Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. JFrog Ltd shares valued at $471,127 were purchased by Landman Yoav on Nov 14 ’24. At $31.41 per share, Landman Yoav acquired 15,000 shares.
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Also, Shlomi Ben Haim sold 17,775 shares, netting a total of over 567,556 in proceeds. Following the sale of shares at $31.93 each, the insider now holds 4,957,454 shares.
Before that, Landman Yoav had sold 15,000 shares from its account. In a trade valued at $462,757, the CHIEF TECHNOLOGY OFFICER traded JFrog Ltd shares for $30.85 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $208.22 million.
As published in a research note from Needham on September 05, 2024, JFrog Ltd [FROG] has been retained to a Buy and the price target has been revised to $33. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in late August. As of August 08, 2024, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for FROG. Earlier on July 24, 2024, TD Cowen initiated its rating. Their recommendation was “a Buy” for FROG stock.
Analyzing FROG Stock Performance
During the last five days, there has been a drop of approximately -4.17%. Over the course of the year, JFrog Ltd shares have dropped approximately -9.01%. Shares of the company reached a 52-week high of $48.81 on 02/15/24 and a 52-week low of $22.91 on 08/08/24. A 50-day SMA is recorded $29.40, while a 200-day SMA reached $34.88. Nevertheless, trading volume fell to 1.02 million shares from 0.8 million shares the previous day.
Support And Resistance Levels for JFrog Ltd (FROG)
According to the 24-hour chart, there is a support level at 31.10, which, if violated, would cause prices to drop to 30.72. In the upper region, resistance lies at 31.80. The next price resistance is at 32.11. RSI (Relative Strength Index) is 57.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 39.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
