JFrog Ltd. (NASDAQ:FROG – Get Free Report) CFO Eduard Grabscheid sold 6,672 shares of JFrog stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $36.55, for a total value of $243,861.60. Following the completion of the transaction, the chief financial officer now owns 166,236 shares of the company’s stock, valued at approximately $6,075,925.80. This trade represents a 3.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Eduard Grabscheid also recently made the following trade(s):
- On Friday, February 14th, Eduard Grabscheid sold 11,942 shares of JFrog stock. The stock was sold at an average price of $42.99, for a total value of $513,386.58.
- On Monday, January 27th, Eduard Grabscheid sold 2,152 shares of JFrog stock. The stock was sold at an average price of $35.00, for a total value of $75,320.00.
JFrog Stock Down 5.7 %
Shares of NASDAQ FROG opened at $34.71 on Friday. The business has a fifty day simple moving average of $34.80 and a two-hundred day simple moving average of $31.38. The firm has a market cap of $3.54 billion, a PE ratio of -55.10 and a beta of 0.95. JFrog Ltd. has a twelve month low of $22.91 and a twelve month high of $46.65.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of JFrog by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 8,836,526 shares of the company’s stock worth $259,882,000 after acquiring an additional 349,532 shares in the last quarter. TimesSquare Capital Management LLC raised its position in shares of JFrog by 12.0% in the 4th quarter. TimesSquare Capital Management LLC now owns 3,400,276 shares of the company’s stock worth $100,002,000 after acquiring an additional 365,376 shares in the last quarter. North Peak Capital Management LLC bought a new position in shares of JFrog in the 3rd quarter worth $73,417,000. Champlain Investment Partners LLC raised its position in shares of JFrog by 48.4% in the 4th quarter. Champlain Investment Partners LLC now owns 2,446,819 shares of the company’s stock worth $71,961,000 after acquiring an additional 797,949 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in JFrog by 33.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,374,972 shares of the company’s stock valued at $68,969,000 after buying an additional 593,478 shares in the last quarter. 85.02% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the company. Scotiabank lifted their target price on JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, November 8th. KeyCorp restated an “overweight” rating and set a $46.00 price objective (up previously from $36.00) on shares of JFrog in a report on Friday, February 14th. Stifel Nicolaus boosted their price objective on JFrog from $35.00 to $45.00 and gave the company a “buy” rating in a report on Friday, February 14th. Barclays boosted their price objective on JFrog from $38.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Morgan Stanley boosted their price objective on JFrog from $36.00 to $44.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $42.17.
View Our Latest Report on JFrog
About JFrog
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.
See Also
- Five stocks we like better than JFrog
- Growth Stocks: What They Are, Examples and How to Invest
- Investing in Small-Cap AI: Powering the Next Tech Revolution
- Find and Profitably Trade Stocks at 52-Week Lows
- Occidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Super Micro Computer Is Now NASDAQ Compliant—But Is It a Buy?
Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter.