Insider Selling: JFrog (NASDAQ:FROG) Director Sells $110,475.00 in Stock

JFrog Ltd. (NASDAQ:FROG) Director Barry Zwarenstein sold 1,250 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $88.38, for a total transaction of $110,475.00. Following the transaction, the director directly owned 30,437 shares in the company, valued at approximately $2,690,022.06. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Barry Zwarenstein also recently made the following trade(s):

• On Thursday, July 23rd, Barry Zwarenstein sold 1,250 shares of JFrog stock. The stock was sold at an average price of $80.10, for a total transaction of $100,125.00.

JFrog Trading Down 1.2%

Shares of FROG opened at $92.81 on Friday. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $105.76. The firm’s 50-day moving average price is $88.70 and its 200-day moving average price is $71.77. The firm has a market capitalization of $11.44 billion, a price-to-earnings ratio of -250.83 and a beta of 1.28.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period last year, the business posted $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On JFrog

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Millstone Evans Group LLC increased its holdings in JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the last quarter. Allworth Financial LP boosted its stake in shares of JFrog by 83.1% during the 2nd quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after acquiring an additional 294 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of JFrog during the 1st quarter valued at $30,000. Employees Retirement System of Texas purchased a new stake in shares of JFrog in the 4th quarter worth $44,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of JFrog by 12,566.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock worth $47,000 after purchasing an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FROG shares. BTIG Research reaffirmed a “buy” rating and issued a $115.00 price target on shares of JFrog in a research note on Friday, September 4th. Piper Sandler upped their target price on shares of JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. KeyCorp increased their price target on shares of JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen cut shares of JFrog from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. Finally, UBS Group upped their price objective on shares of JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.48.

About JFrog

JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.