Yossi Sela Sells 14,300 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Yossi Sela sold 14,300 shares of JFrog stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $40.52, for a total value of $579,436.00. Following the sale, the director now owns 306,277 shares in the company, valued at $12,410,344.04. This trade represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Yossi Sela also recently made the following trade(s):

• On Wednesday, December 4th, Yossi Sela sold 25,000 shares of JFrog stock. The stock was sold at an average price of $31.86, for a total value of $796,500.00.

JFrog Stock Performance

NASDAQ:FROG opened at $38.53 on Friday. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $46.65. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of -61.16 and a beta of 0.97. The business’s fifty day moving average is $33.73 and its 200 day moving average is $30.81.

JFrog (NASDAQ:FROG) last released its quarterly earnings data 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). The company had revenue of $116.08 million for the quarter, compared to the consensus estimate of $114.16 million. JFrog had a negative net margin of 16.16% and a negative return on equity of 6.42%. Equities analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on FROG shares. Robert W. Baird lifted their price target on JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley boosted their target price on JFrog from $36.00 to $44.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Truist Financial boosted their target price on JFrog from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Friday, February 14th. UBS Group boosted their target price on JFrog from $30.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, TD Cowen boosted their target price on JFrog from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $42.17.

Hedge Funds Weigh In On JFrog

Institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its stake in JFrog by 91.1% in the 4th quarter. Jones Financial Companies Lllp now owns 1,204 shares of the company’s stock worth $35,000 after acquiring an additional 574 shares during the last quarter. KBC Group NV increased its stake in JFrog by 39.0% in the 4th quarter. KBC Group NV now owns 3,938 shares of the company’s stock worth $116,000 after acquiring an additional 1,105 shares during the last quarter. West Tower Group LLC bought a new position in JFrog in the 3rd quarter worth about $116,000. BankPlus Trust Department bought a new position in JFrog in the 4th quarter worth about $131,000. Finally, Tower Research Capital LLC TRC increased its stake in JFrog by 33,106.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,313 shares of the company’s stock worth $156,000 after acquiring an additional 5,297 shares during the last quarter. 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.