JFrog Ltd. (NASDAQ:FROG - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of JFrog in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will earn ($0.31) per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $35.00 target price on the stock. The consensus estimate for JFrog's current full-year earnings is ($0.32) per share.
JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.24). The firm had revenue of $109.06 million during the quarter, compared to analysts' expectations of $105.54 million. JFrog had a negative return on equity of 5.36% and a negative net margin of 13.98%. During the same period in the prior year, the company posted ($0.10) earnings per share.
Several other research firms have also issued reports on FROG. TD Cowen increased their target price on shares of JFrog from $32.00 to $35.00 and gave the stock a "buy" rating in a report on Monday, October 28th. UBS Group increased their price objective on shares of JFrog from $30.00 to $38.00 and gave the company a "buy" rating in a report on Friday, November 8th. Scotiabank increased their price objective on shares of JFrog from $25.00 to $30.00 and gave the company a "sector perform" rating in a report on Friday, November 8th. DA Davidson reaffirmed a "buy" rating and set a $40.00 price objective on shares of JFrog in a report on Monday, October 14th. Finally, Needham & Company LLC increased their price objective on shares of JFrog from $36.00 to $39.00 and gave the company a "buy" rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $37.89.
Check Out Our Latest Stock Report on FROG
JFrog Trading Up 1.2 %
JFrog stock traded up $0.40 during midday trading on Wednesday, hitting $34.32. The stock had a trading volume of 501,821 shares, compared to its average volume of 929,586. The firm's fifty day moving average is $31.08 and its two-hundred day moving average is $30.79. The company has a market capitalization of $3.50 billion, a PE ratio of -64.75 and a beta of 0.95. JFrog has a 52-week low of $22.91 and a 52-week high of $48.81.
Insider Activity
In related news, CEO Ben Haim Shlomi sold 17,775 shares of JFrog stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $31.93, for a total transaction of $567,555.75. Following the completion of the sale, the chief executive officer now owns 4,957,454 shares of the company's stock, valued at $158,291,506.22. The trade was a 0.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frederic Simon sold 35,000 shares of JFrog stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $30.86, for a total value of $1,080,100.00. Following the sale, the director now directly owns 4,514,432 shares of the company's stock, valued at $139,315,371.52. This trade represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 274,146 shares of company stock worth $8,544,054. Company insiders own 15.70% of the company's stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC acquired a new position in JFrog in the third quarter valued at approximately $29,000. West Tower Group LLC purchased a new stake in shares of JFrog in the third quarter valued at approximately $116,000. KBC Group NV increased its position in shares of JFrog by 39.0% in the fourth quarter. KBC Group NV now owns 3,938 shares of the company's stock valued at $116,000 after buying an additional 1,105 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of JFrog in the second quarter valued at approximately $188,000. Finally, SG Americas Securities LLC purchased a new stake in shares of JFrog in the fourth quarter valued at approximately $193,000. 85.02% of the stock is owned by institutional investors and hedge funds.
JFrog Company Profile
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JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.
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