Insider Selling: JFrog (NASDAQ:FROG) CEO Sells $1,365,000.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the completion of the sale, the chief executive officer directly owned 4,562,237 shares in the company, valued at $415,163,567. This represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 8th, Ben Haim Shlomi sold 15,000 shares of JFrog stock. The stock was sold at an average price of $94.37, for a total transaction of $1,415,550.00.
• On Monday, June 29th, Ben Haim Shlomi sold 65,999 shares of JFrog stock. The stock was sold at an average price of $90.03, for a total value of $5,941,889.97.
• On Monday, June 8th, Ben Haim Shlomi sold 93,072 shares of JFrog stock. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20.
• On Tuesday, June 2nd, Ben Haim Shlomi sold 43,056 shares of JFrog stock. The shares were sold at an average price of $86.54, for a total value of $3,726,066.24.
• On Tuesday, May 26th, Ben Haim Shlomi sold 48,763 shares of JFrog stock. The stock was sold at an average price of $75.04, for a total value of $3,659,175.52.

JFrog Stock Performance

Shares of JFrog stock opened at $95.15 on Friday. The firm has a market cap of $11.73 billion, a PE ratio of -257.16 and a beta of 1.22. The business’s 50 day simple moving average is $85.34 and its 200 day simple moving average is $64.07. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $99.22.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative return on equity of 2.76% and a negative net margin of 7.35%.The business’s revenue was up 28.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, equities research analysts predict that JFrog Ltd. will post -0.15 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Barclays reissued an “overweight” rating and set a $110.00 price target on shares of JFrog in a research report on Friday, August 7th. UBS Group raised their price objective on JFrog from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Bank of America lifted their target price on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, KeyCorp lifted their target price on JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $105.81.

Institutional Trading of JFrog

Large investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC increased its stake in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 478 shares during the last quarter. Western Wealth Management LLC acquired a new stake in JFrog in the 1st quarter valued at about $30,000. Employees Retirement System of Texas bought a new position in JFrog during the fourth quarter worth about $44,000. Finally, First Horizon Corp acquired a new position in JFrog during the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.