In a report released today, Gil Luria from D.A. Davidson maintained a Buy rating on JFrog (FROG – Research Report). The company’s shares closed yesterday at $39.17.
Luria covers the Technology sector, focusing on stocks such as Adobe, Manhattan Associates, and Microsoft. According to TipRanks, Luria has an average return of 14.1% and a 54.41% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for JFrog with a $48.90 average price target.
Based on JFrog’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $97.26 million and a GAAP net loss of $11.23 million. In comparison, last year the company earned a revenue of $76.55 million and had a GAAP net loss of $23.16 million
Based on the recent corporate insider activity of 124 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.
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.
