JFrog Ltd. (NASDAQ:FROG – Get Free Report) CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $94.37, for a total value of $1,415,550.00. Following the transaction, the chief executive officer owned 4,577,237 shares in the company, valued at approximately $431,953,855.69. This trade represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ben Haim Shlomi also recently made the following trade(s):
- On Monday, June 29th, Ben Haim Shlomi sold 65,999 shares of JFrog stock. The shares were sold at an average price of $90.03, for a total value of $5,941,889.97.
- On Monday, June 8th, Ben Haim Shlomi sold 93,072 shares of JFrog stock. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20.
- On Tuesday, June 2nd, Ben Haim Shlomi sold 43,056 shares of JFrog stock. The stock was sold at an average price of $86.54, for a total value of $3,726,066.24.
- On Tuesday, May 26th, Ben Haim Shlomi sold 48,763 shares of JFrog stock. The stock was sold at an average price of $75.04, for a total value 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.
JFrog Stock Down 5.0%
Shares of JFrog stock traded down $4.76 during midday trading on Friday, hitting $90.74. The company had a trading volume of 1,849,841 shares, compared to its average volume of 3,143,259. The company has a fifty day simple moving average of $77.46 and a 200 day simple moving average of $59.79. The stock has a market cap of $10.99 billion, a price-to-earnings ratio of -171.21 and a beta of 1.20. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $99.22.
Institutional Investors Weigh In On JFrog
Hedge funds have recently bought and sold shares of the stock. Millstone Evans Group LLC grew its position in JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the period. Blue Trust Inc. acquired a new stake in JFrog in the 4th quarter worth about $30,000. Western Wealth Management LLC purchased a new stake in JFrog during the 1st quarter worth approximately $30,000. Bessemer Group Inc. purchased a new stake in JFrog during the 1st quarter worth approximately $36,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after acquiring an additional 478 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.
Analyst Ratings Changes
FROG has been the subject of a number of research analyst reports. Bank of America raised their target price on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Guggenheim boosted their price target on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. TD Cowen increased their price objective on JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, June 18th. DA Davidson set a $90.00 price objective on JFrog in a research note on Friday, May 8th. Finally, Benchmark started coverage on JFrog in a research report on Thursday, June 25th. They issued a “buy” rating and a $100.00 target price on the stock. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.67.
View Our Latest Stock Analysis on JFrog
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.
Featured Articles
- Five stocks we like better than JFrog
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
- Rocket Lab’s Stock Drop Comes With a Bullish Twist
- Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter.
