Insider Selling: JFrog (NASDAQ:FROG) CEO Sells 48,763 Shares of Stock

Key Points

• JFrog CEO Ben Haim Shlomi sold 48,763 shares on May 26 at an average price of $75.04, totaling about $3.66 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
• After the transaction, Shlomi still held 4.85 million shares worth roughly $363.6 million, and the sale reduced his ownership by about 1%.
• JFrog shares were trading near their 52-week high after the company reported better-than-expected quarterly results and raised guidance, while analysts largely remain bullish with an average Moderate Buy rating and $76.63 price target.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CEO Ben Haim Shlomi sold 48,763 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $75.04, for a total transaction of $3,659,175.52. Following the sale, the chief executive officer directly owned 4,845,601 shares in the company, valued at $363,613,899.04. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, May 6th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $52.27, for a total transaction of $1,306,750.00.
• On Tuesday, April 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $48.88, for a total transaction of $1,222,000.00.
• On Friday, March 6th, Ben Haim Shlomi sold 25,363 shares of JFrog stock. The shares were sold at an average price of $41.50, for a total transaction of $1,052,564.50.
• On Monday, March 2nd, Ben Haim Shlomi sold 71,841 shares of JFrog stock. The shares were sold at an average price of $40.15, for a total transaction of $2,884,416.15.

JFrog Stock Up 1.9%

Shares of NASDAQ FROG traded up $1.39 during trading on Thursday, reaching $72.77. 1,422,376 shares of the company traded hands, compared to its average volume of 3,077,124. The firm has a 50 day simple moving average of $52.88 and a 200-day simple moving average of $54.95. The stock has a market capitalization of $8.81 billion, a PE ratio of -137.30 and a beta of 1.02. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $75.08.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. The company had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm's revenue was up 25.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 earnings per share. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, research analysts predict that JFrog Ltd. will post -0.17 EPS for the current year.

Institutional Investors Weigh In On JFrog

Several institutional investors and hedge funds have recently modified their holdings of FROG. Public Sector Pension Investment Board bought a new position in JFrog during the third quarter valued at $3,247,000. HighTower Advisors LLC increased its position in JFrog by 452.1% during the third quarter. HighTower Advisors LLC now owns 56,821 shares of the company's stock valued at $2,689,000 after acquiring an additional 46,529 shares during the last quarter. Federated Hermes Inc. bought a new position in JFrog during the third quarter valued at $6,697,000. UBS Group AG increased its position in JFrog by 293.8% during the fourth quarter. UBS Group AG now owns 296,419 shares of the company's stock valued at $18,514,000 after acquiring an additional 221,155 shares during the last quarter. Finally, Wilson Asset Management International PTY Ltd. bought a new position in JFrog during the third quarter valued at $3,133,000. Institutional investors own 85.02% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on FROG shares. BTIG Research raised their price objective on shares of JFrog from $60.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Needham & Company LLC raised their price objective on shares of JFrog from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Morgan Stanley reiterated an "overweight" rating and issued a $80.00 price target on shares of JFrog in a research report on Friday, May 8th. Guggenheim raised their price objective on shares of JFrog from $60.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Finally, Truist Financial upped their target price on shares of JFrog from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $76.63.

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.

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