JFrog Ltd. (NASDAQ:FROG) CRO Sells $352,787.40 in Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 11,529 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $30.60, for a total value of $352,787.40. Following the sale, the executive now owns 525,185 shares in the company, valued at approximately $16,070,661. The trade was a 2.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, September 9th, Tali Notman sold 10,699 shares of JFrog stock. The stock was sold at an average price of $28.29, for a total value of $302,674.71.

JFrog Price Performance

JFrog stock opened at $31.23 on Friday. The stock has a fifty day moving average price of $30.28 and a two-hundred day moving average price of $31.47. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $48.81. The firm has a market capitalization of $3.18 billion, a P/E ratio of -58.92 and a beta of 0.94.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FROG. Truist Financial reiterated a “buy” rating and issued a $35.00 target price (up previously from $33.00) on shares of JFrog in a report on Friday, November 8th. Needham & Company LLC upped their target price on JFrog from $33.00 to $36.00 and gave the company a “buy” rating in a report on Friday, November 8th. TD Cowen upped their target price on JFrog from $32.00 to $35.00 and gave the company a “buy” rating in a report on Monday, October 28th. KeyCorp upped their target price on JFrog from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Thursday, September 12th. Finally, DA Davidson reissued a “buy” rating and issued a $40.00 price target on shares of JFrog in a research note on Monday, October 14th. Three investment 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’s stock. According to data from MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and an average target price of $37.72.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FROG. Tidal Investments LLC grew its holdings in shares of JFrog by 4.6% during the third quarter. Tidal Investments LLC now owns 79,345 shares of the company’s stock worth $2,304,000 after purchasing an additional 3,507 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in JFrog by 99.2% in the third quarter. Sanctuary Advisors LLC now owns 9,972 shares of the company’s stock valued at $321,000 after acquiring an additional 4,967 shares during the last quarter. Ashford Capital Management Inc. boosted its holdings in JFrog by 33.1% in the third quarter. Ashford Capital Management Inc. now owns 381,470 shares of the company’s stock valued at $11,078,000 after acquiring an additional 94,840 shares during the last quarter. Geode Capital Management LLC boosted its holdings in JFrog by 1.6% in the third quarter. Geode Capital Management LLC now owns 135,642 shares of the company’s stock valued at $3,939,000 after acquiring an additional 2,183 shares during the last quarter. Finally, Vestcor Inc boosted its holdings in JFrog by 180.0% during the third quarter. Vestcor Inc now owns 70,000 shares of the company’s stock worth $2,033,000 after buying an additional 45,000 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.