Tali Notman Sells 19,157 Shares of JFrog (NASDAQ:FROG) Stock

Posted by Francis Steltz on Sep 6th, 2026

JFrog Ltd. (NASDAQ:FROG – Get Free Report) CRO Tali Notman sold 19,157 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $90.51, for a total transaction of $1,733,900.07. Following the completion of the sale, the executive owned 687,472 shares in the company, valued at approximately $62,223,090.72. The trade was a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

JFrog Trading Down 3.3%

Shares of JFrog stock opened at $87.60 on Friday. The firm’s 50 day moving average is $89.29 and its 200 day moving average is $68.43. The firm has a market capitalization of $10.80 billion, a PE ratio of -236.75 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 (NASDAQ:FROG – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the prior year, the firm earned $0.18 EPS. The firm’s revenue was up 28.7% compared to the same quarter last year. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, research analysts anticipate that JFrog Ltd. will post -0.11 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on FROG shares. TD Cowen reissued a “buy” rating and set a $120.00 price objective on shares of JFrog in a report on Thursday. Truist Financial upped their target price on JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 7th. DA Davidson reiterated a “buy” rating and issued a $115.00 target price on shares of JFrog in a research report on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $118.00 price target on shares of JFrog in a research note on Thursday. Finally, UBS Group boosted their price target on JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Twenty-two research 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $107.14.

Check Out Our Latest Stock Analysis on FROG

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

Positive Sentiment: Analysts remain bullish. DA Davidson and BTIG Research reaffirmed “buy” ratings with $115 price targets, while TD Cowen set a $120 target and RBC maintained an “outperform” rating with a $118 target. These targets imply substantial upside and reflect continued confidence in JFrog’s software-supply-chain and AI opportunity. Analyst rating report
Positive Sentiment: JFrog highlighted products and partnerships aimed at securing AI-era software development, including zero-touch remediation, continuous compliance and security for agentic workforces. The initiatives could expand the company’s addressable market and reinforce its strategic importance to enterprise customers. JFrog zero-touch remediation announcement
Neutral Sentiment: Recent quarterly results were strong, with revenue rising 28.7% year over year to $163.8 million and adjusted EPS of $0.27 beating estimates. However, the company remains unprofitable on a GAAP basis, making execution against its full-year guidance of $0.96–$1.00 EPS important for valuation.
Negative Sentiment: Security researchers reported that attackers are exploiting a critical JFrog Artifactory flaw to forge administrative tokens. The issue could lead to urgent customer patching, increased scrutiny of JFrog’s security controls and potential reputational or retention risks. JFrog Artifactory security vulnerability report
Negative Sentiment: Executives and directors reported substantial selling, including CEO Shlomi Ben Haim, CFO Eduard Grabscheid, CRO Tali Notman and director Frederic Simon. Most transactions were conducted under Rule 10b5-1 plans or to cover taxes on vested equity, limiting their value as bearish signals, but the volume may still pressure investor sentiment.

Institutional Trading of JFrog

Several institutional investors have recently modified their holdings of the business. California State Teachers Retirement System increased its holdings in JFrog by 9,666.3% in the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock valued at $985,121,000 after purchasing an additional 10,728,811 shares during the period. First Trust Advisors LP lifted its holdings in JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after buying an additional 3,358,422 shares during the period. Wasatch Advisors LP lifted its holdings in JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after buying an additional 2,710,167 shares during the period. Whale Rock Capital Management LLC grew its position in shares of JFrog by 82.2% in the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after buying an additional 2,389,415 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of JFrog by 6,868.3% in the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after buying an additional 2,073,876 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

About JFrog

(Get Free Report)

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.