JFrog (NASDAQ:FROG) CFO Eduard Grabscheid Sells 5,654 Shares

JFrog Ltd. (NASDAQ:FROGGet Free Report) CFO Eduard Grabscheid sold 5,654 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total value of $478,837.26. Following the sale, the chief financial officer owned 209,658 shares in the company, valued at $17,755,936.02. This represents a 2.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Eduard Grabscheid also recently made the following trade(s):

  • On Tuesday, June 2nd, Eduard Grabscheid sold 9,484 shares of JFrog stock. The stock was sold at an average price of $86.54, for a total value of $820,745.36.

JFrog Price Performance

FROG stock traded up $2.34 during midday trading on Thursday, reaching $86.20. 1,799,152 shares of the stock were exchanged, compared to its average volume of 3,073,387. The stock has a market capitalization of $10.44 billion, a PE ratio of -162.63 and a beta of 1.23. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $89.16. The company has a fifty day moving average price of $56.81 and a 200 day moving average price of $55.67.

JFrog (NASDAQ:FROGGet Free Report) last issued its quarterly earnings data 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. The business had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.JFrog’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, analysts anticipate that JFrog Ltd. will post -0.17 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. First Trust Advisors LP lifted its stake in shares of JFrog by 85,066.4% in the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the period. Wasatch Advisors LP lifted its stake in shares of JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after purchasing an additional 2,710,167 shares during the period. Whale Rock Capital Management LLC lifted its stake in shares of JFrog by 82.2% in the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares during the period. Invesco Ltd. raised its stake in JFrog by 6,868.3% during the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after buying an additional 2,073,876 shares during the period. Finally, Swedbank AB acquired a new position in JFrog during the 1st quarter worth approximately $78,872,000. 85.02% of the stock is owned by institutional investors and hedge funds.

More JFrog News

Here are the key news stories impacting JFrog this week:

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Piper Sandler reduced their price target on JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Needham & Company LLC upped their price target on JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. upped their price target on JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Canaccord Genuity Group reduced their price target on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price target on shares of JFrog in a research report on Wednesday, April 22nd. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.63.

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About JFrog

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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.

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Insider Buying and Selling by Quarter for JFrog (NASDAQ:FROG)

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