Ben Shlomi, CEO of JFrog Ltd (FROG, Financial), executed a sale of 48,099 shares in the company on December 28, 2023, according to a recent SEC Filing. JFrog Ltd is a technology company that specializes in software development tools, including software update management and distribution automation. The company's platform is designed to streamline the process of software updates for developers, allowing for continuous software releases.
The insider's transaction history over the past year includes the sale of 478,731 shares and no recorded purchases. This latest transaction continues the trend of insider sales at JFrog Ltd, with a total of 81 insider sells and no insider buys reported over the same period.
On the date of the insider's recent sale, shares of JFrog Ltd were trading at $35.02, resulting in a market capitalization of $3.630 billion.
The stock's price-to-GF-Value ratio stands at 1.04, with a GuruFocus Value of $33.72, indicating that JFrog Ltd is currently Fairly Valued. The GF Value is a proprietary valuation metric used by GuruFocus, taking into account historical trading multiples, an adjustment factor based on the company's historical performance, and future business projections provided by Morningstar analysts.
The insider trend image above reflects the recent insider selling activity at JFrog Ltd.
The GF Value image provides a visual representation of JFrog Ltd's current valuation in relation to its intrinsic value estimate according to GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
