Tali Notman, Chief Revenue Officer of JFrog Ltd (FROG, Financial), executed a sale of 6,000 shares in the company on January 5, 2024, according to a SEC Filing. JFrog Ltd is a technology company that specializes in software release automation. The company's platform is designed to streamline and improve the process of software updates, allowing for continuous software releases.
Over the past year, the insider has sold a total of 103,412 shares and has not made any purchases of the company's stock.
The insider transaction history for JFrog Ltd indicates a pattern of sales by insiders, with 84 insider sells and no insider buys over the past year.
On the date of the recent sale by the insider, shares of JFrog Ltd were trading at $31.34, resulting in a market capitalization of $3.377 billion.
The stock's price-to-GF-Value ratio stood at 0.92, with a GF Value of $33.94, suggesting that JFrog Ltd was Fairly Valued at the time of the transaction.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
