JFrog Ltd. (NASDAQ:FROG – Get Free Report) CRO Tali Notman sold 11,621 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $27.06, for a total transaction of $314,464.26. Following the transaction, the executive now owns 547,413 shares of the company’s stock, valued at approximately $14,812,995.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Tali Notman also recently made the following trade(s):
- On Thursday, August 1st, Tali Notman sold 30,000 shares of JFrog stock. The stock was sold at an average price of $36.68, for a total transaction of $1,100,400.00.
- On Monday, July 1st, Tali Notman sold 5,882 shares of JFrog stock. The shares were sold at an average price of $37.51, for a total transaction of $220,633.82.
- On Thursday, June 13th, Tali Notman sold 34,748 shares of JFrog stock. The stock was sold at an average price of $33.96, for a total value of $1,180,042.08.
JFrog Stock Down 5.1 %
Shares of NASDAQ FROG opened at $26.34 on Wednesday. JFrog Ltd. has a twelve month low of $21.38 and a twelve month high of $48.81. The company has a market cap of $2.68 billion, a PE ratio of -56.04 and a beta of 0.96. The business’s 50 day moving average price is $32.92 and its two-hundred day moving average price is $36.70.
Hedge Funds Weigh In On JFrog
Several large investors have recently modified their holdings of FROG. 1832 Asset Management L.P. boosted its holdings in shares of JFrog by 285.1% during the 1st quarter. 1832 Asset Management L.P. now owns 1,422,100 shares of the company’s stock worth $62,885,000 after buying an additional 1,052,800 shares during the period. Meitav Investment House Ltd. grew its holdings in JFrog by 4,244.7% in the 2nd quarter. Meitav Investment House Ltd. now owns 876,628 shares of the company’s stock valued at $32,903,000 after buying an additional 856,451 shares in the last quarter. American Century Companies Inc. increased its position in JFrog by 172.5% during the 2nd quarter. American Century Companies Inc. now owns 1,330,034 shares of the company’s stock worth $49,943,000 after buying an additional 841,956 shares during the period. Principal Financial Group Inc. acquired a new stake in shares of JFrog during the first quarter worth $35,520,000. Finally, Ensign Peak Advisors Inc bought a new stake in shares of JFrog in the second quarter valued at about $30,098,000. 85.02% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
FROG has been the subject of several recent analyst reports. Piper Sandler lowered their price target on JFrog from $40.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, August 8th. TD Cowen lowered their target price on JFrog from $50.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Scotiabank cut their price target on shares of JFrog from $40.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 8th. Needham & Company LLC reissued a “buy” rating and set a $45.00 price objective on shares of JFrog in a research report on Tuesday, June 25th. Finally, Stifel Nicolaus dropped their price objective on shares of JFrog from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.67.
Check Out Our Latest Stock Report on JFrog
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.
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