Key Points
- JFrog director Frederic Simon sold 120,000 shares at an average price of $97.24, generating approximately $11.67 million. The Rule 10b5-1 transaction reduced his direct holdings by 4.19% to 2.74 million shares.
- JFrog shares opened at $97.86, with the stock up 2.5%; it has a market capitalization of approximately $12.07 billion and trades near its 52-week high of $105.76.
- The company recently exceeded quarterly earnings and revenue expectations, reporting $0.27 EPS and $163.77 million in revenue. Analysts maintain a Moderate Buy consensus with an average price target of $109.48, while institutional investors own 85.02% of the stock.
JFrog Ltd. (NASDAQ:FROG - Get Free Report) Director Frederic Simon sold 120,000 shares of the firm's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $97.24, for a total transaction of $11,668,800.00. Following the transaction, the director directly owned 2,744,328 shares of the company's stock, valued at approximately $266,858,454.72. This trade represents a 4.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Frederic Simon also recently made the following trade(s):
- On Tuesday, September 1st, Frederic Simon sold 120,000 shares of JFrog stock. The stock was sold at an average price of $93.21, for a total transaction of $11,185,200.00.
- On Thursday, August 13th, Frederic Simon sold 120,000 shares of JFrog stock. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00.
JFrog Stock Up 2.5%
Shares of NASDAQ FROG opened at $97.86 on Tuesday. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of -264.48 and a beta of 1.24. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $105.76. The company's 50-day simple moving average is $90.22 and its 200-day simple moving average is $75.97.
JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company'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 earned $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. Equities research analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of FROG. Wasatch Advisors LP raised its stake in JFrog by 187.4% during the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company's stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the period. First Trust Advisors LP raised its stake in shares of JFrog by 85,066.4% during the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company's stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the period. Fiera Capital Corp lifted its holdings in JFrog by 37.5% in the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company's stock worth $140,750,000 after buying an additional 614,383 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of JFrog by 48.2% in the first quarter. Bank of America Corp DE now owns 2,517,899 shares of the company's stock worth $118,165,000 after acquiring an additional 819,326 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC boosted its stake in shares of JFrog by 77.8% during the 4th quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company's stock valued at $99,157,000 after buying an additional 694,700 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.
Analyst Ratings Changes
FROG has been the topic of a number of research reports. Raymond James Financial set a $120.00 target price on shares of JFrog in a report on Friday, August 7th. Oppenheimer increased their price target on shares of JFrog from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. BTIG Research reissued a "buy" rating and issued a $115.00 target price on shares of JFrog in a research report on Friday, September 4th. Barclays reiterated an "overweight" rating and set a $110.00 price target on shares of JFrog in a research note on Friday, August 7th. Finally, Bank of America lifted their target price on JFrog from $85.00 to $100.00 and gave the company a "buy" rating in a research note on Monday, June 8th. Twenty-one equities research 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 has an average rating of "Moderate Buy" and a consensus price target of $109.48.
View Our Latest Research Report on FROG
About JFrog
(
Get Free Report)
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.
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