JFrog Ltd. (NASDAQ:FROG – Get Free Report) Director Yvonne Wassenaar sold 1,372 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $49.90, for a total transaction of $68,462.80. Following the transaction, the director owned 30,679 shares in the company, valued at $1,530,882.10. This represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Yvonne Wassenaar also recently made the following trade(s):
- On Thursday, August 28th, Yvonne Wassenaar sold 1,368 shares of JFrog stock. The stock was sold at an average price of $49.00, for a total transaction of $67,032.00.
JFrog Price Performance
FROG opened at $48.07 on Friday. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $51.94. The firm has a market capitalization of $5.61 billion, a PE ratio of -62.43 and a beta of 1.05. The company’s 50-day moving average is $46.77 and its 200 day moving average is $41.09.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on FROG shares. Cowen restated a “buy” rating on shares of JFrog in a report on Friday, August 8th. Barclays upped their target price on shares of JFrog from $45.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $60.00 price objective on shares of JFrog in a research report on Monday, September 15th. Stifel Nicolaus upped their price objective on shares of JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, JPMorgan Chase & Co. upped their price objective on shares of JFrog from $48.00 to $55.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 24th. Fifteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and a consensus price target of $50.25.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of FROG. Signaturefd LLC grew its position in shares of JFrog by 90.9% during the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock valued at $40,000 after acquiring an additional 597 shares during the period. PNC Financial Services Group Inc. boosted its holdings in 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 buying an additional 329 shares during the period. Bayforest Capital Ltd bought a new position in JFrog in the 1st quarter worth approximately $104,000. Smartleaf Asset Management LLC boosted its holdings in 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 buying an additional 800 shares during the period. Finally, Gordian Capital Singapore Pte Ltd bought a new position in JFrog in the 1st quarter worth approximately $128,000. 85.02% of the stock is owned by institutional investors.
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.
Featured Stories
- Five stocks we like better than JFrog
- The Significance of Brokerage Rankings in Stock Selection
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- 3 Healthcare Dividend Stocks to Buy
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- Quiet Period Expirations Explained
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter.
