JFrog (NASDAQ:FROG) CRO Tali Notman Sells 22,015 Shares

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 22,015 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the sale, the executive owned 706,629 shares in the company, valued at approximately $59,321,504.55. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 2nd, Tali Notman sold 22,854 shares of JFrog stock. The shares were sold at an average price of $86.54, for a total value of $1,977,785.16.

JFrog Price Performance

Shares of NASDAQ FROG traded down $4.41 during mid-day trading on Tuesday, hitting $81.26. The company had a trading volume of 2,489,783 shares, compared to its average volume of 3,056,124. The company has a market capitalization of $9.84 billion, a PE ratio of -153.32 and a beta of 1.23. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $89.16. The business’s 50-day simple moving average is $59.19 and its 200 day simple moving average is $56.25.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same period last year, the firm earned $0.20 earnings per share. The company’s revenue for the quarter was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, analysts expect that JFrog Ltd. will post -0.17 EPS for the current year.

Hedge Funds Weigh In On JFrog

Institutional investors and hedge funds have recently modified their holdings of the company. Blue Trust Inc. acquired a new position in shares of JFrog during the fourth quarter worth $30,000. Millstone Evans Group LLC grew its stake in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares in the last quarter. Western Wealth Management LLC purchased a new stake in JFrog in the first quarter valued at $30,000. Finally, Employees Retirement System of Texas purchased a new stake in JFrog in the fourth quarter valued at $44,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on FROG shares. Guggenheim upped their target price on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Bank of America boosted their target price on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday. Barclays boosted their target price on shares of JFrog from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. UBS Group boosted their target price on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $70.00 target price on shares of JFrog in a research note on Thursday, February 26th. Twenty equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $77.80.

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.