Tali Notman Sells 10,791 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 10,791 shares of JFrog stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $31.03, for a total value of $334,844.73. Following the completion of the sale, the executive now owns 514,394 shares in the company, valued at approximately $15,961,645.82. The trade was a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Tali Notman also recently made the following trade(s):

• On Monday, December 2nd, Tali Notman sold 11,529 shares of JFrog stock. The stock was sold at an average price of $30.60, for a total transaction of $352,787.40.

JFrog Stock Down 2.2 %

JFrog stock traded down $0.67 during midday trading on Tuesday, reaching $30.26. The company’s stock had a trading volume of 537,233 shares, compared to its average volume of 1,240,169. The business has a 50-day simple moving average of $30.36 and a 200-day simple moving average of $31.42. The company has a market cap of $3.08 billion, a P/E ratio of -58.36 and a beta of 0.94. JFrog Ltd. has a fifty-two week low of $22.91 and a fifty-two week high of $48.81.

Analyst Ratings Changes

FROG has been the subject of several recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $35.00 price target on shares of JFrog in a report on Tuesday, October 29th. Barclays cut their target price on JFrog from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, November 11th. Truist Financial reissued a “buy” rating and issued a $35.00 price objective (up previously from $33.00) on shares of JFrog in a report on Friday, November 8th. Robert W. Baird lifted their target price on shares of JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, TD Cowen increased their price target on shares of JFrog from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Three research 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.72.

Institutional Investors Weigh In On JFrog

Several large investors have recently modified their holdings of the company. Bank of New York Mellon Corp lifted its position in JFrog by 22.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,083,650 shares of the company’s stock worth $115,791,000 after acquiring an additional 561,897 shares during the period. TimesSquare Capital Management LLC raised its stake in shares of JFrog by 114.1% during the third quarter. TimesSquare Capital Management LLC now owns 3,034,900 shares of the company’s stock worth $88,133,000 after purchasing an additional 1,617,551 shares during the last quarter. North Peak Capital Management LLC acquired a new stake in shares of JFrog during the third quarter worth $73,417,000. Thrivent Financial for Lutherans grew its position in JFrog by 33.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,374,972 shares of the company’s stock valued at $68,969,000 after buying an additional 593,478 shares during the last quarter. Finally, Wasatch Advisors LP grew its position in JFrog by 6.2% in the 3rd quarter. Wasatch Advisors LP now owns 2,140,884 shares of the company’s stock valued at $62,171,000 after buying an additional 124,420 shares during the last quarter. 85.02% of the stock is owned by institutional investors and hedge funds.

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.