JFrog (NASDAQ:FROG) CRO Tali Notman Sells 13,067 Shares

Key Points

• Tali Notman, CRO of JFrog, sold 13,067 shares at an average price of $50.26, totaling approximately $656,747, decreasing their ownership by 1.94% to under 659,000 shares.
• JFrog reported a quarterly earnings per share (EPS) of $0.18, exceeding analyst expectations, and expects FY 2025 EPS guidance between $0.680 and $0.70.
• Institutional investors own about 85.02% of JFrog's stock, reflecting significant interest and changes in ownership stakes among various funds.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) CRO Tali Notman sold 13,067 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $50.26, for a total transaction of $656,747.42. Following the transaction, the executive owned 658,842 shares in the company, valued at approximately $33,113,398.92. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, September 2nd, Tali Notman sold 14,451 shares of JFrog stock. The stock was sold at an average price of $47.78, for a total transaction of $690,468.78.

JFrog Trading Down 1.2%

Shares of FROG stock traded down $0.58 during trading hours on Monday, hitting $49.36. 1,446,173 shares of the company were exchanged, compared to its average volume of 1,384,943. JFrog Ltd. has a 1 year low of $27.00 and a 1 year high of $50.98. The firm has a fifty day moving average of $44.46 and a 200 day moving average of $39.66.

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

Wall Street Analyst Weigh In

FROG has been the topic of several recent analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $55.00 price objective on shares of JFrog in a report on Wednesday, September 10th. Robert W. Baird increased their price objective on shares of JFrog from $52.00 to $58.00 and gave the stock an "outperform" rating in a report on Thursday. Cowen reiterated a "buy" rating on shares of JFrog in a report on Friday, August 8th. KeyCorp increased their target price on shares of JFrog from $52.00 to $57.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, DA Davidson increased their target price on shares of JFrog from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $49.93.

Institutional Trading of JFrog

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in shares of JFrog during the fourth quarter valued at approximately $212,000. Raymond James Financial Inc. raised its stake in shares of JFrog by 3.2% during the first quarter. Raymond James Financial Inc. now owns 1,072,136 shares of the company's stock valued at $34,308,000 after purchasing an additional 33,236 shares during the period. Nishkama Capital LLC purchased a new stake in shares of JFrog during the first quarter valued at approximately $6,561,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of JFrog by 19.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,552 shares of the company's stock valued at $5,457,000 after purchasing an additional 30,035 shares during the period. Finally, IVC Wealth Advisors LLC purchased a new stake in shares of JFrog during the first quarter valued at approximately $220,000. Institutional investors and hedge funds own 85.02% of the company's stock.

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.