JFrog Ltd. (NASDAQ:FROG) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• JFrog Ltd. has received a consensus rating of "Moderate Buy" from brokerages, with 14 out of 16 analysts recommending a buy.
• The average 12-month price target set by analysts for JFrog stock is $49.93, indicating potential for growth based on current market performance.
• Insider trading activity shows significant share sales by directors Frederic Simon and Yoav Landman, potentially reflecting changes in confidence or strategy within the company.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) has received a consensus rating of "Moderate Buy" from the sixteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $49.9333.

Several research analysts have issued reports on FROG shares. Cowen restated a "buy" rating on shares of JFrog in a report on Friday, August 8th. Cantor Fitzgerald reissued an "overweight" rating and set a $60.00 target price on shares of JFrog in a research report on Monday, September 15th. DA Davidson upped their target price on shares of JFrog from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Barclays lifted their price objective on shares of JFrog from $45.00 to $52.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Wall Street Zen raised shares of JFrog from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th.

Insider Activity at JFrog

In related news, Director Frederic Simon sold 50,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $47.11, for a total transaction of $2,355,500.00. Following the sale, the director owned 4,154,903 shares of the company's stock, valued at approximately $195,737,480.33. This represents a 1.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Yoav Landman sold 102,419 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $49.73, for a total transaction of $5,093,296.87. Following the completion of the transaction, the chief technology officer owned 6,081,087 shares of the company's stock, valued at $302,412,456.51. This trade represents a 1.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 528,748 shares of company stock worth $24,783,511. Corporate insiders own 14.10% of the company's stock.

Hedge Funds Weigh In On JFrog

A number of institutional investors have recently added to or reduced their stakes in the business. Signaturefd LLC boosted its stake in shares of JFrog by 90.9% in the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company's stock valued at $40,000 after purchasing an additional 597 shares in the last quarter. PNC Financial Services Group Inc. grew its position in JFrog by 32.4% during 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 during the last quarter. Bayforest Capital Ltd purchased a new position in JFrog in the 1st quarter worth approximately $104,000. Smartleaf Asset Management LLC lifted its position in JFrog by 26.3% in the first quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company's stock valued at $123,000 after purchasing an additional 800 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of JFrog during the first quarter valued at approximately $128,000. 85.02% of the stock is currently owned by institutional investors.

JFrog Stock Performance

NASDAQ:FROG opened at $50.20 on Wednesday. The company has a market capitalization of $5.86 billion, a PE ratio of -65.19 and a beta of 1.07. JFrog has a fifty-two week low of $27.00 and a fifty-two week high of $51.19. The company has a 50 day simple moving average of $45.63 and a two-hundred day simple moving average of $40.30.

JFrog (NASDAQ:FROG - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The business had revenue of $127.20 million during the quarter, compared to analysts' expectations of $122.80 million. During the same quarter last year, the firm posted $0.15 earnings per share. The firm's revenue was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Research analysts predict that JFrog will post -0.33 EPS for the current year.

JFrog Company 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.

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