Scotiabank analyst Nick Altmann maintained a Hold rating on JFrog (FROG – Research Report) today and set a price target of $45.00. The company’s shares closed yesterday at $37.09.
Altmann covers the Technology sector, focusing on stocks such as Atlassian, HubSpot, and nCino. According to TipRanks, Altmann has an average return of 17.2% and a 66.67% success rate on recommended stocks.
JFrog has an analyst consensus of Strong Buy, with a price target consensus of $43.22.
See Insiders’ Hot Stocks on TipRanks >>
FROG market cap is currently $3.89B and has a P/E ratio of -62.33.
Based on the recent corporate insider activity of 125 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. Most recently, in December 2023, 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 CEO sells $4.33M in common stock
- JFrog price target raised to $45 from $40 at DA Davidson
- DA Davidson software/cloud analysts hold analyst/industry conference call
- JFrog price target raised to $41 from $33 at Truist
- The security, infrastructure software stocks to own in 2024, according to Piper
