JFrog Ltd. (NASDAQ:FROG – Get Free Report) Director Barry Zwarenstein sold 1,250 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $88.38, for a total value of $110,475.00. Following the sale, the director owned 30,437 shares of the company’s stock, valued at approximately $2,690,022.06. This represents a 3.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Barry Zwarenstein also recently made the following trade(s):
- On Thursday, July 23rd, Barry Zwarenstein sold 1,250 shares of JFrog stock. The shares were sold at an average price of $80.10, for a total value of $100,125.00.
JFrog Trading Down 2.3%
Shares of NASDAQ:FROG traded down $2.15 on Wednesday, reaching $92.65. The company had a trading volume of 1,282,692 shares, compared to its average volume of 2,873,699. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $105.76. The firm’s 50 day simple moving average is $88.69 and its 200-day simple moving average is $70.88. The firm has a market capitalization of $11.42 billion, a PE ratio of -250.40 and a beta of 1.28.
Analyst Ratings Changes
Several research firms have commented on FROG. Barclays reissued an “overweight” rating and set a $110.00 price target on shares of JFrog in a research report on Friday, August 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research note on Friday, July 17th. Citigroup reissued a “buy” rating on shares of JFrog in a research report on Monday, June 8th. DA Davidson restated a “buy” rating and issued a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. Finally, Morgan Stanley set a $100.00 price target on shares of JFrog in a report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $109.48.
View Our Latest Stock Report on JFrog
Institutional Investors Weigh In On JFrog
Institutional investors have recently added to or reduced their stakes in the business. Millstone Evans Group LLC increased its holdings in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after acquiring an additional 427 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of JFrog in the 1st quarter valued at approximately $30,000. Bessemer Group Inc. acquired a new stake in JFrog in the 1st quarter worth approximately $36,000. Employees Retirement System of Texas acquired a new stake in JFrog in the 4th quarter worth approximately $44,000. Finally, Caitong International Asset Management Co. Ltd grew its position in JFrog by 12,566.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock worth $47,000 after purchasing an additional 754 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.
About JFrog
JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.
The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.
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