JFrog (NASDAQ:FROG) CRO Sells 18,794 Shares of Stock

Key Points

• JFrog CRO Tali Notman sold 18,794 shares at an average price of $86.98, generating approximately $1.63 million; the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• JFrog reported quarterly adjusted earnings of $0.27 per share and revenue of $163.77 million, exceeding analyst expectations, while revenue increased 28.7% year over year.
• Analysts remain broadly positive, with 22 Buy ratings, one Hold, and one Sell; the stock has a “Moderate Buy” consensus rating and an average price target of $107.14.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CRO Tali Notman sold 18,794 shares of JFrog stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total value of $1,634,702.12. Following the completion of the transaction, the executive owned 668,678 shares of the company's stock, valued at approximately $58,161,612.44. This represents a 2.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tali Notman also recently made the following trade(s):

• On Wednesday, September 2nd, Tali Notman sold 19,157 shares of JFrog stock. The stock was sold at an average price of $90.51, for a total value of $1,733,900.07.

JFrog Price Performance

FROG stock traded up $1.33 during mid-day trading on Thursday, reaching $88.65. 1,026,371 shares of the company's stock were exchanged, compared to its average volume of 2,903,657. The company has a market cap of $10.93 billion, a price-to-earnings ratio of -239.59 and a beta of 1.28. The stock's 50 day moving average is $89.10 and its 200 day moving average is $69.36. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $105.76.

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on FROG. Barclays reaffirmed an "overweight" rating and issued a $110.00 price target on shares of JFrog in a research note on Friday, August 7th. Needham & Company LLC restated a "buy" rating and issued a $115.00 target price on shares of JFrog in a research report on Thursday, September 3rd. TD Cowen reaffirmed a "buy" rating and issued a $120.00 price target on shares of JFrog in a research note on Thursday, September 3rd. Benchmark lifted their price target on JFrog from $100.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, Cantor Fitzgerald boosted their price target on JFrog from $80.00 to $100.00 and gave the stock an "overweight" rating in a research report on Monday, August 3rd. Twenty-two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $107.14.

Institutional Trading of JFrog

Large investors have recently bought and sold shares of the business. Millstone Evans Group LLC grew its position in shares of JFrog by 242.6% in the first quarter. Millstone Evans Group LLC now owns 603 shares of the company's stock valued at $28,000 after purchasing an additional 427 shares in the last quarter. Allworth Financial LP lifted its position in JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company's stock worth $59,000 after buying an additional 294 shares in the last quarter. Western Wealth Management LLC acquired a new position in JFrog during the first quarter worth $30,000. Employees Retirement System of Texas acquired a new position in JFrog during the fourth quarter worth $44,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in JFrog by 12,566.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company's stock valued at $47,000 after buying an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company's stock.

About JFrog

JFrog Ltd. NASDAQ: FROG develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company's product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.

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