JFrog Ltd. (NASDAQ:FROG – Get Free Report) CEO Ben Haim Shlomi sold 20,606 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $27.06, for a total value of $557,598.36. Following the completion of the sale, the chief executive officer now directly owns 5,027,493 shares in the company, valued at $136,043,960.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Ben Haim Shlomi also recently made the following trade(s):
- On Friday, June 7th, Ben Haim Shlomi sold 57,550 shares of JFrog stock. The stock was sold at an average price of $32.32, for a total transaction of $1,860,016.00.
JFrog Price Performance
NASDAQ FROG opened at $28.61 on Thursday. The stock has a market capitalization of $2.91 billion, a P/E ratio of -60.87 and a beta of 0.96. The business has a 50 day simple moving average of $32.78 and a 200 day simple moving average of $36.65. JFrog Ltd. has a one year low of $21.38 and a one year high of $48.81.
Hedge Funds Weigh In On JFrog
Institutional investors have recently made changes to their positions in the stock. Mackenzie Financial Corp increased 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 in the last quarter. George Kaiser Family Foundation grew its stake in JFrog by 0.7% in the second quarter. George Kaiser Family Foundation now owns 75,037 shares of the company’s stock valued at $2,818,000 after acquiring an additional 532 shares during the period. Advisors Asset Management Inc. increased its holdings in shares of JFrog by 33.9% during the first quarter. Advisors Asset Management Inc. now owns 2,615 shares of the company’s stock valued at $116,000 after acquiring an additional 662 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of JFrog by 6.0% during the first quarter. Lazard Asset Management LLC now owns 15,549 shares of the company’s stock worth $686,000 after purchasing an additional 879 shares during the period. Finally, Frazier Financial Advisors LLC bought a new position in shares of JFrog in the 4th quarter worth $35,000. Institutional investors and hedge funds own 85.02% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on FROG shares. Robert W. Baird assumed coverage on shares of JFrog in a report on Tuesday, August 27th. They set an “outperform” rating and a $32.00 price target on the stock. Cantor Fitzgerald decreased their target price on shares of JFrog from $45.00 to $35.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Truist Financial cut their target price on shares of JFrog from $50.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Barclays decreased their price target on shares of JFrog from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, August 9th. Finally, Baird R W raised shares of JFrog to a “strong-buy” rating in a research note on Tuesday, August 27th. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $37.67.
View Our Latest Analysis 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.
See Also
- Five stocks we like better than JFrog
- How to Use Stock Screeners to Find Stocks
- Why Dick’s Could Be a Slam Dunk for Your Investment Portfolio
- P/E Ratio Calculation: How to Assess Stocks
- Introduction to Fibonacci Retracement Levels
- What Is WallStreetBets and What Stocks Are They Targeting?
- Top 3 Stocks to Outperform the S&P 500 in a Downturn
Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter.