion, a PE ratio of -255.78 and a beta of 1.22. The firm’s 50 day simple moving average is $85.58 and its 200-day simple moving average is $64.33. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $99.22.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.JFrog’s revenue was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, analysts expect that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FROG. Vanguard Group Inc. boosted its holdings in JFrog by 4.0% during the 4th quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock valued at $593,734,000 after acquiring an additional 362,654 shares during the period. Whale Rock Capital Management LLC grew its position in JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after acquiring an additional 2,389,415 shares during the last quarter. Wasatch Advisors LP increased its stake in JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the period. First Trust Advisors LP increased its stake in JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after purchasing an additional 3,358,422 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in JFrog by 30.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after purchasing an additional 633,231 shares during the last quarter. 85.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FROG shares. Citigroup restated a “buy” rating on shares of JFrog in a research report on Monday, June 8th. DA Davidson increased their target price on JFrog from $90.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research report on Friday, July 17th. BTIG Research lifted their price target on JFrog from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Piper Sandler upped their price objective on JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, JFrog has an average rating of “Moderate Buy” and a consensus price target of $105.81.

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.