JFrog Ltd. (NASDAQ:FROG) CTO Sells $922,724.36 in Stock

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CTO Yoav Landman sold 24,652 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $37.43, for a total value of $922,724.36. Following the completion of the sale, the chief technology officer now owns 6,526,901 shares of the company's stock, valued at approximately $244,301,904.43. The trade was a 0.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, February 10th, Yoav Landman sold 100 shares of JFrog stock. The shares were sold at an average price of $37.00, for a total value of $3,700.00.
• On Thursday, February 6th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $36.19, for a total transaction of $542,850.00.
• On Tuesday, February 4th, Yoav Landman sold 15,889 shares of JFrog stock. The stock was sold at an average price of $36.15, for a total transaction of $574,387.35.
• On Tuesday, January 28th, Yoav Landman sold 4,111 shares of JFrog stock. The shares were sold at an average price of $36.07, for a total transaction of $148,283.77.
• On Friday, January 10th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $31.55, for a total value of $473,250.00.
• On Thursday, December 12th, Yoav Landman sold 15,000 shares of JFrog stock. The shares were sold at an average price of $30.26, for a total value of $453,900.00.

JFrog Stock Performance

FROG stock traded up $2.09 during midday trading on Monday, reaching $39.80. 4,887,877 shares of the company traded hands, compared to its average volume of 889,485. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of -75.09 and a beta of 0.97. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $48.81. The business has a 50 day moving average of $32.96 and a 200-day moving average of $30.63.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.28). The company had revenue of $116.08 million for the quarter, compared to analysts' expectations of $114.16 million. JFrog had a negative net margin of 13.98% and a negative return on equity of 5.36%. Research analysts anticipate that JFrog Ltd. will post -0.32 earnings per share for the current year.

Institutional Investors Weigh In On JFrog

Several institutional investors have recently made changes to their positions in FROG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in JFrog by 19.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,552 shares of the company's stock valued at $5,457,000 after purchasing an additional 30,035 shares during the last quarter. Woodline Partners LP boosted its position in shares of JFrog by 1,312.6% during the fourth quarter. Woodline Partners LP now owns 438,454 shares of the company's stock valued at $12,895,000 after buying an additional 407,415 shares during the period. Sphera Management Technology Funds Ltd bought a new position in shares of JFrog during the fourth quarter valued at approximately $2,455,000. Squarepoint Ops LLC raised its holdings in shares of JFrog by 20.3% in the fourth quarter. Squarepoint Ops LLC now owns 89,166 shares of the company's stock worth $2,622,000 after buying an additional 15,063 shares during the period. Finally, Two Sigma Advisers LP lifted its stake in shares of JFrog by 20.9% during the 4th quarter. Two Sigma Advisers LP now owns 57,900 shares of the company's stock worth $1,703,000 after acquiring an additional 10,000 shares during the last quarter. Institutional investors own 85.02% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays increased their target price on JFrog from $38.00 to $48.00 and gave the stock an "overweight" rating in a research report on Friday. Needham & Company LLC lifted their price objective on shares of JFrog from $39.00 to $46.00 and gave the company a "buy" rating in a research report on Friday. UBS Group upped their target price on shares of JFrog from $30.00 to $38.00 and gave the stock a "buy" rating in a research report on Friday, November 8th. Truist Financial lifted their price target on shares of JFrog from $35.00 to $45.00 and gave the company a "buy" rating in a report on Friday. Finally, Morgan Stanley boosted their price target on shares of JFrog from $36.00 to $44.00 and gave the stock an "overweight" rating in a research note on Friday. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, JFrog has an average rating of "Moderate Buy" and an average target price of $42.17.

JFrog Company Profile

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.