The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. JFrog Ltd shares valued at $579,436 were sold by Sela Yossi on Feb 19 ’25. At $40.52 per share, Sela Yossi sold 14,300 shares. The insider’s holdings dropped to 306,277 shares worth approximately $11.32 million following the completion of this transaction.
Also, Grabscheid Eduard sold 11,942 shares, netting a total of over 513,387 in proceeds. Following the sale of shares at $42.99 each, the insider now holds 172,406 shares.
Before that, Landman Yoav had sold 50,000 shares from its account. In a trade valued at $1,994,934, the CHIEF TECHNOLOGY OFFICER traded JFrog Ltd shares for $39.90 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $239.45 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 -5.69%. Over the course of the year, JFrog Ltd shares have jumped approximately 25.71%. Shares of the company reached a 52-week high of $43.00 on 02/14/25 and a 52-week low of $29.33 on 01/02/25. A 50-day SMA is recorded $34.04, while a 200-day SMA reached $32.13.
Support And Resistance Levels for JFrog Ltd (FROG)
According to the 24-hour chart, there is a support level at 36.52, which, if violated, would cause prices to drop to 36.07. In the upper region, resistance lies at 37.82. The next price resistance is at 38.68. RSI (Relative Strength Index) is 52.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.90, which suggests the price will decrease in the coming days. Percent R is at 78.31%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
