JFrog (NASDAQ:FROG) CTO Sells 45,000 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 45,000 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $97.27, for a total transaction of $4,377,150.00. Following the completion of the sale, the chief technology officer owned 5,109,038 shares of the company’s stock, valued at $496,956,126.26. The trade was a 0.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, September 4th, Yoav Landman sold 45,000 shares of JFrog stock. The stock was sold at an average price of $89.27, for a total transaction of $4,017,150.00.
• On Thursday, August 27th, Yoav Landman sold 249,300 shares of JFrog stock. The shares were sold at an average price of $100.72, for a total transaction of $25,109,496.00.
• On Thursday, August 13th, Yoav Landman sold 45,000 shares of JFrog stock. The shares were sold at an average price of $90.86, for a total transaction of $4,088,700.00.
• On Friday, July 17th, Yoav Landman sold 45,000 shares of JFrog stock. The stock was sold at an average price of $87.23, for a total transaction of $3,925,350.00.

JFrog Stock Down 0.4%

NASDAQ:FROG traded down $0.36 during trading hours on Wednesday, hitting $98.15. 773,694 shares of the stock were exchanged, compared to its average volume of 2,768,274. The company has a market capitalization of $12.10 billion, a P/E ratio of -265.26 and a beta of 1.24. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $105.76. The company’s 50 day moving average is $90.66 and its two-hundred day moving average is $76.35.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The firm’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, equities research analysts expect that JFrog Ltd. will post -0.11 EPS for the current year.

Hedge Funds Weigh In On JFrog

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FROG. Allworth Financial LP raised its position in JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after purchasing an additional 294 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of JFrog by 4.7% in the 2nd quarter. IFP Advisors Inc now owns 6,872 shares of the company’s stock valued at $625,000 after purchasing an additional 309 shares in the last quarter. Praxis Investment Management Inc. increased its stake in shares of JFrog by 8.0% in the 1st quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock valued at $208,000 after purchasing an additional 330 shares during the last quarter. Millstone Evans Group LLC increased its stake in shares of JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares during the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of JFrog during the 1st quarter worth $30,000. 85.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on FROG shares. Guggenheim raised their target price on JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $115.00 target price on shares of JFrog in a report on Thursday, September 3rd. Canaccord Genuity Group set a $105.00 price target on shares of JFrog in a research report on Friday, August 7th. Piper Sandler upped their price objective on shares of JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Morgan Stanley set a $100.00 price objective on JFrog in a research note on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.48.

About JFrog

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.