Insider Selling: JFrog (NASDAQ:FROG) CEO Sells 48,763 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 48,763 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $75.04, for a total transaction of $3,659,175.52. Following the sale, the chief executive officer directly owned 4,845,601 shares of the company’s stock, valued at $363,613,899.04. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ben Haim Shlomi also recently made the following trade(s):

• On Wednesday, May 6th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $52.27, for a total transaction of $1,306,750.00.
• On Tuesday, April 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The stock was sold at an average price of $48.88, for a total transaction of $1,222,000.00.
• On Friday, March 6th, Ben Haim Shlomi sold 25,363 shares of JFrog stock. The stock was sold at an average price of $41.50, for a total transaction of $1,052,564.50.
• On Monday, March 2nd, Ben Haim Shlomi sold 71,841 shares of JFrog stock. The stock was sold at an average price of $40.15, for a total transaction of $2,884,416.15.

JFrog Price Performance

Shares of FROG stock traded up $1.39 during mid-day trading on Thursday, hitting $72.77. 1,422,376 shares of the stock traded hands, compared to its average volume of 3,077,124. The stock has a market cap of $8.81 billion, a P/E ratio of -137.30 and a beta of 1.02. The stock’s fifty day moving average is $52.88 and its two-hundred day moving average is $54.95. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $75.08.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analyst estimates of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company’s quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 earnings per share. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, equities analysts forecast that JFrog Ltd. will post -0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a research report on Friday, May 8th. Piper Sandler decreased their price objective on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. William Blair reaffirmed an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. Stifel Nicolaus increased their price objective on shares of JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Truist Financial increased their price target on shares of JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, JFrog currently has an average rating of “Moderate Buy” and an average target price of $76.63.

Hedge Funds Weigh In On JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Millstone Evans Group LLC grew its stake in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the period. Blue Trust Inc. acquired a new stake in shares of JFrog during the 4th quarter worth approximately $30,000. Western Wealth Management LLC acquired a new stake in shares of JFrog during the 1st quarter worth approximately $30,000. Bessemer Group Inc. acquired a new stake in shares of JFrog during the 1st quarter worth approximately $36,000. Finally, Farther Finance Advisors LLC grew its stake in shares of JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.