7,195 Shares in JFrog Ltd. (NASDAQ:FROG) Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets bought a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 7,195 shares of the company's stock, valued at approximately $212,000.

Several other institutional investors also recently modified their holdings of FROG. Jones Financial Companies Lllp lifted its stake in JFrog by 91.1% in the 4th quarter. Jones Financial Companies Lllp now owns 1,204 shares of the company's stock valued at $35,000 after acquiring an additional 574 shares in the last quarter. KBC Group NV lifted its stake in JFrog by 39.0% in the 4th quarter. KBC Group NV now owns 3,938 shares of the company's stock valued at $116,000 after acquiring an additional 1,105 shares in the last quarter. BankPlus Trust Department bought a new stake in JFrog in the 4th quarter valued at approximately $131,000. Tower Research Capital LLC TRC lifted its stake in JFrog by 33,106.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,313 shares of the company's stock valued at $156,000 after acquiring an additional 5,297 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in JFrog in the 4th quarter valued at approximately $193,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at JFrog

In related news, CEO Ben Haim Shlomi sold 41,829 shares of JFrog stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $36.55, for a total value of $1,528,849.95. Following the completion of the transaction, the chief executive officer now directly owns 4,982,254 shares in the company, valued at approximately $182,101,383.70. The trade was a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Eduard Grabscheid sold 6,672 shares of JFrog stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $36.55, for a total transaction of $243,861.60. Following the completion of the transaction, the chief financial officer now owns 166,236 shares of the company's stock, valued at $6,075,925.80. This represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 212,548 shares of company stock worth $7,167,041 in the last quarter. Insiders own 14.10% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on FROG shares. Truist Financial boosted their target price on JFrog from $35.00 to $45.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Canaccord Genuity Group upped their price objective on JFrog from $38.00 to $45.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Barclays dropped their price objective on JFrog from $48.00 to $42.00 and set an "overweight" rating on the stock in a research note on Friday, May 9th. Scotiabank dropped their price objective on JFrog from $40.00 to $36.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 24th. Finally, DA Davidson upped their price objective on JFrog from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $41.44.

JFrog Stock Performance

Shares of JFrog stock traded down $0.17 during mid-day trading on Friday, hitting $42.73. 698,002 shares of the stock were exchanged, compared to its average volume of 1,125,082. JFrog Ltd. has a 12 month low of $22.91 and a 12 month high of $43.79. The company has a 50-day simple moving average of $35.36 and a 200 day simple moving average of $34.05. The company has a market capitalization of $4.90 billion, a P/E ratio of -67.83 and a beta of 0.97.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. JFrog had a negative net margin of 16.16% and a negative return on equity of 6.42%. The company had revenue of $122.41 million during the quarter, compared to analyst estimates of $117.44 million. During the same quarter last year, the business posted $0.16 EPS. JFrog's quarterly revenue was up 22.0% compared to the same quarter last year. Analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

JFrog Profile

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.