JFrog Ltd (NASDAQ: FROG) is 26.90% higher on its value in year-to-date trading and has touched a low of $17.11 and a high of $48.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FROG stock was last observed hovering at around $44.22 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $43.92, the stock is 1.44% and 10.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.68% at the moment leaves the stock 43.26% off its SMA200. FROG registered 130.55% gain for a year compared to 6-month gain of 73.46%. The firm has a 50-day simple moving average (SMA 50) of $11.85 and a 200-day simple moving average (SMA200) of -$68.82.
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The stock witnessed a -1.08% loss in the last 1 month and extending the period to 3 months gives it a 25.77%, and is -1.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.22% over the week and 3.67% over the month.
JFrog Ltd (FROG) has around 1400 employees, a market worth around $4.67B and $349.89M in sales. Fwd P/E is 62.82. Profit margin for the company is -17.51%. Distance from 52-week low is 156.69% and -10.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.84%).
JFrog Ltd quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $98.66M over the same period.The EPS is expected to grow by 17.51% this year, but quarterly earnings will post 22.00% year-over-year. Quarterly sales are estimated to grow 23.60% in year-over-year returns.
327 institutions hold shares in JFrog Ltd (FROG), with institutional investors hold 81.02% of the company’s shares. The shares outstanding are 106.11M, and float is at 86.79M with Short Float at 1.72%. Institutions hold 67.85% of the Float.
The top institutional shareholder in the company is Gemini Israel Funds IV Ltd. with over 8.58 million shares valued at $182.94 million. The investor’s holdings represent 8.26% of the FROG Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 6.35 million shares valued at $175.99 million to account for 6.12% of the shares outstanding. The other top investors are Insight Holdings Group, LLC which holds 3.19 million shares representing 3.07% and valued at over $88.37 million, while Eminence Capital, LP holds 3.04% of the shares totaling 3.16 million with a market value of $87.46 million.
JFrog Ltd (FROG) Insider Activity
The most recent transaction is an insider sale by Simon Frederic, the company’s Director. SEC filings show that Simon Frederic sold 35,000 shares of the company’s common stock on Mar 19 ’24 at a price of $42.59 per share for a total of $1.49 million. Following the sale, the insider now owns 4.69 million shares.
JFrog Ltd disclosed in a document filed with the SEC on Mar 08 ’24 that Landman Yoav (CHIEF TECHNOLOGY OFFICER) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $42.47 per share for $1.7 million. Following the transaction, the insider now directly holds 6.77 million shares of the FROG stock.
Still, SEC filings show that on Mar 06 ’24, Notman Tali (CHIEF REVENUE OFFICER) disposed off 7,229 shares at an average price of $42.15 for $0.3 million. The insider now directly holds 528,348 shares of JFrog Ltd (FROG).
