JFrog (NASDAQ:FROG) Director Yvonne Wassenaar Sells 1,372 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,372 shares of JFrog stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $49.90, for a total transaction of $68,462.80. Following the completion of the sale, the director directly owned 30,679 shares of the company’s stock, valued at approximately $1,530,882.10. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Yvonne Wassenaar also recently made the following trade(s):

• On Thursday, August 28th, Yvonne Wassenaar sold 1,368 shares of JFrog stock. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00.

JFrog Trading Up 2.3%

NASDAQ:FROG opened at $48.08 on Friday. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $51.94. The company has a market cap of $5.61 billion, a PE ratio of -62.44 and a beta of 1.05. The company has a 50 day simple moving average of $46.64 and a two-hundred day simple moving average of $40.99.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The business had revenue of $127.20 million during the quarter, compared to the consensus estimate of $122.80 million. During the same quarter in the previous year, the firm posted $0.15 EPS. The firm’s revenue was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Canaccord Genuity Group lifted their target price on shares of JFrog from $52.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of JFrog in a research report on Wednesday, September 10th. KeyCorp boosted their price objective on shares of JFrog from $52.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Raymond James Financial boosted their price objective on shares of JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $60.00 price objective on shares of JFrog in a research report on Monday, September 15th. Fifteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $50.25.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. boosted its holdings in JFrog by 3.2% in the 1st quarter. Raymond James Financial Inc. now owns 1,072,136 shares of the company’s stock worth $34,308,000 after buying an additional 33,236 shares during the period. Nishkama Capital LLC bought a new position in JFrog in the 1st quarter worth $6,561,000. T. Rowe Price Investment Management Inc. boosted its holdings in JFrog by 65.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after buying an additional 1,037,482 shares during the period. Malaga Cove Capital LLC bought a new position in JFrog in the 1st quarter worth $413,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in JFrog by 14.7% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 605,721 shares of the company’s stock worth $19,383,000 after buying an additional 77,461 shares during the period. Institutional investors 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.