Insider Selling: JFrog (NASDAQ:FROG) CRO Sells $1,634,702.12 in Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 18,794 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total transaction of $1,634,702.12. Following the completion of the sale, the executive directly owned 668,678 shares of the company’s stock, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, September 2nd, Tali Notman sold 19,157 shares of JFrog stock. The stock was sold at an average price of $90.51, for a total transaction of $1,733,900.07.

JFrog Trading Up 1.5%

FROG stock traded up $1.33 during trading on Thursday, reaching $88.65. 1,026,371 shares of the stock were exchanged, compared to its average volume of 2,903,657. The business has a 50 day moving average price of $89.10 and a 200-day moving average price of $69.36. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $105.76. The firm has a market capitalization of $10.93 billion, a price-to-earnings ratio of -239.59 and a beta of 1.28.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, research analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Hedge Funds Weigh In On JFrog

Institutional investors have recently modified their holdings of the business. California State Teachers Retirement System grew its position in shares of JFrog by 9,666.3% during the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock worth $985,121,000 after buying an additional 10,728,811 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares in the last quarter. Wasatch Advisors LP lifted its position in shares of JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the last quarter. Whale Rock Capital Management LLC lifted its position in shares of JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares during the last quarter. Finally, Invesco Ltd. raised its stake in JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after buying an additional 2,073,876 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. KeyCorp upped their price target on JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Bank of America increased their price target on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Cantor Fitzgerald boosted their price objective on shares of JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, Raymond James Financial set a $120.00 target price on shares of JFrog in a research report on Friday, August 7th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $107.14.

JFrog Company Profile

JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.