1 day Ago By ABMN Staff
Needham & Company LLC reiterated their buy rating on shares of JFrog ( NASDAQ:FROG – Free Report ) in a report published on Monday, Benzinga reports. Needham & Company LLC currently has a $33.00 price target on the stock.
Several other equities analysts have also recently commented on FROG. Scotiabank lowered their target price on shares of JFrog from $40.00 to $25.
00 and set a sector perform rating on the stock in a research note on Thursday, August 8th. UBS Group dropped their target price on JFrog from $41.00 to $30.
00 and set a buy rating on the stock in a report on Thursday, August 8th. KeyCorp increased their price target on JFrog from $30.00 to $32.
00 and gave the company an overweight rating in a research note on Thursday, September 12th. Barclays dropped their price objective on JFrog from $50.00 to $40.
00 and set an overweight rating on the stock in a research note on Friday, August 9th. Finally, Bank of America decreased their target price on JFrog from $54.00 to $44.
00 and set a buy rating for the company in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $36.
28. Check Out Our Latest Report on JFrog JFrog Trading Up 0.2 % JFrog ( NASDAQ:FROG – Get Free Report ) last announced its quarterly earnings results on Wednesday, August 7th.
The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.
03). JFrog had a negative return on equity of 4.63% and a negative net margin of 12.
35%. The business had revenue of $103.04 million for the quarter, compared to analyst estimates of $103.
53 million. Sell-side analysts forecast that JFrog will post -0.28 earnings per share for the current fiscal year.
Insider Buying and Selling at JFrog In other news, CTO Yoav Landman sold 16,277 shares of JFrog stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $36.66, for a total transaction of $596,714.
82. Following the transaction, the chief technology officer now owns 6,697,242 shares in the company, valued at $245,520,891.72.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . In other JFrog news, CRO Tali Notman sold 5,882 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $37.
51, for a total value of $220,633.82. Following the transaction, the executive now owns 559,034 shares in the company, valued at approximately $20,969,365.
34. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link . Also, CTO Yoav Landman sold 16,277 shares of the stock in a transaction that occurred on Thursday, June 27th.
The stock was sold at an average price of $36.66, for a total transaction of $596,714.82.
Following the completion of the sale, the chief technology officer now owns 6,697,242 shares of the company’s stock, valued at approximately $245,520,891.72. The disclosure for this sale can be found here .
Insiders have sold a total of 218,040 shares of company stock valued at $7,238,795 in the last three months. 15.70% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On JFrog Hedge funds and other institutional investors have recently made changes to their positions in the company. Teacher Retirement System of Texas acquired a new position in JFrog in the fourth quarter worth approximately $459,000. Dimensional Fund Advisors LP increased its stake in shares of JFrog by 10.
2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,575,867 shares of the company’s stock worth $54,542,000 after purchasing an additional 145,465 shares during the last quarter. Level Four Advisory Services LLC bought a new position in shares of JFrog during the 4th quarter valued at $484,000.
Norges Bank acquired a new stake in shares of JFrog in the 4th quarter valued at $16,661,000. Finally, Thoroughbred Financial Services LLC bought a new stake in JFrog in the fourth quarter worth $405,000. 85.
02% of the stock is owned by hedge funds and other institutional investors. JFrog Company Profile ( Get Free Report ) 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. Featured Stories Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter .
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