Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. JFrog Ltd shares valued at $1,110,716 were purchased by Simon Frederic on Jan 14 ’25. At $31.73 per share, Simon Frederic acquired 35,000 shares.
Also, Landman Yoav sold 15,000 shares, netting a total of over 473,243 in proceeds. Following the sale of shares at $31.55 each, the insider now holds 6,567,242 shares.
Before that, Landman Yoav had added 15,000 shares to its account. In a trade valued at $472,735, the Officer bought JFrog Ltd shares for $31.52 each.
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 surge of approximately 6.99%. Over the course of the year, JFrog Ltd shares have jumped approximately 12.99%. Shares of the company reached a 52-week high of $33.55 on 01/15/25 and a 52-week low of $29.33 on 01/02/25. A 50-day SMA is recorded $30.94, while a 200-day SMA reached $32.72. Nevertheless, trading volume fell to 0.91 million shares from 0.7 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 32.51, which, if violated, would cause prices to drop to 31.79. In the upper region, resistance lies at 33.75. The next price resistance is at 34.27. RSI (Relative Strength Index) is 65.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.22, which suggests the price will increase in the coming days. Percent R is at 6.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
