Tali Notman, Chief Revenue Officer of JFrog Ltd (FROG, Financial), sold 34,748 shares of the company on June 13, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 559,034 shares of JFrog Ltd.
JFrog Ltd specializes in providing software release automation solutions, enabling continuous software updates across any system. The company's platform offers tools for software development and distribution, which are integral to modern cloud-based applications.
Over the past year, Tali Notman has engaged in multiple transactions involving the company's stock, selling a total of 134,860 shares. No purchases were recorded in the same period. The broader insider transaction history for JFrog Ltd reveals a trend of more sales than purchases, with 82 insider sells and no insider buys over the past year.
On the date of the latest transaction, shares of JFrog Ltd were priced at $33.96. This pricing gives the company a market cap of approximately $3.65 billion.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, JFrog Ltd has a GF Value of $36.11. With the current share price, the price-to-GF-Value ratio stands at 0.94, indicating that the stock is Fairly Valued.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
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.
