Yoav Landman Sells 16,277 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 16,277 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $36.66, for a total value of $596,714.82. Following the sale, the chief technology officer now owns 6,697,242 shares in the company, valued at $245,520,891.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, June 25th, Yoav Landman sold 400 shares of JFrog stock. The shares were sold at an average price of $35.00, for a total value of $14,000.00.
• On Wednesday, June 12th, Yoav Landman sold 2,250 shares of JFrog stock. The shares were sold at an average price of $35.28, for a total transaction of $79,380.00.
• On Friday, June 7th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $32.35, for a total transaction of $485,250.00.
• On Friday, May 10th, Yoav Landman sold 15,100 shares of JFrog stock. The shares were sold at an average price of $33.27, for a total transaction of $502,377.00.
• On Friday, April 12th, Yoav Landman sold 40,000 shares of JFrog stock. The stock was sold at an average price of $38.70, for a total value of $1,548,000.00.

JFrog Price Performance

Shares of FROG stock opened at $36.00 on Wednesday. The business has a 50-day moving average of $35.21 and a 200 day moving average of $37.36. JFrog Ltd. has a 1-year low of $21.38 and a 1-year high of $48.81. The stock has a market capitalization of $3.67 billion, a PE ratio of -76.59 and a beta of 0.96.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). JFrog had a negative return on equity of 4.62% and a negative net margin of 13.29%. The firm had revenue of $100.31 million during the quarter, compared to analyst estimates of $98.63 million. Analysts anticipate that JFrog Ltd. will post -0.21 EPS for the current year.

Wall Street Analyst Weigh In

FROG has been the topic of several recent analyst reports. Barclays assumed coverage on JFrog in a report on Wednesday, June 26th. They issued an “overweight” rating and a $50.00 price target on the stock. Morgan Stanley dropped their target price on shares of JFrog from $52.00 to $47.00 and set an “overweight” rating for the company in a research report on Friday, May 10th. UBS Group started coverage on shares of JFrog in a research note on Wednesday, May 22nd. They issued a “buy” rating and a $41.00 price target for the company. Scotiabank lowered their price objective on shares of JFrog from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research report on Friday, May 10th. Finally, Bank Of America (Bofa) upped their target price on shares of JFrog from $36.00 to $54.00 in a research report on Thursday, March 7th. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $43.93.

Institutional Investors Weigh In On JFrog

Large investors have recently added to or reduced their stakes in the company. Cornercap Investment Counsel Inc. boosted its holdings in shares of JFrog by 1.2% during the fourth quarter. Cornercap Investment Counsel Inc. now owns 45,767 shares of the company’s stock worth $1,584,000 after purchasing an additional 535 shares during the period. Arcadia Investment Management Corp MI bought a new position in JFrog during the 1st quarter valued at approximately $26,000. Advisors Asset Management Inc. lifted its holdings in JFrog by 33.9% in the 1st quarter. Advisors Asset Management Inc. now owns 2,615 shares of the company’s stock worth $116,000 after buying an additional 662 shares during the period. Lazard Asset Management LLC grew its position in shares of JFrog by 6.0% in the 1st quarter. Lazard Asset Management LLC now owns 15,549 shares of the company’s stock worth $686,000 after buying an additional 879 shares during the last quarter. Finally, Frazier Financial Advisors LLC purchased a new position in shares of JFrog during the fourth quarter valued at approximately $35,000. 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.