JFrog (NASDAQ:FROG) CTO Sells $2,596,950.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $57.71, for a total transaction of $2,596,950.00. Following the completion of the sale, the chief technology officer owned 5,868,641 shares of the company’s stock, valued at $338,679,272.11. This trade represents a 0.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Yoav Landman also recently made the following trade(s):

• On Wednesday, December 10th, Yoav Landman sold 70,000 shares of JFrog stock. The stock was sold at an average price of $69.22, for a total transaction of $4,845,400.00.

JFrog Trading Up 2.6%

Shares of FROG stock opened at $58.43 on Friday. The stock has a 50 day simple moving average of $62.03 and a 200 day simple moving average of $52.31. JFrog Ltd. has a 1 year low of $27.00 and a 1 year high of $70.43. The stock has a market cap of $6.91 billion, a P/E ratio of -83.47 and a beta of 1.13.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The firm had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. During the same period in the prior year, the company posted $0.15 EPS. The company’s revenue was up 25.5% compared to the same quarter last year. 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 forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FROG. TD Cowen reissued a “buy” rating on shares of JFrog in a research note on Friday, October 17th. Piper Sandler lifted their price target on JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. DA Davidson upgraded JFrog to a “strong-buy” rating in a research report on Friday, November 7th. 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. Finally, UBS Group reaffirmed a “neutral” rating on shares of JFrog in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $65.71.

Hedge Funds Weigh In On JFrog

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in JFrog by 318.7% during the 4th 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. Oak Ridge Investments LLC acquired a new position in shares of JFrog during the fourth quarter worth $1,781,000. Third View Private Wealth LLC bought a new stake in shares of JFrog in the fourth quarter worth $277,000. Massachusetts Financial Services Co. MA increased its holdings in JFrog by 32.7% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,345,935 shares of the company’s stock valued at $84,067,000 after purchasing an additional 331,457 shares during the period. Finally, Perpetual Ltd bought a new position in JFrog during the 4th quarter worth $496,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.