JFrog Ltd. (NASDAQ:FROG) CFO Sells $10,586.97 in Stock

JFrog Ltd. (NASDAQ:FROG) CFO Eduard Grabscheid sold 347 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $30.51, for a total transaction of $10,586.97. Following the completion of the sale, the chief financial officer now directly owns 98,094 shares of the company’s stock, valued at $2,992,847.94. This represents a 0.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, September 3rd, Eduard Grabscheid sold 841 shares of JFrog stock. The stock was sold at an average price of $27.06, for a total value of $22,757.46.

JFrog Trading Up 0.7 %

Shares of NASDAQ:FROG opened at $32.15 on Friday. JFrog Ltd. has a 12-month low of $22.91 and a 12-month high of $48.81. The stock has a fifty day simple moving average of $29.77 and a two-hundred day simple moving average of $31.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Future Financial Wealth Managment LLC bought a new stake in shares of JFrog in the 3rd quarter worth $29,000. Advisors Asset Management Inc. raised its position in JFrog by 33.9% in the 1st quarter. Advisors Asset Management Inc. now owns 2,615 shares of the company’s stock worth $116,000 after buying an additional 662 shares during the last quarter. West Tower Group LLC purchased a new position in JFrog in the 3rd quarter worth about $116,000. SG Americas Securities LLC purchased a new stake in shares of JFrog during the 2nd quarter valued at about $187,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of JFrog in the second quarter worth approximately $188,000. Institutional investors own 85.02% of the company’s stock.

Wall Street Analysts Forecast Growth

FROG has been the topic of several recent research reports. Robert W. Baird raised their price target on JFrog from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. TD Cowen boosted their price objective on shares of JFrog from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, October 28th. KeyCorp raised their target price on JFrog from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Baird R W raised JFrog to a “strong-buy” rating in a research report on Tuesday, August 27th. Finally, Bank of America dropped their price objective on JFrog from $54.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.72.

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.