JFrog (NASDAQ:FROG) CTO Yoav Landman Sells 45,000 Shares

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 45,000 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $57.71, for a total transaction of $2,596,950.00. Following the completion of the transaction, the chief technology officer owned 5,868,641 shares of the company’s stock, valued at $338,679,272.11. This trade represents a 0.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Wednesday, December 10th, Yoav Landman sold 70,000 shares of JFrog stock. The stock was sold at an average price of $69.22, for a total transaction of $4,845,400.00.

JFrog Trading Down 3.1%

FROG stock traded down $1.75 during trading on Wednesday, reaching $54.15. The stock had a trading volume of 3,078,334 shares, compared to its average volume of 1,956,780. The firm has a fifty day moving average price of $62.24 and a 200 day moving average price of $52.15. The company has a market capitalization of $6.41 billion, a P/E ratio of -77.36 and a beta of 1.13. JFrog Ltd. has a 1-year low of $27.00 and a 1-year high of $70.43.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The company had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. During the same period last year, the firm earned $0.15 earnings per share. The company’s revenue was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Sell-side analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

Hedge Funds Weigh In On JFrog

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Verdence Capital Advisors LLC grew its holdings in JFrog by 2.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock worth $481,000 after buying an additional 253 shares in the last quarter. Snowden Capital Advisors LLC boosted its position in JFrog by 1.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after acquiring an additional 253 shares during the period. Park Avenue Securities LLC grew its stake in shares of JFrog by 3.1% in the fourth quarter. Park Avenue Securities LLC now owns 9,362 shares of the company’s stock worth $585,000 after purchasing an additional 279 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of JFrog by 1.3% during the third quarter. Arizona State Retirement System now owns 28,768 shares of the company’s stock valued at $1,362,000 after purchasing an additional 362 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of JFrog by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company’s stock valued at $326,000 after purchasing an additional 377 shares during the period. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. DA Davidson upgraded JFrog to a “strong-buy” rating in a research note on Friday, November 7th. UBS Group reissued a “neutral” rating on shares of JFrog in a report on Wednesday, January 14th. BTIG Research initiated coverage on JFrog in a research report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price target on the stock. Oppenheimer raised JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a report on Friday, November 7th. Finally, Barclays upped their price objective on JFrog from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and a consensus target price of $65.71.

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.