JFrog (NASDAQ:FROG) CEO Ben Haim Shlomi Sells 15,000 Shares of Company Stock

JFrog Ltd. (NASDAQ:FROG) CEO Shlomi Ben Haim sold 15,000 shares of the company’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $97.52, for a total value of $1,462,800.00. Following the sale, the chief executive officer owned 4,434,305 shares in the company, valued at approximately $432,433,423.60. This trade represents a 0.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Tuesday, September 8th, Shlomi Ben Haim sold 45,700 shares of JFrog stock. The shares were sold at an average price of $85.35, for a total value of $3,900,495.00.
• On Wednesday, September 2nd, Shlomi Ben Haim sold 37,232 shares of JFrog stock. The stock was sold at an average price of $90.51, for a total value of $3,369,868.32.
• On Friday, August 7th, Shlomi Ben Haim sold 15,000 shares of JFrog stock. The stock was sold at an average price of $91.00, for a total transaction of $1,365,000.00.

JFrog Stock Up 5.1%

Shares of NASDAQ:FROG opened at $102.23 on Friday. The firm’s 50 day moving average price is $91.99 and its 200 day moving average price is $77.30. The stock has a market cap of $12.60 billion, a price-to-earnings ratio of -276.29 and a beta of 1.24. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $105.76.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s quarterly revenue was up 28.7% on a year-over-year basis. 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, equities analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Institutional Investors Weigh In On JFrog

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Millstone Evans Group LLC grew its position in 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 last quarter. Allworth Financial LP increased its stake in JFrog by 83.1% in the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock valued at $59,000 after purchasing an additional 294 shares during the period. Western Wealth Management LLC purchased a new stake in shares of JFrog in the first quarter valued at about $30,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of JFrog by 12,566.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after buying an additional 754 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new stake in shares of JFrog during the first quarter worth about $36,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on FROG shares. Raymond James Financial set a $120.00 price target on JFrog in a research note on Friday, August 7th. Truist Financial upped their price objective on JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Oppenheimer boosted their target price on JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.48.

JFrog Company Profile

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.