Insider Selling: JFrog (NASDAQ:FROG) Director Sells $1,642,200.00 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 35,000 shares of JFrog stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $46.92, for a total transaction of $1,642,200.00. Following the completion of the sale, the director owned 4,084,903 shares in the company, valued at approximately $191,663,648.76. This trade represents a 0.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, September 9th, Frederic Simon sold 35,000 shares of JFrog stock. The shares were sold at an average price of $50.01, for a total transaction of $1,750,350.00.
• On Friday, August 22nd, Frederic Simon sold 50,000 shares of JFrog stock. The stock was sold at an average price of $47.11, for a total value of $2,355,500.00.

JFrog Trading Up 1.4%

NASDAQ:FROG opened at $47.34 on Friday. The stock has a 50 day moving average of $47.69 and a two-hundred day moving average of $42.11. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $51.94. The firm has a market cap of $5.53 billion, a P/E ratio of -61.48 and a beta of 1.05.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The firm had revenue of $127.20 million for the quarter, compared to analyst estimates of $122.80 million. During the same period in the previous year, the company posted $0.15 earnings per share. The business’s revenue was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Institutional Trading of JFrog

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in JFrog by 0.4% in the first quarter. Vanguard Group Inc. now owns 8,871,984 shares of the company’s stock worth $283,903,000 after acquiring an additional 35,458 shares during the period. TimesSquare Capital Management LLC lifted its stake in shares of JFrog by 6.5% in the 1st quarter. TimesSquare Capital Management LLC now owns 3,622,911 shares of the company’s stock valued at $115,933,000 after purchasing an additional 222,635 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of JFrog by 65.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock valued at $84,166,000 after purchasing an additional 1,037,482 shares during the last quarter. Wasatch Advisors LP lifted its stake in shares of JFrog by 3.0% in the 2nd quarter. Wasatch Advisors LP now owns 2,557,603 shares of the company’s stock valued at $112,228,000 after purchasing an additional 74,153 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of JFrog by 1,974.0% in the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock valued at $68,832,000 after purchasing an additional 2,047,294 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of JFrog from $48.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 24th. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. TD Cowen upped their price target on JFrog from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Friday. Morgan Stanley increased their price target on JFrog from $50.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $55.00 price objective on shares of JFrog in a research note on Wednesday, September 10th. Fifteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, JFrog presently has an average rating of “Moderate Buy” and a consensus target price of $53.13.

About JFrog

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.