Ben Haim Shlomi Sells 71,841 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 71,841 shares of JFrog stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total value of $2,884,416.15. Following the sale, the chief executive officer directly owned 4,815,612 shares in the company, valued at approximately $193,346,821.80. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, February 5th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $51.92, for a total value of $1,298,000.00.
• On Wednesday, January 7th, Ben Haim Shlomi sold 25,000 shares of JFrog stock. The shares were sold at an average price of $59.66, for a total value of $1,491,500.00.

JFrog Stock Down 7.2%

FROG stock traded down $3.05 during trading on Wednesday, reaching $39.19. 4,367,517 shares of the company’s stock were exchanged, compared to its average volume of 3,482,825. JFrog Ltd. has a 1-year low of $27.00 and a 1-year high of $70.43. The firm has a market cap of $4.69 billion, a PE ratio of -63.21 and a beta of 1.20. The company’s fifty day moving average price is $54.06 and its 200-day moving average price is $53.75.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $145.31 million for the quarter, compared to analysts’ expectations of $138.09 million. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The company’s revenue was up 25.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.19 earnings per share. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. As a group, sell-side analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JFrog

A number of hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its position in JFrog by 48.4% during the first quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of JFrog during the 1st quarter worth about $205,000. AQR Capital Management LLC acquired a new stake in shares of JFrog during the 1st quarter valued at about $368,000. Integrated Wealth Concepts LLC bought a new stake in shares of JFrog in the 1st quarter valued at approximately $203,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of JFrog by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after buying an additional 88,784 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on FROG shares. Evercore set a $80.00 price objective on shares of JFrog in a report on Thursday, February 26th. Canaccord Genuity Group cut their target price on JFrog from $75.00 to $66.00 and set a “buy” rating for the company in a research report on Friday, February 13th. KeyCorp increased their price target on JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Oppenheimer upgraded JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research report on Friday, November 7th. Finally, UBS Group set a $60.00 price objective on JFrog in a report on Friday, February 13th. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.42.

About JFrog

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.