Insider Selling: JFrog Ltd. (NASDAQ:FROG) CRO Sells 6,000 Shares of Stock (2024)

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CRO Tali Notman sold 6,000 shares of JFrog stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $42.60, for a total transaction of $255,600.00. Following the sale, the executive now owns 522,348 shares of the company's stock, valued at $22,252,024.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

• JFrog leaps on EPS beat and raised guidance

Tali Notman also recently made the following trade(s):

• On Wednesday, March 6th, Tali Notman sold 7,229 shares of JFrog stock. The shares were sold at an average price of $42.15, for a total transaction of $304,702.35.

JFrog Stock Performance

FROG stock opened at $43.02 on Tuesday. The stock has a market capitalization of $4.38 billion, a P/E ratio of -71.70 and a beta of 0.99. JFrog Ltd. has a one year low of $17.11 and a one year high of $48.81. The company has a 50 day moving average price of $41.64 and a two-hundred day moving average price of $33.08.

• 2 Tech stocks getting bullish upgrades ahead of Q1

JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Wednesday, February 14th. The company reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). The firm had revenue of $97.26 million during the quarter, compared to analysts' expectations of $93.07 million. JFrog had a negative net margin of 17.51% and a negative return on equity of 6.01%. Research analysts forecast that JFrog Ltd. will post -0.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FROG shares. TheStreet upgraded shares of JFrog from a "d+" rating to a "c-" rating in a research report on Friday, December 29th. DA Davidson lifted their price target on shares of JFrog from $45.00 to $55.00 in a research report on Thursday, March 7th. KeyCorp assumed coverage on shares of JFrog in a research note on Tuesday, March 19th. They set an "overweight" rating and a $52.00 price objective for the company. Cantor Fitzgerald raised their price objective on shares of JFrog from $40.00 to $45.00 in a research note on Thursday, March 7th. Finally, Morgan Stanley raised their price objective on shares of JFrog from $40.00 to $52.00 in a research note on Thursday, March 7th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, JFrog currently has a consensus rating of "Moderate Buy" and an average target price of $43.46.

• MarketBeat Week in Review – 6/26 - 6/30

Read Our Latest Research Report on JFrog

Institutional Trading of JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrature Capital Ltd boosted its holdings in shares of JFrog by 20.5% in the 4th quarter. Quadrature Capital Ltd now owns 63,729 shares of the company's stock valued at $2,206,000 after purchasing an additional 10,856 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of JFrog by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 7,055,519 shares of the company's stock valued at $244,192,000 after purchasing an additional 23,030 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of JFrog by 9.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 80,947 shares of the company's stock valued at $2,802,000 after purchasing an additional 7,252 shares during the last quarter. Syon Capital LLC acquired a new position in shares of JFrog in the 4th quarter valued at $22,086,000. Finally, Legal & General Group Plc boosted its holdings in shares of JFrog by 11.3% in the 4th quarter. Legal & General Group Plc now owns 326,264 shares of the company's stock valued at $11,292,000 after purchasing an additional 33,115 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.

See Also

• Five stocks we like better than JFrog
• Why Special Dividends Can be a Delightful Surprise for Income Investors
• Will the Shockwave Medical Deal Be the Jolt JNJ Stock Needs?
• Why Invest in High-Yield Dividend Stocks?
• The 5 Hottest CEO Stock Purchases So Far This Year
• What Are Dividend Contenders? Investing in Dividend Contenders
• Institutions Think This Consumer Stock Could Break Higher

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [emailprotected].