Ben Haim Shlomi Sells 32,724 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROGGet Free Report) CEO Ben Haim Shlomi sold 32,724 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $43.89, for a total value of $1,436,256.36. Following the sale, the chief executive officer now owns 4,987,300 shares of the company’s stock, valued at approximately $218,892,597. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ben Haim Shlomi also recently made the following trade(s):

  • On Tuesday, January 23rd, Ben Haim Shlomi sold 1,200 shares of JFrog stock. The stock was sold at an average price of $35.00, for a total value of $42,000.00.
  • On Thursday, December 28th, Ben Haim Shlomi sold 48,099 shares of JFrog stock. The stock was sold at an average price of $35.02, for a total value of $1,684,426.98.
  • On Tuesday, December 26th, Ben Haim Shlomi sold 129,019 shares of JFrog stock. The stock was sold at an average price of $35.14, for a total value of $4,533,727.66.
  • On Thursday, December 21st, Ben Haim Shlomi sold 67,744 shares of JFrog stock. The stock was sold at an average price of $35.00, for a total value of $2,371,040.00.

JFrog Price Performance

Shares of FROG stock opened at $42.77 on Friday. JFrog Ltd. has a 1 year low of $17.11 and a 1 year high of $48.81. The stock’s 50 day simple moving average is $37.20 and its two-hundred day simple moving average is $30.59. The company has a market cap of $4.36 billion, a PE ratio of -71.28 and a beta of 0.99.

Institutional Investors Weigh In On JFrog

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC purchased a new stake in JFrog during the fourth quarter valued at approximately $35,000. Sunbelt Securities Inc. purchased a new stake in JFrog during the first quarter valued at approximately $25,000. Fred Alger Management LLC purchased a new stake in shares of JFrog in the third quarter worth approximately $35,000. Advisors Asset Management Inc. raised its holdings in shares of JFrog by 148.3% in the third quarter. Advisors Asset Management Inc. now owns 1,388 shares of the company’s stock worth $35,000 after buying an additional 829 shares during the period. Finally, US Bancorp DE raised its holdings in shares of JFrog by 84.9% in the second quarter. US Bancorp DE now owns 2,047 shares of the company’s stock worth $57,000 after buying an additional 940 shares during the period. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Cantor Fitzgerald upped their price objective on JFrog from $40.00 to $45.00 in a research note on Thursday. Truist Financial upped their price objective on JFrog from $41.00 to $50.00 in a research note on Thursday. Morgan Stanley upped their price objective on JFrog from $40.00 to $52.00 in a research note on Thursday. Bank Of America (Bofa) upped their price objective on JFrog from $36.00 to $54.00 in a research note on Thursday. Finally, DA Davidson increased their price target on JFrog from $45.00 to $55.00 in a research note on Thursday. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $42.75.

View Our Latest Research Report on JFrog

JFrog Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for JFrog (NASDAQ:FROG)

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