Key Points
- JFrog CEO Ben Haim Shlomi sold 93,072 shares on June 8 at an average price of $84.60, generating about $7.87 million in proceeds. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Following the transaction, Shlomi still directly owned 4.66 million shares of JFrog, valued at roughly $394.1 million, and the sale represented a 1.96% reduction in his holdings.
- JFrog recently reported better-than-expected quarterly results, with revenue up 25.8% year over year and earnings per share of $0.27 versus the $0.22 estimate. Analysts remain mostly bullish, with a consensus Moderate Buy rating and an average price target of $78.45.
JFrog Ltd. (NASDAQ:FROG - Get Free Report) Director Barry Zwarenstein sold 1,250 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.35, for a total value of $105,437.50. Following the completion of the transaction, the director owned 32,937 shares in the company, valued at $2,778,235.95. This represents a 3.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
JFrog Stock Performance
NASDAQ:FROG opened at $80.36 on Thursday. The stock's 50 day moving average price is $60.70 and its 200 day moving average price is $56.54. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $89.16. The company has a market capitalization of $9.73 billion, a P/E ratio of -151.62 and a beta of 1.23.
JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The firm had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The firm's revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, sell-side analysts forecast that JFrog Ltd. will post -0.17 earnings per share for the current fiscal year.
Institutional Investors Weigh In On JFrog
A number of large investors have recently added to or reduced their stakes in the stock. Snowden Capital Advisors LLC boosted its position in JFrog by 1.7% during the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company's stock worth $666,000 after purchasing an additional 253 shares during the period. Park Avenue Securities LLC increased its position in JFrog by 3.1% during the fourth quarter. Park Avenue Securities LLC now owns 9,362 shares of the company's stock worth $585,000 after acquiring an additional 279 shares during the period. Oppenheimer Asset Management Inc. increased its position in JFrog by 2.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company's stock worth $948,000 after acquiring an additional 299 shares during the period. Praxis Investment Management Inc. raised its stake in JFrog by 8.0% during 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. Finally, Integrated Wealth Concepts LLC boosted its holdings in JFrog by 5.8% in the 3rd 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. Institutional investors own 85.02% of the company's stock.
Analysts Set New Price Targets
FROG has been the topic of a number of research reports. Stifel Nicolaus increased their price objective on JFrog from $75.00 to $85.00 and gave the stock a "buy" rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. upped their target price on JFrog from $68.00 to $76.00 and gave the stock an "overweight" rating in a research report on Friday, May 8th. DA Davidson set a $90.00 target price on JFrog in a research report on Friday, May 8th. Wall Street Zen cut JFrog from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. Finally, Canaccord Genuity Group decreased their target price on JFrog from $75.00 to $66.00 and set a "buy" rating for the company in a research report on Friday, February 13th. Twenty analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $78.45.
View Our Latest Analysis on JFrog
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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