JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman Sells 15,000 Shares

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 15,000 shares of the firm’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $31.55, for a total transaction of $473,250.00. Following the transaction, the chief technology officer now owns 6,567,242 shares of the company’s stock, valued at $207,196,485.10. This trade represents a 0.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, December 12th, Yoav Landman sold 15,000 shares of JFrog stock. The shares were sold at an average price of $30.26, for a total transaction of $453,900.00.

JFrog Stock Down 2.0 %

FROG opened at $31.30 on Tuesday. JFrog Ltd. has a 52-week low of $22.91 and a 52-week high of $48.81. The company has a 50 day moving average of $30.89 and a two-hundred day moving average of $30.95. The company has a market cap of $3.19 billion, a P/E ratio of -59.06 and a beta of 0.95.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on FROG shares. Scotiabank lifted their price target on shares of JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, November 8th. Truist Financial reiterated a “buy” rating and set a $35.00 price target (up from $33.00) on shares of JFrog in a report on Friday, November 8th. Barclays lowered their price target on shares of JFrog from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, November 11th. Cantor Fitzgerald reiterated an “overweight” rating and set a $35.00 price target on shares of JFrog in a report on Tuesday, October 29th. Finally, TD Cowen lifted their price target on shares of JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $37.72.

Institutional Investors Weigh In On JFrog

Institutional investors have recently bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. grew its stake in JFrog by 30.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 894,047 shares of the company’s stock worth $25,963,000 after buying an additional 210,000 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of JFrog by 11.8% in the third quarter. JPMorgan Chase & Co. now owns 1,508,852 shares of the company’s stock valued at $43,817,000 after purchasing an additional 159,483 shares during the period. Principal Financial Group Inc. boosted its stake in shares of JFrog by 55.8% in the third quarter. Principal Financial Group Inc. now owns 1,437,941 shares of the company’s stock valued at $41,757,000 after purchasing an additional 514,895 shares during the period. North Peak Capital Management LLC purchased a new position in shares of JFrog in the third quarter valued at $73,417,000. Finally, Atom Investors LP boosted its stake in shares of JFrog by 57.0% in the third quarter. Atom Investors LP now owns 66,449 shares of the company’s stock valued at $1,930,000 after purchasing an additional 24,120 shares during the period. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

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.