Frederic Simon Sells 120,000 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 120,000 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the sale, the director owned 2,984,328 shares of the company’s stock, valued at $271,156,042.08. This represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, June 1st, Frederic Simon sold 120,000 shares of JFrog stock. The shares were sold at an average price of $85.84, for a total transaction of $10,300,800.00.

JFrog Trading Down 1.6%

Shares of FROG stock traded down $1.53 during mid-day trading on Monday, reaching $94.64. The stock had a trading volume of 1,853,273 shares, compared to its average volume of 3,004,796. The firm has a market capitalization of $11.67 billion, a PE ratio of -255.78 and a beta of 1.22. The stock’s 50-day moving average price is $85.58 and its two-hundred day moving average price is $64.33. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $99.22.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, equities research analysts forecast that JFrog Ltd. will post -0.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FROG shares. Stifel Nicolaus lifted their price objective on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a research note on Saturday. Benchmark lifted their price target on shares of JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their price objective on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Finally, Cantor Fitzgerald upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $105.81.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Millstone Evans Group LLC lifted its holdings in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after purchasing an additional 427 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after buying an additional 478 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of JFrog in the 1st quarter worth approximately $30,000. Employees Retirement System of Texas bought a new position in JFrog during the 4th quarter valued at approximately $44,000. Finally, First Horizon Corp bought a new position in JFrog during the 4th quarter valued at approximately $47,000. 85.02% of the stock is currently owned by institutional investors.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.