JFrog (NASDAQ:FROG) Director Frederic Simon Sells 80,000 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Frederic Simon sold 80,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $61.76, for a total transaction of $4,940,800.00. Following the completion of the sale, the director directly owned 3,867,786 shares of the company’s stock, valued at $238,874,463.36. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, November 7th, Frederic Simon sold 100,000 shares of JFrog stock. The shares were sold at an average price of $58.84, for a total value of $5,884,000.00.
• On Tuesday, October 14th, Frederic Simon sold 35,000 shares of JFrog stock. The stock was sold at an average price of $46.92, for a total value of $1,642,200.00.
• On Tuesday, September 9th, Frederic Simon sold 35,000 shares of JFrog stock. The stock was sold at an average price of $50.01, for a total value of $1,750,350.00.

JFrog Stock Performance

FROG traded up $0.56 during trading on Friday, hitting $61.53. The stock had a trading volume of 157,896 shares, compared to its average volume of 1,171,006. JFrog Ltd. has a twelve month low of $27.00 and a twelve month high of $65.50. The firm has a market capitalization of $7.28 billion, a P/E ratio of -87.82 and a beta of 1.02. The company’s 50-day moving average price is $51.91 and its 200 day moving average price is $46.62.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The firm had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. During the same quarter last year, the firm earned $0.15 earnings per share. The firm’s revenue was up 25.5% compared to the same quarter last year. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. As a group, equities analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on FROG shares. Canaccord Genuity Group lifted their price objective on JFrog from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Needham & Company LLC increased their target price on JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 7th. Cowen reissued a “buy” rating on shares of JFrog in a report on Friday, October 17th. Raymond James Financial increased their price objective on JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and a consensus price target of $62.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Verdence Capital Advisors LLC boosted its holdings in shares of JFrog by 2.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock valued at $481,000 after purchasing an additional 253 shares during the last quarter. Snowden Capital Advisors LLC raised its holdings in shares of JFrog by 1.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock valued at $666,000 after buying an additional 253 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of JFrog by 32.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after purchasing an additional 329 shares in the last quarter. Arizona State Retirement System lifted its holdings in JFrog by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 28,768 shares of the company’s stock worth $1,362,000 after buying an additional 362 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of JFrog by 5.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company’s stock valued at $326,000 after buying an additional 377 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.