Ben Haim Shlomi Sells 93,072 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 93,072 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the sale, the chief executive officer owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. The trade was a 1.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 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 shares were 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 shares were sold at an average price of $48.88, for a total transaction of $1,222,000.00.

JFrog Price Performance

JFrog stock opened at $78.48 on Friday. The stock has a market cap of $9.51 billion, a P/E ratio of -148.08 and a beta of 1.23. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $89.16. The firm’s 50 day moving average price is $61.33 and its 200-day moving average price is $56.68.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company’s revenue for the quarter was up 25.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 earnings per share. 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, equities analysts expect that JFrog Ltd. will post -0.17 EPS for the current year.

Wall Street Analyst Weigh In

FROG has been the subject of a number of recent research reports. Evercore set a $80.00 target price on shares of JFrog in a report on Thursday, February 26th. Cantor Fitzgerald reissued an “overweight” rating and issued a $80.00 target price on shares of JFrog in a report on Wednesday, April 22nd. Canaccord Genuity Group cut their target price on shares of JFrog from $75.00 to $66.00 and set a “buy” rating for the company in a report on Friday, February 13th. Barclays raised their target price on shares of JFrog from $75.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Citigroup reissued a “buy” rating on shares of JFrog in a report on Monday. Twenty 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $78.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of JFrog by 48.4% during the first 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 stake in shares of JFrog during the first quarter valued at $205,000. AQR Capital Management LLC purchased a new stake in shares of JFrog during the first quarter valued at $368,000. Integrated Wealth Concepts LLC purchased a new stake in shares of JFrog during the first quarter valued at $203,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of JFrog by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after purchasing an additional 88,784 shares during the period. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.