JFrog (NASDAQ:FROG) CEO Sells $3,900,495.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Shlomi Ben Haim sold 45,700 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $85.35, for a total value of $3,900,495.00. Following the sale, the chief executive officer owned 4,449,305 shares of the company’s stock, valued at $379,748,181.75. The trade was a 1.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ben Haim Shlomi also recently made the following trade(s):

• On Wednesday, September 2nd, Shlomi Ben Haim sold 37,232 shares of JFrog stock. The shares were sold at an average price of $90.51, for a total value of $3,369,868.32.
• On Friday, August 7th, Shlomi Ben Haim sold 15,000 shares of JFrog stock. The shares were sold at an average price of $91.00, for a total value of $1,365,000.00.
• On Wednesday, July 8th, Shlomi Ben Haim sold 15,000 shares of JFrog stock. The stock was sold at an average price of $94.37, for a total transaction of $1,415,550.00.
• On Monday, June 29th, Shlomi Ben Haim sold 65,999 shares of JFrog stock. The stock was sold at an average price of $90.03, for a total transaction of $5,941,889.97.

JFrog Stock Performance

Shares of FROG stock traded up $1.33 during trading on Thursday, hitting $88.65. 1,026,371 shares of the company were exchanged, compared to its average volume of 2,903,657. The business’s 50-day simple moving average is $89.10 and its 200 day simple moving average is $69.36. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $105.76. The firm has a market capitalization of $10.93 billion, a price-to-earnings ratio of -239.59 and a beta of 1.28.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The firm had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same quarter in the prior year, the business earned $0.18 EPS. The company’s revenue for the quarter was up 28.7% compared to the same quarter last year. 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 analysts forecast that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FROG. Millstone Evans Group LLC lifted its stake in shares of JFrog by 242.6% in the 1st 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. Western Wealth Management LLC acquired a new position in JFrog during the first quarter worth $30,000. Bessemer Group Inc. acquired a new position in JFrog during the first quarter worth $36,000. Employees Retirement System of Texas acquired a new position in JFrog during the fourth quarter worth $44,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in JFrog by 12,566.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after buying an additional 754 shares in the last quarter. Institutional investors own 85.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Raymond James Financial set a $120.00 price target on shares of JFrog in a research note on Friday, August 7th. Wall Street Zen cut JFrog from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. BTIG Research restated a “buy” rating and issued a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. Piper Sandler upped their target price on JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a research note on Friday, July 17th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $107.14.

JFrog Company Profile

JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.