JFrog Ltd (NASDAQ: FROG) is -18.61% 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 $28.12 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $28.17, the stock is 2.43% and -10.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 0.18% at the moment leaves the stock -20.45% off its SMA200. FROG registered 4.41% gain for a year compared to 6-month loss of -34.43%.
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The stock witnessed a 2.62% gain in the last 1 month and extending the period to 3 months gives it a -13.16%, and is 1.55% 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 3.31% over the week and 4.30% over the month.
JFrog Ltd (FROG) has around 1400 employees, a market worth around $3.11B and $389.25M in sales. Fwd P/E is 43.41. Profit margin for the company is -12.35%. Distance from 52-week low is 31.76% and -42.29% 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
369.0 institutions hold shares in JFrog Ltd (FROG), with institutional investors hold 87.36% of the company’s shares. The shares outstanding are 106.11M, and float is at 91.86M with Short Float at 3.06%. Institutions hold 74.17% 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 Landman Yoav, the company’s CHIEF TECHNOLOGY OFFICER. SEC filings show that Landman Yoav sold 15,000 shares of the company’s common stock on Sep 13 ’24 at a price of $28.00 per share for a total of $0.42 million. Following the sale, the insider now owns 6.63 million shares.
Still, SEC filings show that on Sep 09 ’24, Notman Tali (CHIEF REVENUE OFFICER) disposed off 10,699 shares at an average price of $28.29 for $0.3 million. The insider now directly holds 536,714 shares of JFrog Ltd (FROG).
