JFrog Ltd. (NASDAQ:FROG) Director Sells $1,257,200.00 in Stock

JFrog Ltd. (NASDAQ:FROG - Get Free Report) Director Frederic Simon sold 35,000 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $35.92, for a total transaction of $1,257,200.00. Following the transaction, the director now owns 4,409,432 shares in the company, valued at approximately $158,386,797.44. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Frederic Simon also recently made the following trade(s):

• On Tuesday, January 14th, Frederic Simon sold 35,000 shares of JFrog stock. The shares were sold at an average price of $31.78, for a total value of $1,112,300.00.
• On Tuesday, December 10th, Frederic Simon sold 35,000 shares of JFrog stock. The shares were sold at an average price of $30.46, for a total value of $1,066,100.00.
• On Friday, November 15th, Frederic Simon sold 35,000 shares of JFrog stock. The stock was sold at an average price of $30.86, for a total value of $1,080,100.00.

JFrog Trading Up 5.5 %

Shares of JFrog stock traded up $2.09 during trading on Monday, hitting $39.80. The stock had a trading volume of 4,887,877 shares, compared to its average volume of 889,485. JFrog Ltd. has a 12 month low of $22.91 and a 12 month high of $48.81. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of -75.09 and a beta of 0.97. The business's 50-day moving average is $32.96 and its 200 day moving average is $30.63.

JFrog (NASDAQ:FROG - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share 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 5.36% and a negative net margin of 13.98%. As a group, equities analysts expect that JFrog Ltd. will post -0.32 EPS for the current year.

Institutional Investors Weigh In On JFrog

A number of institutional investors and hedge funds have recently bought and sold shares of FROG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of JFrog by 19.3% in 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 worth $5,457,000 after buying an additional 30,035 shares during the last quarter. Woodline Partners LP grew its position in JFrog by 1,312.6% in the fourth quarter. Woodline Partners LP now owns 438,454 shares of the company's stock worth $12,895,000 after acquiring an additional 407,415 shares in the last quarter. Sphera Management Technology Funds Ltd bought a new position in JFrog in the fourth quarter valued at $2,455,000. Squarepoint Ops LLC raised its position in JFrog by 20.3% during the fourth quarter. Squarepoint Ops LLC now owns 89,166 shares of the company's stock valued at $2,622,000 after purchasing an additional 15,063 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in JFrog by 20.9% during the fourth quarter. Two Sigma Advisers LP now owns 57,900 shares of the company's stock worth $1,703,000 after purchasing an additional 10,000 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FROG has been the subject of a number of research analyst reports. Stifel Nicolaus raised their price objective on shares of JFrog from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Friday. KeyCorp reaffirmed an "overweight" rating and issued a $46.00 price target (up previously from $36.00) on shares of JFrog in a report on Friday. Robert W. Baird raised their target price on JFrog from $32.00 to $36.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Scotiabank upped their price target on JFrog from $25.00 to $30.00 and gave the company a "sector perform" rating in a research report on Friday, November 8th. Finally, Truist Financial lifted their price objective on JFrog from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Friday. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.17.

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.