Yvonne Wassenaar Sells 1,957 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Yvonne Wassenaar sold 1,957 shares of JFrog stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the transaction, the director directly owned 20,495 shares in the company, valued at $1,203,056.50. This trade represents a 8.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Yvonne Wassenaar also recently made the following trade(s):

• On Monday, October 20th, Yvonne Wassenaar sold 1,372 shares of JFrog stock. The stock was sold at an average price of $47.94, for a total value of $65,773.68.

JFrog Stock Performance

Shares of FROG stock opened at $59.27 on Friday. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $70.43. The stock’s fifty day moving average price is $61.76 and its two-hundred day moving average price is $51.32. The company has a market cap of $7.01 billion, a PE ratio of -84.67 and a beta of 1.13.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.JFrog’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. On average, equities analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Institutional Trading of JFrog

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vident Advisory LLC acquired a new position in JFrog during the 1st quarter worth about $242,000. Royal Bank of Canada increased its stake in shares of JFrog by 48.4% in the first quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after buying an additional 61,685 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of JFrog during the first quarter worth about $205,000. AQR Capital Management LLC acquired a new position in shares of JFrog in the first quarter worth approximately $368,000. Finally, Integrated Wealth Concepts LLC bought a new stake in JFrog in the first quarter valued at approximately $203,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FROG has been the subject of a number of research analyst reports. TD Cowen upped their price objective on shares of JFrog from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. BTIG Research initiated coverage on shares of JFrog in a report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price target for the company. Piper Sandler increased their price target on JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday. Needham & Company LLC raised their price objective on JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $65.53.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.