Insider Selling: JFrog (NASDAQ:FROG) CEO Sells $2,884,416.15 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 71,841 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total value of $2,884,416.15. Following the completion of the sale, the chief executive officer owned 4,815,612 shares of the company’s stock, valued at approximately $193,346,821.80. This represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Ben Haim Shlomi also recently made the following trade(s):

• On Thursday, February 5th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $51.92, for a total transaction of $1,298,000.00.
• On Wednesday, January 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $59.66, for a total transaction of $1,491,500.00.

JFrog Trading Down 1.1%

NASDAQ:FROG opened at $40.63 on Friday. JFrog Ltd. has a 12-month low of $27.00 and a 12-month high of $70.43. The stock’s 50 day simple moving average is $52.48 and its 200-day simple moving average is $53.53. The firm has a market cap of $4.86 billion, a P/E ratio of -65.54 and a beta of 1.20.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The firm had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. During the same period last year, the company earned $0.19 earnings per share. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Research analysts forecast that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on FROG shares. Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Stifel Nicolaus dropped their price objective on shares of JFrog from $64.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Needham & Company LLC lifted their price objective on JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. KeyCorp upped their target price on JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Finally, William Blair reiterated an “outperform” rating on shares of JFrog in a report on Monday, February 23rd. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.42.

Institutional Trading of JFrog

A number of institutional investors have recently modified their holdings of the company. Public Sector Pension Investment Board acquired a new position in JFrog in the 3rd quarter worth $3,247,000. Sound View Wealth Advisors Group LLC acquired a new position in shares of JFrog in the 2nd quarter valued at approximately $233,000. Arrowstreet Capital Limited Partnership raised its position in shares of JFrog by 3,033.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after purchasing an additional 281,844 shares in the last quarter. Federated Hermes Inc. bought a new stake in shares of JFrog in the 3rd quarter worth about $6,697,000. Finally, HighTower Advisors LLC raised its stake in shares of JFrog by 452.1% in the 3rd quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock valued at $2,689,000 after purchasing an additional 46,529 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.