Insider Selling: JFrog (NASDAQ:FROG) Director Sells $10,903,200.00 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 120,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total value of $10,903,200.00. Following the completion of the sale, the director owned 2,984,328 shares of the company’s stock, valued at approximately $271,156,042.08. This trade represents a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Frederic Simon also recently made the following trade(s):

• On Monday, June 1st, Frederic Simon sold 120,000 shares of JFrog stock. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00.

JFrog Stock Performance

NASDAQ:FROG opened at $91.21 on Thursday. The company has a market cap of $11.25 billion, a price-to-earnings ratio of -246.51 and a beta of 1.22. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The stock has a fifty day moving average price of $86.18 and a 200-day moving average price of $65.05.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.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 previous year, the firm earned $0.18 earnings per share. JFrog’s revenue for the quarter 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. Research analysts predict that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Oppenheimer increased their price target on shares of JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Bank of America boosted their price objective on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. TD Cowen upped their target price on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Needham & Company LLC raised their target price on JFrog from $80.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Cantor Fitzgerald lifted their price target on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $105.81.

Hedge Funds Weigh In On JFrog

A number of institutional investors have recently added to or reduced their stakes in FROG. Millstone Evans Group LLC boosted its position in JFrog by 242.6% in 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 in the last quarter. Farther Finance Advisors LLC increased 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 worth $39,000 after buying an additional 478 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of JFrog in the 1st quarter valued at $30,000. Employees Retirement System of Texas bought a new position in shares of JFrog in the 4th quarter valued at $44,000. Finally, First Horizon Corp acquired a new stake in shares of JFrog during the 4th quarter valued at $47,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

About JFrog

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.