JFrog Ltd (NASDAQ: FROG) is -17.94% lower on its value in year-to-date trading and has touched a low of $21.38 and a high of $48.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FROG stock was last observed hovering at around $28.61 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $28.40, the stock is 4.60% and -13.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.21 million and changing -0.73% at the moment leaves the stock -19.70% off its SMA200. FROG registered -2.37% loss for a year compared to 6-month loss of -33.46%.
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The stock witnessed a -16.84% gain in the last 1 month and extending the period to 3 months gives it a -11.99%, and is 3.88% up 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 6.57% over the week and 4.76% over the month.
JFrog Ltd (FROG) has around 1400 employees, a market worth around $3.14B and $389.25M in sales. Fwd P/E is 43.68. Profit margin for the company is -12.35%. Distance from 52-week low is 32.83% and -41.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.58%).
The EPS is expected to grow by 8.86% this year
367.0 institutions hold shares in JFrog Ltd (FROG), with institutional investors hold 86.38% of the company’s shares. The shares outstanding are 106.11M, and float is at 91.46M with Short Float at 3.45%. Institutions hold 73.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.98 million shares valued at $299.75 million. The investor’s holdings represent 7.4586 of the FROG Shares outstanding. As of 2024-06-30, the second largest holder is OPTIMUS PRIME FUND MANAGEMENT CO., LTD. with 3.89 million shares valued at $145.98 million to account for 3.6324 of the shares outstanding. The other top investors are BANK OF NEW YORK MELLON CORP which holds 3.08 million shares representing 2.8812 and valued at over $115.79 million, while VOYA INVESTMENT MANAGEMENT LLC holds 2.5976 of the shares totaling 2.78 million with a market value of $104.39 million.
JFrog Ltd (FROG) Insider Activity
The most recent transaction is an insider sale by Grabscheid Eduard, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Grabscheid Eduard sold 841 shares of the company’s common stock on Sep 03 ’24 at a price of $27.06 per share for a total of $22757.0. Following the sale, the insider now owns 98441.0 shares.
JFrog Ltd disclosed in a document filed with the SEC on Sep 03 ’24 that Shlomi Ben Haim (CHIEF EXECUTIVE OFFICER) sold a total of 20,606 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $27.06 per share for $0.56 million. Following the transaction, the insider now directly holds 5.03 million shares of the FROG stock.
Still, SEC filings show that on Sep 03 ’24, Notman Tali (CHIEF REVENUE OFFICER) disposed off 11,621 shares at an average price of $27.06 for $0.31 million. The insider now directly holds 547,413 shares of JFrog Ltd (FROG).
