JFrog (NASDAQ:FROG) CTO Sells $13,498,500.00 in Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 150,000 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the sale, the chief technology officer directly owned 5,539,038 shares of the company’s stock, valued at $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yoav Landman also recently made the following trade(s):

• On Monday, June 1st, Yoav Landman sold 100,000 shares of JFrog stock. The shares were sold at an average price of $81.47, for a total transaction of $8,147,000.00.
• On Thursday, May 14th, Yoav Landman sold 75,000 shares of JFrog stock. The shares were sold at an average price of $64.22, for a total transaction of $4,816,500.00.
• On Friday, April 10th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $42.87, for a total transaction of $643,050.00.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $94.81 on Friday. The firm has a fifty day moving average of $73.43 and a two-hundred day moving average of $58.99. The firm has a market capitalization of $11.48 billion, a P/E ratio of -178.89 and a beta of 1.20. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $96.00.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The business had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. During the same period in the prior year, the business posted $0.20 earnings per share. JFrog’s revenue for the quarter was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities research analysts expect that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FROG. Royal Bank of Canada lifted its holdings in JFrog by 48.4% during the 1st 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 bought a new stake in JFrog during the first quarter worth about $205,000. AQR Capital Management LLC bought a new stake in JFrog during the first quarter worth about $368,000. Integrated Wealth Concepts LLC acquired a new stake in shares of JFrog during the first quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of JFrog by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after buying an additional 88,784 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FROG shares. Stifel Nicolaus lifted their price target on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. UBS Group lifted their price target on shares of JFrog from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Bank of America increased their price objective on shares of JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, Truist Financial raised their price objective on shares of JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and an average price target of $82.48.

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.