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 company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $30.26, for a total value of $453,900.00. Following the transaction, the chief technology officer now owns 6,582,242 shares in the company, valued at $199,178,642.92. This trade represents a 0.23 % 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.

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

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

JFrog Trading Down 0.0 %

FROG stock opened at $31.21 on Wednesday. The stock has a market cap of $3.18 billion, a P/E ratio of -58.89 and a beta of 0.94. JFrog Ltd. has a twelve month low of $22.91 and a twelve month high of $48.81. The company’s 50 day moving average is $30.69 and its two-hundred day moving average is $31.32.

Institutional Investors Weigh In On JFrog

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC acquired a new position in JFrog in the third quarter valued at $29,000. West Tower Group LLC purchased a new stake in shares of JFrog in the 3rd quarter valued at about $116,000. SG Americas Securities LLC acquired a new stake in shares of JFrog in the 2nd quarter valued at about $187,000. Sanctuary Advisors LLC purchased a new position in JFrog during the 2nd quarter worth approximately $188,000. Finally, US Bancorp DE increased its position in JFrog by 13.6% during the third quarter. US Bancorp DE now owns 6,687 shares of the company’s stock worth $194,000 after buying an additional 798 shares during the period. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FROG has been the subject of several research reports. Baird R W raised JFrog to a “strong-buy” rating in a research report on Tuesday, August 27th. Needham & Company LLC upped their target price on shares of JFrog from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Robert W. Baird increased their target price on shares of JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Scotiabank boosted their price target on shares of JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, November 8th. Finally, KeyCorp increased their price objective on JFrog from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, September 12th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $37.72.

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.