Key Points
- JFrog CEO Ben Haim Shlomi sold 25,000 shares on Feb. 5 at an average price of $51.92 for $1.298M (he also sold 25,000 on Jan. 7 at $59.66); the transaction trimmed his stake by 0.52% and he still owns 4,741,893 shares.
- Analysts are largely positive with a consensus rating of "Moderate Buy" and a consensus target price of $65.71, and several firms recently raised targets into the $65–$70 range.
- The stock trades around $51.25 with a $6.06B market cap, a negative P/E of -73.21, a 52‑week range of $27.00–$70.43, and 50/200‑day SMAs of $60.70/$53.46.
JFrog Ltd. (NASDAQ:FROG - Get Free Report) CEO Ben Haim Shlomi sold 25,000 shares of JFrog stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $51.92, for a total value of $1,298,000.00. Following the completion of the transaction, the chief executive officer owned 4,741,893 shares of the company's stock, valued at $246,199,084.56. The trade was a 0.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Ben Haim Shlomi also recently made the following trade(s):
- On Wednesday, January 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $59.66, for a total value of $1,491,500.00.
JFrog Stock Performance
NASDAQ:FROG opened at $51.25 on Tuesday. JFrog Ltd. has a 1 year low of $27.00 and a 1 year high of $70.43. The stock has a market cap of $6.06 billion, a P/E ratio of -73.21 and a beta of 1.13. The stock has a 50-day simple moving average of $60.70 and a 200-day simple moving average of $53.46.
Wall Street Analysts Forecast Growth
FROG has been the subject of several recent analyst reports. Needham & Company LLC boosted their price objective on shares of JFrog from $55.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, November 7th. TD Cowen reaffirmed a "buy" rating on shares of JFrog in a report on Friday, October 17th. JPMorgan Chase & Co. boosted their target price on JFrog from $55.00 to $65.00 and gave the company an "overweight" rating in a report on Friday, November 7th. Piper Sandler upped their target price on JFrog from $60.00 to $70.00 and gave the company a "neutral" rating in a research report on Monday, January 5th. Finally, UBS Group reaffirmed a "neutral" rating on shares of JFrog in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $65.71.
Check Out Our Latest Research Report on FROG
Hedge Funds Weigh In On JFrog
Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. acquired a new stake in JFrog during the 4th quarter worth approximately $30,000. Farther Finance Advisors LLC raised its stake 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 purchasing an additional 478 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of JFrog during the fourth quarter worth $44,000. First Horizon Corp purchased a new position in JFrog in the 4th quarter valued at $47,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in JFrog in the 3rd quarter valued at $56,000. Institutional investors and hedge funds own 85.02% of the company's stock.
About JFrog
(
Get Free Report)
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.
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