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

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 25,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $59.66, for a total value of $1,491,500.00. Following the transaction, the chief executive officer owned 4,766,893 shares of the company’s stock, valued at approximately $284,392,836.38. This represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 Trading Down 1.3%

FROG opened at $59.27 on Friday. The stock’s 50-day moving average price is $61.76 and its 200 day moving average price is $51.38. JFrog Ltd. has a 12-month low of $27.00 and a 12-month high of $70.43. The firm has a market cap of $7.01 billion, a price-to-earnings ratio of -84.67 and a beta of 1.13.

JFrog (NASDAQ:FROG) last released its 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 company had revenue of $136.91 million during 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%.JFrog’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the company posted $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. On average, research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FROG. Aster Capital Management DIFC Ltd purchased a new stake in JFrog during the third quarter worth approximately $56,000. Wilmington Savings Fund Society FSB raised its holdings in JFrog by 1,086.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after purchasing an additional 1,152 shares in the last quarter. RiverPark Advisors LLC purchased a new stake in shares of JFrog during the 3rd quarter worth approximately $103,000. Tower Research Capital LLC TRC boosted its holdings in shares of JFrog by 7,185.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after buying an additional 2,946 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of JFrog in the 2nd quarter valued at $136,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on FROG. Cantor Fitzgerald raised their price target on shares of JFrog from $70.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday. Cowen reiterated a “buy” rating on shares of JFrog in a report on Friday, October 17th. TD Cowen upped their price target on JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Needham & Company LLC increased their price target on JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, Barclays reissued an “overweight” rating and set a $67.00 price objective on shares of JFrog in a research report on Friday, January 2nd. Two investment 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 given a Sell rating to the company. According to data from MarketBeat.com, JFrog has an average rating of “Moderate Buy” and a consensus target price of $65.53.

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.