Ingalls & Snyder LLC cut its holdings in JFrog Ltd. (NASDAQ:FROG – Free Report) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,086 shares of the company’s stock after selling 724 shares during the period. Ingalls & Snyder LLC owned approximately 0.06% of JFrog worth $1,658,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. North Peak Capital Management LLC bought a new stake in shares of JFrog in the 3rd quarter valued at about $73,417,000. TimesSquare Capital Management LLC lifted its position in JFrog by 114.1% in the third quarter. TimesSquare Capital Management LLC now owns 3,034,900 shares of the company’s stock valued at $88,133,000 after purchasing an additional 1,617,551 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of JFrog during the third quarter valued at approximately $32,401,000. Meitav Investment House Ltd. grew its holdings in shares of JFrog by 4,244.7% in the second quarter. Meitav Investment House Ltd. now owns 876,628 shares of the company’s stock worth $32,903,000 after purchasing an additional 856,451 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of JFrog by 172.5% in the second quarter. American Century Companies Inc. now owns 1,330,034 shares of the company’s stock worth $49,943,000 after buying an additional 841,956 shares during the period. 85.02% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CTO Yoav Landman sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $28.00, for a total value of $420,000.00. Following the completion of the transaction, the chief technology officer now directly owns 6,627,242 shares in the company, valued at $185,562,776. The trade was a 0.23 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frederic Simon sold 35,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $30.86, for a total value of $1,080,100.00. Following the sale, the director now owns 4,514,432 shares in the company, valued at approximately $139,315,371.52. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 146,085 shares of company stock valued at $4,381,669. 15.70% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on FROG
JFrog Stock Down 0.1 %
Shares of FROG opened at $30.77 on Wednesday. The stock has a market cap of $3.13 billion, a P/E ratio of -58.06 and a beta of 0.94. The business’s 50 day moving average price is $30.17 and its 200-day moving average price is $31.47. JFrog Ltd. has a 52 week low of $22.91 and a 52 week high of $48.81.
About JFrog
JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.
Recommended Stories
- Five stocks we like better than JFrog
- 5 discounted opportunities for dividend growth investors
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- 3 Monster Growth Stocks to Buy Now
- Netflix Is On Track To Hit $1,000 By Christmas
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Receive News & Ratings for JFrog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFrog and related companies with MarketBeat.com's FREE daily email newsletter.