JFrog Ltd. (NASDAQ:FROG) CTO Sells $453,900.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 15,000 shares of JFrog stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $30.26, for a total transaction of $453,900.00. Following the completion of the transaction, the chief technology officer now directly owns 6,582,242 shares of the company’s stock, valued at $199,178,642.92. The trade was a 0.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, October 11th, Yoav Landman sold 15,000 shares of JFrog stock. The shares were sold at an average price of $30.85, for a total transaction of $462,750.00.

JFrog Stock Performance

NASDAQ FROG traded up $1.06 on Monday, reaching $31.22. 1,003,344 shares of the stock traded hands, compared to its average volume of 1,236,612. JFrog Ltd. has a 12 month low of $22.91 and a 12 month high of $48.81. The company has a market cap of $3.18 billion, a price-to-earnings ratio of -56.91 and a beta of 0.94. The company has a fifty day moving average price of $30.53 and a 200-day moving average price of $31.33.

Analyst Ratings Changes

FROG has been the topic of a number of recent research reports. Barclays decreased their price objective on JFrog from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, November 11th. UBS Group raised their price target on JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Scotiabank boosted their price objective on shares of JFrog from $25.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, November 8th. Needham & Company LLC raised their target price on shares of JFrog from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Truist Financial reiterated a “buy” rating and set a $35.00 price target (up from $33.00) on shares of JFrog in a report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.72.

Institutional Trading of JFrog

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp grew its holdings in JFrog by 22.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,083,650 shares of the company’s stock worth $115,791,000 after acquiring an additional 561,897 shares in the last quarter. TimesSquare Capital Management LLC lifted its position in shares of JFrog by 114.1% in the 3rd quarter. TimesSquare Capital Management LLC now owns 3,034,900 shares of the company’s stock worth $88,133,000 after purchasing an additional 1,617,551 shares during the period. North Peak Capital Management LLC bought a new position in shares of JFrog during the third quarter valued at approximately $73,417,000. Thrivent Financial for Lutherans increased its holdings in JFrog by 33.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,374,972 shares of the company’s stock valued at $68,969,000 after buying an additional 593,478 shares during the period. Finally, Wasatch Advisors LP raised its stake in JFrog by 6.2% in the third quarter. Wasatch Advisors LP now owns 2,140,884 shares of the company’s stock worth $62,171,000 after buying an additional 124,420 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors.

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.