Piper Sandler analyst Rob Owens assigned a Hold rating to JFrog (FROG – Research Report) today and set a price target of $33.00. The company’s shares closed yesterday at $32.05.
Owens covers the Technology sector, focusing on stocks such as Fortinet, Okta, and Zscaler. According to TipRanks, Owens has an average return of 22.6% and a 64.07% success rate on recommended stocks.
JFrog has an analyst consensus of Strong Buy, with a price target consensus of $35.30.
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FROG market cap is currently $3.52B and has a P/E ratio of -44.59.
Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FROG in relation to earlier this year. Last month, Yakov Shulman, the CFO of FROG bought 11,000.00 shares for a total of $26,180.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
JFrog (FROG) Company Description:
JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform to achieve Continuous Software Release Management (CSRM). The CSRM platform enables organizations to continuously deliver software updates across any system.
Read More on FROG:
- JFrog price target raised to $41 from $35 at Oppenheimer
- JFrog CEO Shlomi sells $1.68M worth of shares
- ‘In GenAI We Trust’: Morgan Stanley Says These 2 Software Stocks Have More Room to Run
- JFrog CEO Shlomi sells 67,744 ordinary shares
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