JFrog Ltd. (NASDAQ:FROG - Get Free Report) CTO Yoav Landman sold 20,000 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $35.56, for a total value of $711,200.00. Following the completion of the sale, the chief technology officer now owns 6,456,901 shares of the company's stock, valued at $229,607,399.56. The trade was a 0.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Yoav Landman also recently made the following trade(s):
- On Thursday, February 13th, Yoav Landman sold 24,652 shares of JFrog stock. The shares were sold at an average price of $37.43, for a total value of $922,724.36.
- On Monday, February 10th, Yoav Landman sold 100 shares of JFrog stock. The stock was sold at an average price of $37.00, for a total value of $3,700.00.
- On Thursday, February 6th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $36.19, for a total value of $542,850.00.
- On Tuesday, February 4th, Yoav Landman sold 15,889 shares of JFrog stock. The stock was sold at an average price of $36.15, for a total value of $574,387.35.
- On Tuesday, January 28th, Yoav Landman sold 4,111 shares of JFrog stock. The stock was sold at an average price of $36.07, for a total value of $148,283.77.
- On Friday, January 10th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $31.55, for a total value of $473,250.00.
- On Thursday, December 12th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $30.26, for a total value of $453,900.00.
JFrog Stock Performance
Shares of NASDAQ:FROG opened at $33.57 on Tuesday. The company has a market cap of $3.42 billion, a P/E ratio of -53.29 and a beta of 0.95. The stock's 50-day moving average is $34.97 and its 200-day moving average is $31.54. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $46.65.
JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.28). JFrog had a negative net margin of 16.16% and a negative return on equity of 6.42%. The company had revenue of $116.08 million during the quarter, compared to the consensus estimate of $114.16 million. As a group, equities analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.
Institutional Investors Weigh In On JFrog
Several hedge funds have recently made changes to their positions in the stock. Probity Advisors Inc. bought a new stake in shares of JFrog in the fourth quarter valued at about $222,000. Mackenzie Financial Corp lifted its stake in shares of JFrog by 93.8% in the fourth quarter. Mackenzie Financial Corp now owns 1,996,012 shares of the company's stock valued at $58,703,000 after buying an additional 965,912 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of JFrog by 9.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 83,237 shares of the company's stock valued at $2,448,000 after buying an additional 7,494 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of JFrog by 19.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,552 shares of the company's stock valued at $5,457,000 after buying an additional 30,035 shares during the period. Finally, Woodline Partners LP lifted its stake in shares of JFrog by 1,312.6% in the fourth quarter. Woodline Partners LP now owns 438,454 shares of the company's stock valued at $12,895,000 after buying an additional 407,415 shares during the period. Institutional investors own 85.02% of the company's stock.
Analyst Ratings Changes
FROG has been the subject of several recent research reports. Stifel Nicolaus increased their price objective on JFrog from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Truist Financial increased their target price on shares of JFrog from $35.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Morgan Stanley increased their target price on shares of JFrog from $36.00 to $44.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Barclays increased their target price on shares of JFrog from $38.00 to $48.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $38.00 target price on shares of JFrog in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, JFrog has a consensus rating of "Moderate Buy" and an average price target of $41.06.
View Our Latest Research Report on FROG
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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