Insider Selling: JFrog (NASDAQ:FROG) CTO Sells 50,000 Shares of Stock

by · The Cerbat Gem

JFrog Ltd. (NASDAQ:FROG – Get Free Report) CTO Yoav Landman sold 50,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $47.11, for a total value of $2,355,500.00. Following the completion of the sale, the chief technology officer directly owned 6,221,086 shares of the company’s stock, valued at approximately $293,075,361.46. This represents a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Yoav Landman also recently made the following trade(s):

  • On Friday, August 8th, Yoav Landman sold 30,000 shares of JFrog stock. The stock was sold at an average price of $43.96, for a total value of $1,318,800.00.
  • On Thursday, August 7th, Yoav Landman sold 20,000 shares of JFrog stock. The stock was sold at an average price of $39.26, for a total value of $785,200.00.
  • On Monday, July 7th, Yoav Landman sold 8,734 shares of JFrog stock. The stock was sold at an average price of $42.39, for a total value of $370,234.26.
  • On Thursday, July 3rd, Yoav Landman sold 41,266 shares of JFrog stock. The stock was sold at an average price of $42.19, for a total value of $1,741,012.54.
  • On Thursday, June 5th, Yoav Landman sold 50,000 shares of JFrog stock. The stock was sold at an average price of $43.26, for a total value of $2,163,000.00.

JFrog Trading Down 2.8%

JFrog stock traded down $1.31 during mid-day trading on Tuesday, hitting $46.19. The company’s stock had a trading volume of 1,500,394 shares, compared to its average volume of 1,120,411. The firm has a market capitalization of $5.39 billion, a PE ratio of -59.99 and a beta of 1.06. JFrog Ltd. has a 1 year low of $26.10 and a 1 year high of $48.17. The stock’s fifty day moving average is $42.55 and its two-hundred day moving average is $38.60.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Snowden Capital Advisors LLC boosted its holdings in JFrog by 1.7% in the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock valued at $666,000 after purchasing an additional 253 shares during the period. PNC Financial Services Group Inc. raised its stake in 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 buying an additional 329 shares in the last quarter. Park Avenue Securities LLC raised its stake in JFrog by 4.6% in the second quarter. Park Avenue Securities LLC now owns 9,155 shares of the company’s stock valued at $402,000 after buying an additional 405 shares in the last quarter. California State Teachers Retirement System raised its stake in JFrog by 0.5% in the fourth quarter. California State Teachers Retirement System now owns 80,898 shares of the company’s stock valued at $2,379,000 after buying an additional 439 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in JFrog by 5.8% in the second quarter. Verdence Capital Advisors LLC now owns 9,386 shares of the company’s stock valued at $412,000 after buying an additional 517 shares in the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Piper Sandler reiterated a “neutral” rating and issued a $48.00 price objective (up from $40.00) on shares of JFrog in a research report on Friday, August 8th. Raymond James Financial raised their price target on JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Wall Street Zen upgraded JFrog from a “hold” rating to a “buy” rating in a research report on Sunday, June 29th. Robert W. Baird set a $47.00 price target on JFrog and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, Cantor Fitzgerald raised their price target on JFrog from $46.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, JFrog has an average rating of “Moderate Buy” and an average target price of $46.87.

Get Our Latest Research Report on JFrog

JFrog Company Profile

(Get Free Report)

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.

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