JFrog Ltd. (NASDAQ:FROG - Get Free Report) CTO Yoav Landman sold 400 shares of the firm's stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $35.00, for a total value of $14,000.00. Following the completion of the sale, the chief technology officer now directly owns 6,744,492 shares of the company's stock, valued at $236,057,220. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Yoav Landman also recently made the following trade(s):
- On Wednesday, June 12th, Yoav Landman sold 2,250 shares of JFrog stock. The shares were sold at an average price of $35.28, for a total value of $79,380.00.
- On Friday, June 7th, Yoav Landman sold 15,000 shares of JFrog stock. The shares were sold at an average price of $32.35, for a total value of $485,250.00.
- On Friday, May 10th, Yoav Landman sold 15,100 shares of JFrog stock. The shares were sold at an average price of $33.27, for a total value of $502,377.00.
- On Friday, April 12th, Yoav Landman sold 40,000 shares of JFrog stock. The shares were sold at an average price of $38.70, for a total value of $1,548,000.00.
JFrog Price Performance
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JFrog stock opened at $36.75 on Friday. The business has a fifty day moving average price of $35.28 and a 200-day moving average price of $37.14. JFrog Ltd. has a 1-year low of $21.38 and a 1-year high of $48.81. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of -78.19 and a beta of 0.93.
JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). JFrog had a negative return on equity of 4.62% and a negative net margin of 13.29%. The company had revenue of $100.31 million during the quarter, compared to analysts' expectations of $98.63 million. On average, equities research analysts anticipate that JFrog Ltd. will post -0.21 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have recently issued reports on FROG. FBN Securities began coverage on JFrog in a research note on Wednesday, May 22nd. They issued an "outperform" rating and a $45.00 price objective for the company. Cantor Fitzgerald increased their price target on JFrog from $40.00 to $45.00 in a report on Thursday, March 7th. Oppenheimer increased their price target on JFrog from $41.00 to $48.00 in a report on Thursday, March 7th. UBS Group began coverage on JFrog in a report on Wednesday, May 22nd. They issued a "buy" rating and a $41.00 price target on the stock. Finally, KeyCorp reduced their price target on JFrog from $52.00 to $46.00 and set an "overweight" rating on the stock in a report on Friday, May 10th. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $43.93.
Read Our Latest Research Report on JFrog
Hedge Funds Weigh In On JFrog
A number of institutional investors have recently modified their holdings of FROG. Barclays PLC increased its stake in shares of JFrog by 8.3% in the 3rd quarter. Barclays PLC now owns 13,173 shares of the company's stock valued at $334,000 after purchasing an additional 1,012 shares in the last quarter. HighTower Advisors LLC lifted its holdings in JFrog by 185.2% in the third quarter. HighTower Advisors LLC now owns 26,272 shares of the company's stock valued at $660,000 after acquiring an additional 17,060 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in JFrog by 131.9% in the third quarter. Envestnet Asset Management Inc. now owns 124,864 shares of the company's stock valued at $3,167,000 after acquiring an additional 71,009 shares during the last quarter. Stifel Financial Corp raised its position in JFrog by 0.7% in the third quarter. Stifel Financial Corp now owns 182,417 shares of the company's stock valued at $4,626,000 after purchasing an additional 1,290 shares during the period. Finally, Algert Global LLC raised its position in JFrog by 546.0% in the third quarter. Algert Global LLC now owns 53,167 shares of the company's stock valued at $1,348,000 after purchasing an additional 44,937 shares during the period. Hedge funds and other institutional investors own 85.02% of the company's stock.
About JFrog
(
Get Free Report)
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.
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