Yoav Landman Sells 15,000 Shares of JFrog Ltd. (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) CTO Yoav Landman sold 15,000 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $30.26, for a total value of $453,900.00. Following the completion of the transaction, the chief technology officer now directly owns 6,582,242 shares in the company, valued at $199,178,642.92. This trade represents a 0.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, October 11th, Yoav Landman sold 15,000 shares of JFrog stock. The stock was sold at an average price of $30.85, for a total value of $462,750.00.

JFrog Price Performance

Shares of NASDAQ FROG opened at $30.46 on Thursday. The stock has a fifty day moving average price of $30.73 and a 200 day moving average price of $31.31. JFrog Ltd. has a 1-year low of $22.91 and a 1-year high of $48.81. The company has a market cap of $3.10 billion, a PE ratio of -57.47 and a beta of 0.94.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on FROG shares. TD Cowen boosted their target price on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Truist Financial restated a “buy” rating and set a $35.00 price objective (up previously from $33.00) on shares of JFrog in a research report on Friday, November 8th. Robert W. Baird increased their target price on shares of JFrog from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Barclays reduced their price target on shares of JFrog from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Finally, KeyCorp upped their price objective on shares of JFrog from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, September 12th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, JFrog has an average rating of “Moderate Buy” and an average price target of $37.72.

Institutional Trading of JFrog

Hedge funds have recently made changes to their positions in the company. Assenagon Asset Management S.A. acquired a new position in shares of JFrog during the second quarter worth about $6,576,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in JFrog by 30.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 894,047 shares of the company’s stock valued at $25,963,000 after purchasing an additional 210,000 shares in the last quarter. Principal Financial Group Inc. increased its position in JFrog by 55.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,437,941 shares of the company’s stock worth $41,757,000 after purchasing an additional 514,895 shares during the period. North Peak Capital Management LLC purchased a new position in shares of JFrog during the 3rd quarter worth approximately $73,417,000. Finally, Atom Investors LP lifted its holdings in shares of JFrog by 57.0% in the 3rd quarter. Atom Investors LP now owns 66,449 shares of the company’s stock valued at $1,930,000 after buying an additional 24,120 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.