JFrog Ltd. (NASDAQ:FROG – Get Free Report) CRO Tali Notman sold 18,794 shares of JFrog stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total transaction of $1,634,702.12. Following the transaction, the executive directly owned 668,678 shares in the company, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Tali Notman also recently made the following trade(s):
- On Wednesday, September 2nd, Tali Notman sold 19,157 shares of JFrog stock. The stock was sold at an average price of $90.51, for a total transaction of $1,733,900.07.
JFrog Price Performance
Shares of NASDAQ FROG opened at $87.18 on Friday. The firm has a fifty day moving average price of $88.82 and a 200-day moving average price of $69.84. The stock has a market cap of $10.75 billion, a PE ratio of -235.62 and a beta of 1.28. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $105.76.
JFrog News Summary
Here are the key news stories impacting JFrog this week:
- Positive Sentiment: Strong feedback from JFrog’s customer conference led one analysis to identify FROG as a top software-sector pick, suggesting continued confidence in demand for its software supply-chain platform and AI-related growth opportunities. JFrog Stock Emerges as Top Software Pick Following Strong Customer Conference Feedback
- Positive Sentiment: JFrog unveiled “zero-touch remediation,” a capability intended to automatically detect and resolve software-supply-chain vulnerabilities. The offering could strengthen the company’s security and AI positioning and support enterprise demand. JFrog Unveils Zero-Touch Remediation
- Positive Sentiment: JFrog’s latest quarterly results showed 28.7% year-over-year revenue growth and EPS above consensus, while analysts remain broadly positive. The stock’s consensus rating is “Moderate Buy,” with price targets generally above recent trading levels.
- Neutral Sentiment: A JPMorgan Chase case study highlighted the use of JFrog technology to scale secure software delivery, providing enterprise validation for the platform, although it did not represent a new contract or financial forecast. How JPMorgan Chase Scaled Secure Software Delivery
- Negative Sentiment: A report said attackers chained vulnerabilities in JFrog Artifactory to obtain administrative control and plant backdoors. The allegations raise potential concerns about customer security, remediation costs and trust in JFrog’s software-supply-chain products. Attackers Chain JFrog Artifactory Flaws
- Negative Sentiment: JFrog’s CEO, CRO and CTO recently sold shares totaling roughly $9.6 million. The transactions were executed under pre-arranged Rule 10b5-1 plans, limiting their significance, but repeated insider selling can still weigh on investor sentiment. JFrog CRO Stock Sale
- Negative Sentiment: A valuation-focused analysis downgraded JFrog, arguing that the company’s elevated valuation and negative trailing profitability leave the stock vulnerable if bond yields rise. JFrog Valuation at Risk as Yields Rise
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG increased its position in shares of JFrog by 293.8% during the 4th quarter. UBS Group AG now owns 296,419 shares of the company’s stock valued at $18,514,000 after purchasing an additional 221,155 shares during the last quarter. Summit Partners Public Asset Management LLC lifted its position in JFrog by 77.8% in the fourth quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock worth $99,157,000 after buying an additional 694,700 shares during the last quarter. Dana Investment Advisors Inc. purchased a new position in JFrog during the fourth quarter worth $2,013,000. American Capital Management Inc. purchased a new position in JFrog during the second quarter worth $1,225,000. Finally, AMJ Financial Wealth Management bought a new position in JFrog during the fourth quarter valued at $4,077,000. 85.02% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. BTIG Research restated a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research report on Friday, September 4th. DA Davidson reissued a “buy” rating and set a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. Stifel Nicolaus set a $102.00 price target on JFrog in a report on Friday, September 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $118.00 price target on shares of JFrog in a report on Thursday, September 3rd. Finally, TD Cowen restated a “buy” rating and issued a $120.00 price target on shares of JFrog in a research note on Thursday, September 3rd. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.48.
Get Our Latest Research Report on FROG
JFrog Company Profile
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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