JFrog (NASDAQ:FROG) Shares Gap Down After Insider Selling
by Amy Steele · The Cerbat GemJFrog Ltd. (NASDAQ:FROG – Get Free Report)’s share price gapped down prior to trading on Wednesday after an insider sold shares in the company. The stock had previously closed at $44.36, but opened at $42.15. JFrog shares last traded at $43.22, with a volume of 962,761 shares.
Specifically, CTO Yoav Landman sold 15,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $42.87, for a total value of $643,050.00. Following the completion of the sale, the chief technology officer owned 5,828,437 shares of the company’s stock, valued at approximately $249,865,094.19. This trade represents a 0.26% 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 25,000 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $50.35, for a total transaction of $1,258,750.00. Following the transaction, the director owned 3,458,286 shares in the company, valued at approximately $174,124,700.10. This trade represents a 0.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other JFrog news, CEO Ben Haim Shlomi sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $48.88, for a total transaction of $1,222,000.00. Following the sale, the chief executive officer owned 4,740,249 shares of the company’s stock, valued at approximately $231,703,371.12. The trade was a 0.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Wall Street Analyst Weigh In
FROG has been the topic of a number of research analyst reports. DA Davidson dropped their price objective on shares of JFrog from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. William Blair reaffirmed an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. Guggenheim started coverage on JFrog in a report on Monday, March 16th. They issued a “buy” rating and a $60.00 price objective on the stock. Finally, KeyCorp lifted their target price on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Eighteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and an average target price of $67.05.
Get Our Latest Analysis on FROG
JFrog Stock Down 1.3%
The business’s 50-day simple moving average is $45.00 and its two-hundred day simple moving average is $52.84. The firm has a market cap of $5.30 billion, a price-to-earnings ratio of -70.14 and a beta of 1.14.
JFrog (NASDAQ:FROG – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The firm had revenue of $145.31 million for the quarter, compared to analysts’ expectations of $138.09 million. The company’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the firm earned $0.19 EPS. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. On average, analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current year.
Institutional Trading of JFrog
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Verdence Capital Advisors LLC raised its stake in shares of JFrog by 2.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock worth $481,000 after buying an additional 253 shares during the period. Snowden Capital Advisors LLC grew its stake in JFrog by 1.7% in the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock valued at $666,000 after acquiring an additional 253 shares during the period. Park Avenue Securities LLC increased its holdings in JFrog by 3.1% in the 4th quarter. Park Avenue Securities LLC now owns 9,362 shares of the company’s stock worth $585,000 after acquiring an additional 279 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in JFrog by 2.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company’s stock worth $948,000 after acquiring an additional 299 shares in the last quarter. Finally, Arizona State Retirement System raised its position in JFrog by 1.3% during the third quarter. Arizona State Retirement System now owns 28,768 shares of the company’s stock worth $1,362,000 after acquiring an additional 362 shares during the period. 85.02% of the stock is currently owned by hedge funds and other institutional investors.
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.