Yoav Landman Sells 15,000 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CTO Yoav Landman sold 15,000 shares of JFrog stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $31.55, for a total transaction of $473,250.00. Following the completion of the transaction, the chief technology officer now directly owns 6,567,242 shares in the company, valued at $207,196,485.10. This trade represents a 0.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Thursday, December 12th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $30.26, for a total value of $453,900.00.

JFrog Price Performance

Shares of FROG traded down $0.63 during trading hours on Monday, hitting $31.30. 819,078 shares of the stock were exchanged, compared to its average volume of 821,054. The firm has a market capitalization of $3.19 billion, a P/E ratio of -59.06 and a beta of 0.95. JFrog Ltd. has a fifty-two week low of $22.91 and a fifty-two week high of $48.81. The business has a 50-day moving average of $30.89 and a 200-day moving average of $30.95.

Analysts Set New Price Targets

FROG has been the topic of a number of recent analyst reports. Truist Financial reiterated a "buy" rating and issued a $35.00 target price (up previously from $33.00) on shares of JFrog in a research report on Friday, November 8th. Needham & Company LLC upped their price objective on shares of JFrog from $33.00 to $36.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Cantor Fitzgerald restated an "overweight" rating and issued a $35.00 target price on shares of JFrog in a research report on Tuesday, October 29th. Barclays decreased their target price on shares of JFrog from $40.00 to $38.00 and set an "overweight" rating on the stock in a research note on Monday, November 11th. Finally, Scotiabank increased their price target on JFrog from $25.00 to $30.00 and gave the company a "sector perform" rating in a research note on Friday, November 8th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $37.72.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. bought a new position in JFrog during the second quarter worth $10,446,000. State of New Jersey Common Pension Fund D grew its stake in shares of JFrog by 31.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 82,788 shares of the company's stock valued at $3,109,000 after buying an additional 19,723 shares during the period. American Century Companies Inc. increased its position in JFrog by 172.5% in the 2nd quarter. American Century Companies Inc. now owns 1,330,034 shares of the company's stock valued at $49,943,000 after buying an additional 841,956 shares in the last quarter. Thoroughbred Financial Services LLC raised its stake in JFrog by 28.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 22,864 shares of the company's stock worth $858,000 after buying an additional 5,034 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in JFrog by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 162,132 shares of the company's stock worth $6,088,000 after buying an additional 6,026 shares during the period. 85.02% of the stock is owned by institutional investors.

About JFrog

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.