Insider Selling: JFrog (NASDAQ:FROG) Director Sells $68,462.80 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,372 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $49.90, for a total transaction of $68,462.80. Following the completion of the transaction, the director owned 30,679 shares in the company, valued at $1,530,882.10. This trade represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Yvonne Wassenaar also recently made the following trade(s):

• On Thursday, August 28th, Yvonne Wassenaar sold 1,368 shares of JFrog stock. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00.

JFrog Trading Down 0.0%

NASDAQ FROG opened at $48.07 on Friday. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $51.94. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of -62.43 and a beta of 1.05. The company’s 50 day moving average is $46.77 and its two-hundred day moving average is $41.13.

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

Wall Street Analyst Weigh In

A number of research firms have commented on FROG. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research note on Saturday, September 27th. Wall Street Zen downgraded shares of JFrog from a “buy” rating to a “hold” rating in a report on Friday, September 26th. Stifel Nicolaus upped their target price on shares of JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Robert W. Baird upped their target price on shares of JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Finally, KeyCorp upped their target price on shares of JFrog from $52.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Fifteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $50.25.

Institutional Trading of JFrog

Institutional investors and hedge funds have recently made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of JFrog by 90.9% in the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock valued at $40,000 after acquiring an additional 597 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of JFrog by 32.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock valued at $43,000 after acquiring an additional 329 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of JFrog by 7,185.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after acquiring an additional 2,946 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of JFrog in the second quarter valued at about $136,000. Finally, Bayforest Capital Ltd bought a new position in JFrog in the first quarter worth about $104,000. 85.02% of the stock is currently owned by institutional investors.

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.