JFrog (NASDAQ:FROG) Director Yvonne Wassenaar Sells 1,957 Shares

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $58.70, for a total transaction of $114,875.90. Following the transaction, the director directly owned 20,495 shares of the company’s stock, valued at $1,203,056.50. The trade was a 8.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Yvonne Wassenaar also recently made the following trade(s):

• On Monday, October 20th, Yvonne Wassenaar sold 1,372 shares of JFrog stock. The stock was sold at an average price of $47.94, for a total value of $65,773.68.

JFrog Stock Down 4.6%

FROG opened at $60.08 on Friday. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $70.43. The business has a fifty day simple moving average of $61.53 and a 200-day simple moving average of $51.20. The firm has a market cap of $7.11 billion, a P/E ratio of -85.83 and a beta of 1.13.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. The firm had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.JFrog’s revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Sell-side analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current year.

Hedge Funds Weigh In On JFrog

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vident Advisory LLC acquired a new stake in JFrog during the first quarter worth approximately $242,000. Royal Bank of Canada grew its position in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after buying an additional 61,685 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in JFrog during the 1st quarter worth $205,000. AQR Capital Management LLC purchased a new stake in JFrog in the first quarter valued at $368,000. Finally, Integrated Wealth Concepts LLC acquired a new position in JFrog in the first quarter valued at $203,000. 85.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FROG has been the topic of a number of recent research reports. Barclays reaffirmed an “overweight” rating and set a $67.00 price objective on shares of JFrog in a research report on Friday, January 2nd. Morgan Stanley boosted their target price on JFrog from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. DA Davidson raised JFrog to a “strong-buy” rating in a research report on Friday, November 7th. Cantor Fitzgerald boosted their price objective on JFrog from $70.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Needham & Company LLC upped their target price on shares of JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, JFrog has an average rating of “Moderate Buy” and a consensus target price of $65.53.

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.