JFrog (NASDAQ:FROG) CEO Ben Haim Shlomi Sells 25,000 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 25,000 shares of JFrog stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $59.66, for a total transaction of $1,491,500.00. Following the sale, the chief executive officer owned 4,766,893 shares of the company’s stock, valued at $284,392,836.38. The trade was a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Ben Haim Shlomi also recently made the following trade(s):

• On Thursday, November 6th, Ben Haim Shlomi sold 15,000 shares of JFrog stock. The shares were sold at an average price of $46.01, for a total value of $690,150.00.

JFrog Price Performance

Shares of FROG stock opened at $59.27 on Friday. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of -84.67 and a beta of 1.13. The business has a fifty day moving average of $61.76 and a 200 day moving average of $51.32. JFrog Ltd. has a 1 year low of $27.00 and a 1 year high of $70.43.

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

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Barclays restated an “overweight” rating and set a $67.00 price objective on shares of JFrog in a research note on Friday, January 2nd. BTIG Research started coverage on shares of JFrog in a research report on Tuesday, December 16th. They set a “buy” rating and a $83.00 target price for the company. Wall Street Zen raised shares of JFrog from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. KeyCorp lifted their price objective on JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Finally, Morgan Stanley boosted their price objective on JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $65.53.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Assenagon Asset Management S.A. grew its position in shares of JFrog by 378.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,543,011 shares of the company’s stock valued at $96,376,000 after acquiring an additional 1,220,768 shares during the period. Norges Bank purchased a new position in JFrog during the second quarter worth approximately $50,968,000. Lazard Asset Management LLC boosted its position in JFrog by 1,669.6% during the third quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after purchasing an additional 1,118,427 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in JFrog in the third quarter valued at approximately $51,443,000. Finally, Marshall Wace LLP increased its position in shares of JFrog by 4,233.4% in the second quarter. Marshall Wace LLP now owns 980,179 shares of the company’s stock valued at $43,010,000 after buying an additional 957,560 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.