Yoav Landman Sells 15,889 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 15,889 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $36.15, for a total value of $574,387.35. Following the completion of the transaction, the chief technology officer now directly owns 6,547,242 shares in the company, valued at $236,682,798.30. The trade was a 0.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Yoav Landman also recently made the following trade(s):

• On Thursday, February 6th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $36.19, for a total value of $542,850.00.
• On Tuesday, January 28th, Yoav Landman sold 4,111 shares of JFrog stock. The stock was sold at an average price of $36.07, for a total value of $148,283.77.
• On Friday, January 10th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $31.55, for a total value of $473,250.00.
• On Thursday, December 12th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $30.26, for a total value of $453,900.00.

JFrog Stock Down 0.6 %

FROG stock opened at $35.83 on Friday. The company has a market cap of $3.65 billion, a P/E ratio of -67.60 and a beta of 0.97. JFrog Ltd. has a twelve month low of $22.91 and a twelve month high of $48.81. The business has a fifty day moving average of $32.07 and a 200-day moving average of $30.76.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, November 7th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.24). The firm had revenue of $109.06 million for the quarter, compared to the consensus estimate of $105.54 million. JFrog had a negative return on equity of 5.36% and a negative net margin of 13.98%. During the same quarter in the previous year, the firm earned ($0.10) EPS. As a group, equities research analysts anticipate that JFrog Ltd. will post -0.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FROG has been the topic of several recent research reports. TD Cowen lifted their price objective on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Barclays decreased their price objective on JFrog from $40.00 to $38.00 and set an “overweight” rating on the stock in a report on Monday, November 11th. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price target (up previously from $33.00) on shares of JFrog in a research note on Friday, November 8th. DA Davidson reaffirmed a “buy” rating and issued a $40.00 price target on shares of JFrog in a research note on Monday, October 14th. Finally, Robert W. Baird boosted their price target on JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $37.89.

Institutional Investors Weigh In On JFrog

A number of institutional investors and hedge funds have recently made changes to their positions in FROG. Marshall Wace LLP bought a new stake in shares of JFrog during the second quarter worth $222,000. Sanctuary Advisors LLC bought a new stake in JFrog in the second quarter valued at about $188,000. Handelsbanken Fonder AB increased its holdings in JFrog by 53.9% in the third quarter. Handelsbanken Fonder AB now owns 23,700 shares of the company’s stock valued at $688,000 after purchasing an additional 8,300 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in JFrog in the third quarter valued at about $29,000. Finally, Exchange Traded Concepts LLC increased its holdings in JFrog by 12.9% in the third quarter. Exchange Traded Concepts LLC now owns 81,836 shares of the company’s stock valued at $2,377,000 after purchasing an additional 9,368 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

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.