JFrog Ltd. (NASDAQ:FROG – Get Free Report) CEO Shlomi Ben Haim sold 37,232 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $90.51, for a total value of $3,369,868.32. Following the completion of the transaction, the chief executive officer directly owned 4,495,005 shares of the company’s stock, valued at approximately $406,842,902.55. This represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Ben Haim Shlomi also recently made the following trade(s):
- On Friday, August 7th, Shlomi Ben Haim sold 15,000 shares of JFrog stock. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00.
- On Wednesday, July 8th, Shlomi Ben Haim sold 15,000 shares of JFrog stock. The stock was sold at an average price of $94.37, for a total value of $1,415,550.00.
- On Monday, June 29th, Shlomi Ben Haim sold 65,999 shares of JFrog stock. The shares were sold at an average price of $90.03, for a total value of $5,941,889.97.
- On Monday, June 8th, Shlomi Ben Haim sold 93,072 shares of JFrog stock. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20.
JFrog Price Performance
Shares of NASDAQ FROG traded down $1.12 during mid-day trading on Thursday, reaching $90.61. 2,748,538 shares of the company’s stock were exchanged, compared to its average volume of 2,931,994. The firm has a 50-day moving average price of $89.06 and a two-hundred day moving average price of $68.02. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of -244.89 and a beta of 1.28. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $105.76.
Institutional Trading of JFrog
A number of hedge funds and other institutional investors have recently made changes to their positions in FROG. Millstone Evans Group LLC lifted its holdings in JFrog by 242.6% during the 1st 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. Western Wealth Management LLC purchased a new position in JFrog during the 1st quarter valued at about $30,000. Bessemer Group Inc. purchased a new position in JFrog during the 1st quarter valued at about $36,000. Farther Finance Advisors LLC increased its position in shares of JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 478 shares during the period. Finally, Employees Retirement System of Texas purchased a new stake in shares of JFrog in the fourth quarter worth about $44,000. 85.02% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Morgan Stanley set a $100.00 target price on JFrog in a research report on Friday, August 7th. Canaccord Genuity Group set a $105.00 price target on JFrog in a research note on Friday, August 7th. Raymond James Financial set a $120.00 price objective on JFrog in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Oppenheimer increased their target price on shares of JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $106.36.
Check Out Our Latest Stock Analysis on FROG
Key Headlines Impacting JFrog
Here are the key news stories impacting JFrog this week:
- Positive Sentiment: TD Cowen, RBC and Needham reaffirmed favorable ratings on JFrog—Buy, Outperform and Buy, respectively—with price targets of $120, $118 and $115. These targets imply roughly 23%–28% potential upside from recent levels and reinforce strong Wall Street confidence.
- Positive Sentiment: JFrog announced expanded security and software-supply-chain offerings, including zero-touch remediation, continuous compliance capabilities for AI-era development and security features for agentic workforces. These products could broaden the company’s addressable market and increase platform adoption. JFrog Introduces Zero-Touch Remediation
- Positive Sentiment: A partnership with Wiz is intended to improve protection against AI-era threats, supporting JFrog’s positioning as a broader software supply-chain security provider. JFrog Partners with Wiz
- Neutral Sentiment: Director Elisa Steele sold approximately $57,000 of stock under a pre-arranged Rule 10b5-1 plan. The relatively small transaction and planned nature reduce its significance as a discretionary bearish signal.
- Negative Sentiment: JFrog CTO Yoav Landman reportedly sold about $25.1 million in shares. Although the sale was made under a 10b5-1 plan and he retained a substantial stake, its size may weigh on investor sentiment.
- Negative Sentiment: Security researchers reported that a critical JFrog Artifactory flaw is being exploited in the wild to forge administrative tokens and potentially gain broad control. The incident raises risks involving customer remediation, reputation and future security costs. Hackers Exploit Critical JFrog Artifactory Flaw
About JFrog
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.
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