Yoav Landman Sells 20,000 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 20,000 shares of JFrog stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $30.45, for a total transaction of $609,000.00. Following the completion of the transaction, the chief technology officer now directly owns 6,436,901 shares in the company, valued at approximately $196,003,635.45. The trade was a 0.31 % 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 Thursday, March 6th, Yoav Landman sold 20,000 shares of JFrog stock. The stock was sold at an average price of $35.56, for a total transaction of $711,200.00.
• On Thursday, February 13th, Yoav Landman sold 24,652 shares of JFrog stock. The stock was sold at an average price of $37.43, for a total transaction of $922,724.36.
• On Monday, February 10th, Yoav Landman sold 100 shares of JFrog stock. The shares were sold at an average price of $37.00, for a total value of $3,700.00.
• On Thursday, February 6th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $36.19, for a total value of $542,850.00.
• On Tuesday, February 4th, Yoav Landman sold 15,889 shares of JFrog stock. The shares were sold at an average price of $36.15, for a total value of $574,387.35.
• On Tuesday, January 28th, Yoav Landman sold 4,111 shares of JFrog stock. The stock was sold at an average price of $36.07, for a total value of $148,283.77.

JFrog Trading Up 0.8 %

Shares of NASDAQ FROG opened at $31.26 on Tuesday. The firm has a market cap of $3.58 billion, a P/E ratio of -49.62 and a beta of 0.98. The business’s 50 day moving average is $34.49 and its 200-day moving average is $32.31. JFrog Ltd. has a 1-year low of $22.91 and a 1-year high of $43.00.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.28). JFrog had a negative net margin of 16.16% and a negative return on equity of 6.42%. The business had revenue of $116.08 million during the quarter, compared to the consensus estimate of $114.16 million. Analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on FROG shares. Barclays boosted their price objective on shares of JFrog from $38.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Stifel Nicolaus boosted their price target on shares of JFrog from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. DA Davidson decreased their price objective on JFrog from $50.00 to $40.00 and set a “buy” rating for the company in a report on Monday. Morgan Stanley lifted their target price on JFrog from $36.00 to $44.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, KeyCorp reissued an “overweight” rating and set a $46.00 price target (up from $36.00) on shares of JFrog in a research report on Friday, February 14th. 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 company. According to data from MarketBeat.com, JFrog has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Institutional Investors Weigh In On JFrog

Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System lifted its position in shares of JFrog by 0.5% during the 4th quarter. California State Teachers Retirement System now owns 80,898 shares of the company’s stock valued at $2,379,000 after acquiring an additional 439 shares during the period. US Bancorp DE raised its stake in JFrog by 7.7% in the fourth quarter. US Bancorp DE now owns 7,199 shares of the company’s stock valued at $212,000 after purchasing an additional 512 shares in the last quarter. Snowden Capital Advisors LLC lifted its position in JFrog by 4.2% during the fourth quarter. Snowden Capital Advisors LLC now owns 13,900 shares of the company’s stock worth $409,000 after purchasing an additional 564 shares during the period. Jones Financial Companies Lllp grew its stake in JFrog by 91.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,204 shares of the company’s stock worth $35,000 after buying an additional 574 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in JFrog by 2.6% in the 4th quarter. Arizona State Retirement System now owns 27,218 shares of the company’s stock valued at $800,000 after buying an additional 682 shares during the period. 85.02% of the stock is currently owned by institutional investors.

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.