JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman Sells 4,111 Shares

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 4,111 shares of JFrog stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $36.07, for a total value of $148,283.77. Following the completion of the transaction, the chief technology officer now owns 6,563,131 shares of the company’s stock, valued at approximately $236,732,135.17. The trade was a 0.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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 transaction of $473,250.00.
• 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 Stock Up 0.2 %

FROG opened at $35.36 on Friday. JFrog Ltd. has a 12-month low of $22.91 and a 12-month high of $48.81. The firm has a market capitalization of $3.60 billion, a P/E ratio of -66.72 and a beta of 0.95. The stock’s 50 day moving average price is $31.58 and its two-hundred day moving average price is $30.79.

JFrog (NASDAQ:FROG) last posted its quarterly 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). JFrog had a negative return on equity of 5.36% and a negative net margin of 13.98%. The company had revenue of $109.06 million during the quarter, compared to analyst estimates of $105.54 million. During the same quarter in the prior year, the business earned ($0.10) earnings per share. As a group, analysts anticipate that JFrog Ltd. will post -0.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FROG shares. Needham & Company LLC upped their price target on shares of JFrog from $36.00 to $39.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. UBS Group increased their price objective on JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Barclays dropped their target price on JFrog from $40.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, November 11th. TD Cowen lifted their target price on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $35.00 price objective (up previously from $33.00) on shares of JFrog in a research note on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.89.

Institutional Investors Weigh In On JFrog

Several institutional investors and hedge funds have recently bought and sold shares of FROG. Sei Investments Co. boosted its position in shares of JFrog by 3.3% during the 2nd quarter. Sei Investments Co. now owns 104,724 shares of the company’s stock valued at $3,932,000 after acquiring an additional 3,314 shares in the last quarter. Marshall Wace LLP acquired a new stake in JFrog during the second quarter valued at approximately $222,000. Mackenzie Financial Corp grew its stake in shares of JFrog by 7.0% in the 2nd quarter. Mackenzie Financial Corp now owns 5,841 shares of the company’s stock valued at $219,000 after purchasing an additional 384 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JFrog by 6.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,427 shares of the company’s stock worth $805,000 after buying an additional 1,368 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of JFrog during the 2nd quarter worth approximately $188,000. Institutional investors own 85.02% of the company’s stock.

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.