JFrog Ltd. (NASDAQ:FROG – Get Free Report) CRO Tali Notman sold 10,699 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $28.29, for a total value of $302,674.71. Following the sale, the executive now directly owns 536,714 shares in the company, valued at $15,183,639.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Tali Notman also recently made the following trade(s):
- On Tuesday, September 3rd, Tali Notman sold 11,621 shares of JFrog stock. The stock was sold at an average price of $27.06, for a total value of $314,464.26.
- On Thursday, August 1st, Tali Notman sold 30,000 shares of JFrog stock. The stock was sold at an average price of $36.68, for a total value of $1,100,400.00.
- On Monday, July 1st, Tali Notman sold 5,882 shares of JFrog stock. The shares were sold at an average price of $37.51, for a total transaction of $220,633.82.
- On Thursday, June 13th, Tali Notman sold 34,748 shares of JFrog stock. The stock was sold at an average price of $33.96, for a total transaction of $1,180,042.08.
JFrog Price Performance
JFrog stock opened at $27.90 on Friday. JFrog Ltd. has a 1-year low of $21.38 and a 1-year high of $48.81. The firm has a market capitalization of $2.84 billion, a P/E ratio of -59.36 and a beta of 0.94. The company’s 50-day moving average is $31.74 and its 200 day moving average is $36.06.
Institutional Investors Weigh In On JFrog
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC purchased a new position in shares of JFrog during the fourth quarter worth approximately $35,000. Future Financial Wealth Managment LLC purchased a new stake in shares of JFrog during the first quarter valued at about $44,000. Advisors Asset Management Inc. boosted its holdings in shares of JFrog by 33.9% in the 1st quarter. Advisors Asset Management Inc. now owns 2,615 shares of the company’s stock valued at $116,000 after buying an additional 662 shares in the last quarter. RiverPark Advisors LLC purchased a new position in shares of JFrog in the 1st quarter worth approximately $140,000. Finally, Duality Advisers LP bought a new position in shares of JFrog during the 1st quarter worth approximately $205,000. Institutional investors own 85.02% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on FROG. KeyCorp raised their target price on shares of JFrog from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday. Stifel Nicolaus reduced their target price on JFrog from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Canaccord Genuity Group decreased their target price on JFrog from $48.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Truist Financial cut their price target on JFrog from $50.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Robert W. Baird initiated coverage on JFrog in a research note on Tuesday, August 27th. They issued an “outperform” rating and a $32.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, JFrog presently has an average rating of “Moderate Buy” and a consensus target price of $36.28.
Read Our Latest Research 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.
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