JFrog Ltd. (NASDAQ:FROG - Get Free Report) CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $41.75, for a total value of $626,250.00. Following the sale, the chief executive officer owned 4,981,412 shares in the company, valued at $207,973,951. The trade was a 0.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Ben Haim Shlomi also recently made the following trade(s):
- On Friday, June 6th, Ben Haim Shlomi sold 54,279 shares of JFrog stock. The shares were sold at an average price of $43.07, for a total value of $2,337,796.53.
- On Thursday, June 5th, Ben Haim Shlomi sold 17,859 shares of JFrog stock. The stock was sold at an average price of $42.87, for a total value of $765,615.33.
JFrog Stock Performance
Shares of NASDAQ:FROG traded down $0.41 during midday trading on Friday, hitting $40.15. 162,552 shares of the stock were exchanged, compared to its average volume of 1,120,333. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $45.10. The business's fifty day simple moving average is $41.57 and its two-hundred day simple moving average is $36.32. The company has a market capitalization of $4.60 billion, a PE ratio of -56.56 and a beta of 1.06.
JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The business had revenue of $122.41 million for the quarter, compared to the consensus estimate of $117.44 million. JFrog had a negative return on equity of 7.24% and a negative net margin of 17.52%. The firm's revenue was up 22.0% compared to the same quarter last year. During the same period last year, the business earned $0.16 EPS. As a group, equities analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.
Analyst Upgrades and Downgrades
FROG has been the subject of a number of analyst reports. 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. Scotiabank decreased their price objective on JFrog from $40.00 to $36.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Barclays decreased their price objective on JFrog from $48.00 to $42.00 and set an "overweight" rating for the company in a research note on Friday, May 9th. Morgan Stanley upped their price objective on JFrog from $39.00 to $42.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Finally, Wall Street Zen upgraded JFrog from a "hold" rating to a "buy" rating in a research note on Sunday, June 29th. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $42.06.
Read Our Latest Research Report on FROG
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in JFrog by 91.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,204 shares of the company's stock valued at $35,000 after purchasing an additional 574 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of JFrog by 90.9% in the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company's stock worth $40,000 after acquiring an additional 597 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of JFrog by 32.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company's stock worth $43,000 after acquiring an additional 329 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of JFrog in the 1st quarter worth approximately $104,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of JFrog by 26.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company's stock worth $123,000 after acquiring an additional 800 shares in the last quarter. 85.02% of the stock is owned by institutional investors.
JFrog Company Profile
(
Get Free Report)
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.
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