JFrog Ltd. (NASDAQ:FROG – Get Rating) Director Frederic Simon sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $18.51, for a total value of $555,300.00. Following the sale, the director now directly owns 5,367,134 shares in the company, valued at approximately $99,345,650.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Frederic Simon also recently made the following trade(s):
- On Friday, February 17th, Frederic Simon sold 45,000 shares of JFrog stock. The stock was sold at an average price of $23.11, for a total transaction of $1,039,950.00.
- On Wednesday, January 18th, Frederic Simon sold 45,000 shares of JFrog stock. The stock was sold at an average price of $23.02, for a total transaction of $1,035,900.00.
JFrog Price Performance
NASDAQ FROG opened at $18.34 on Friday. The company has a fifty day moving average of $22.97 and a 200 day moving average of $22.41. The company has a market capitalization of $1.79 billion, a PE ratio of -20.15 and a beta of 0.49. JFrog Ltd. has a 1 year low of $16.36 and a 1 year high of $28.03.
Hedge Funds Weigh In On JFrog
Analyst Upgrades and Downgrades
Several brokerages have weighed in on FROG. Cantor Fitzgerald initiated coverage on shares of JFrog in a research note on Wednesday, January 25th. They issued an “overweight” rating and a $29.00 target price for the company. Bank of America raised JFrog from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $28.00 to $32.00 in a research report on Wednesday, January 4th. JPMorgan Chase & Co. boosted their target price on JFrog from $28.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $28.00 price target on shares of JFrog in a research note on Wednesday, March 8th. Finally, Piper Sandler dropped their price target on JFrog from $26.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, January 5th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $29.18.
JFrog Company Profile
JFrog Ltd. provides DevOps platform in the United States. The company's products include JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages at any scale; JFrog Pipelines, an integration/continuous delivery tool for automating and orchestrating the movement of software packages; JFrog Xray, which scan JFrog Artifactory; and JFrog Distribution that provides software package distribution with enterprise-grade performance.
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