Yossi Sela Sells 14,300 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Yossi Sela sold 14,300 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $40.52, for a total value of $579,436.00. Following the completion of the sale, the director now directly owns 306,277 shares of the company’s stock, valued at $12,410,344.04. The trade was a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Yossi Sela also recently made the following trade(s):

• On Wednesday, December 4th, Yossi Sela sold 25,000 shares of JFrog stock. The shares were sold at an average price of $31.86, for a total value of $796,500.00.

JFrog Stock Down 1.7 %

Shares of NASDAQ FROG opened at $38.53 on Monday. JFrog Ltd. has a 52 week low of $22.91 and a 52 week high of $46.65. The business has a 50-day simple moving average of $33.73 and a two-hundred day simple moving average of $30.79. The company has a market cap of $3.93 billion, a P/E ratio of -61.16 and a beta of 0.97.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, February 13th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.28). JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. The company had revenue of $116.08 million during the quarter, compared to the consensus estimate of $114.16 million. Equities research analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its stake in JFrog by 91.1% in the 4th quarter. Jones Financial Companies Lllp now owns 1,204 shares of the company’s stock worth $35,000 after purchasing an additional 574 shares during the period. West Tower Group LLC purchased a new stake in shares of JFrog in the 3rd quarter valued at about $116,000. KBC Group NV raised its holdings in shares of JFrog by 39.0% in the 4th quarter. KBC Group NV now owns 3,938 shares of the company’s stock valued at $116,000 after acquiring an additional 1,105 shares in the last quarter. BankPlus Trust Department purchased a new stake in shares of JFrog in the 4th quarter valued at about $131,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of JFrog by 33,106.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,313 shares of the company’s stock valued at $156,000 after acquiring an additional 5,297 shares in the last quarter. Institutional investors own 85.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on FROG shares. Canaccord Genuity Group raised their target price on JFrog from $38.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Truist Financial raised their target price on JFrog from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, February 14th. TD Cowen raised their target price on JFrog from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Robert W. Baird raised their target price on JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, UBS Group raised their target price on JFrog from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $42.17.

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.