Tali Notman Sells 11,529 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 11,529 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $30.60, for a total value of $352,787.40. Following the completion of the transaction, the executive now directly owns 525,185 shares in the company, valued at $16,070,661. The trade was a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

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

JFrog Stock Down 3.3 %

JFrog stock opened at $31.00 on Friday. JFrog Ltd. has a twelve month low of $22.91 and a twelve month high of $48.81. The company has a 50 day moving average of $30.28 and a 200-day moving average of $31.47. The stock has a market capitalization of $3.16 billion, a PE ratio of -58.49 and a beta of 0.94.

Institutional Trading of JFrog

A number of institutional investors have recently modified their holdings of FROG. Mackenzie Financial Corp raised its position in JFrog by 7.0% in the 2nd quarter. Mackenzie Financial Corp now owns 5,841 shares of the company’s stock valued at $219,000 after buying an additional 384 shares during the last quarter. George Kaiser Family Foundation lifted its position in shares of JFrog by 0.7% in the second quarter. George Kaiser Family Foundation now owns 75,037 shares of the company’s stock worth $2,818,000 after purchasing an additional 532 shares in the last quarter. Van ECK Associates Corp boosted its holdings in JFrog by 1.6% during the third quarter. Van ECK Associates Corp now owns 37,229 shares of the company’s stock worth $1,093,000 after purchasing an additional 577 shares during the last quarter. US Bancorp DE grew its position in JFrog by 13.6% in the third quarter. US Bancorp DE now owns 6,687 shares of the company’s stock valued at $194,000 after purchasing an additional 798 shares in the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new stake in JFrog in the 3rd quarter valued at $29,000. 85.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FROG. DA Davidson restated a “buy” rating and issued a $40.00 target price on shares of JFrog in a research note on Monday, October 14th. Piper Sandler lowered their price objective on shares of JFrog from $40.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, August 8th. Scotiabank upped their target price on shares of JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, November 8th. Stifel Nicolaus lowered their price target on shares of JFrog from $45.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Barclays reduced 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. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $37.72.

About JFrog

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.