Insider Selling: JFrog (NASDAQ:FROG) Director Sells 120,000 Shares of Company Stock

Key Points

• JFrog director Frederic Simon sold 120,000 shares at an average price of $97.24, generating $11.67 million. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his stake by 4.19%.
• JFrog shares rose 2.5% to $97.86, while the company’s latest quarterly results exceeded expectations: adjusted EPS was $0.27 versus $0.24 expected, and revenue increased 28.7% year over year to $163.77 million.
• Analysts remain broadly positive, with 21 Buy ratings, one Hold and one Sell; the stock has a “Moderate Buy” consensus and an average price target of $109.48.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) Director Frederic Simon sold 120,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $97.24, for a total value of $11,668,800.00. Following the transaction, the director owned 2,744,328 shares in the company, valued at $266,858,454.72. This trade represents a 4.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Frederic Simon also recently made the following trade(s):

• On Tuesday, September 1st, Frederic Simon sold 120,000 shares of JFrog stock. The stock was sold at an average price of $93.21, for a total value of $11,185,200.00.
• On Thursday, August 13th, Frederic Simon sold 120,000 shares of JFrog stock. The stock was sold at an average price of $90.86, for a total value of $10,903,200.00.

JFrog Stock Up 2.5%

Shares of NASDAQ FROG traded up $2.36 during midday trading on Monday, hitting $97.86. The stock had a trading volume of 1,056,418 shares, compared to its average volume of 2,787,576. The stock has a 50 day simple moving average of $89.89 and a 200-day simple moving average of $75.59. The company has a market capitalization of $12.07 billion, a PE ratio of -264.48 and a beta of 1.24. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $105.76.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to analysts' expectations of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The firm's revenue for the quarter was up 28.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, analysts expect that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JFrog

Several institutional investors and hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. acquired a new position in shares of JFrog in the 2nd quarter valued at $222,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of JFrog during the 2nd quarter worth about $248,000. SkyView Investment Advisors LLC acquired a new stake in shares of JFrog during the 2nd quarter worth about $500,000. IPG Investment Advisors LLC purchased a new stake in JFrog in the 2nd quarter valued at about $228,000. Finally, WINTON GROUP Ltd raised its holdings in JFrog by 37.9% in the 2nd quarter. WINTON GROUP Ltd now owns 11,800 shares of the company's stock valued at $1,072,000 after buying an additional 3,244 shares during the period. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FROG has been the subject of several research reports. Cantor Fitzgerald upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the company an "overweight" rating in a research note on Monday, August 3rd. Bank of America raised their target price on shares of JFrog from $85.00 to $100.00 and gave the stock a "buy" rating in a research note on Monday, June 8th. Weiss Ratings restated a "sell (d-)" rating on shares of JFrog in a research report on Friday, July 17th. Citigroup reaffirmed a "buy" rating on shares of JFrog in a report on Monday, June 8th. Finally, Stifel Nicolaus set a $102.00 price objective on JFrog in a research report on Friday, September 4th. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $109.48.

About JFrog

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company's product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.

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