JFrog Ltd. (NASDAQ:FROG - Get Free Report) CRO Tali Notman sold 16,548 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $36.55, for a total value of $604,829.40. Following the completion of the sale, the executive now directly owns 744,903 shares in the company, valued at approximately $27,226,204.65. This trade represents a 2.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Tali Notman also recently made the following trade(s):
- On Monday, January 27th, Tali Notman sold 75,635 shares of JFrog stock. The shares were sold at an average price of $35.00, for a total transaction of $2,647,225.00.
- On Monday, December 9th, Tali Notman sold 10,791 shares of JFrog stock. The stock was sold at an average price of $31.03, for a total transaction of $334,844.73.
JFrog Stock Performance
NASDAQ FROG traded down $0.24 on Friday, reaching $34.47. The company's stock had a trading volume of 828,270 shares, compared to its average volume of 1,176,481. JFrog Ltd. has a twelve month low of $22.91 and a twelve month high of $46.65. The firm's 50 day moving average is $34.89 and its two-hundred day moving average is $31.45. The stock has a market cap of $3.51 billion, a PE ratio of -54.71 and a beta of 0.95.
JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.28). The business had revenue of $116.08 million during the quarter, compared to the consensus estimate of $114.16 million. JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. Equities research analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current fiscal year.
Institutional Investors Weigh In On JFrog
Institutional investors and hedge funds have recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of JFrog by 30.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 894,047 shares of the company's stock worth $25,963,000 after purchasing an additional 210,000 shares during the period. abrdn plc increased its stake in JFrog by 4.1% in the 4th quarter. abrdn plc now owns 772,202 shares of the company's stock worth $22,784,000 after purchasing an additional 30,392 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in JFrog by 11.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,508,852 shares of the company's stock worth $43,817,000 after buying an additional 159,483 shares during the period. Peregrine Capital Management LLC lifted its stake in JFrog by 11.9% during the fourth quarter. Peregrine Capital Management LLC now owns 327,835 shares of the company's stock valued at $9,642,000 after buying an additional 34,900 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in JFrog by 55.8% during the third quarter. Principal Financial Group Inc. now owns 1,437,941 shares of the company's stock valued at $41,757,000 after buying an additional 514,895 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have commented on FROG shares. Canaccord Genuity Group upped their target price on shares of JFrog from $38.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Stifel Nicolaus increased their price objective on JFrog from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Needham & Company LLC raised their target price on JFrog from $39.00 to $46.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Morgan Stanley boosted their price target on JFrog from $36.00 to $44.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $38.00 price target on shares of JFrog in a report on Wednesday, February 12th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $41.06.
View Our Latest Report on JFrog
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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