Yoav Landman, the Chief Technology Officer of JFrog Ltd (FROG, Financial), sold 15,000 shares of the company on September 13, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 6,627,242 shares of JFrog Ltd.
JFrog Ltd specializes in providing software development tools for developers and DevOps teams. The company's platform enables users to manage and secure software releases.
Over the past year, the insider has sold a total of 475,900 shares and has not made any purchases. The recent sale is part of a broader trend at JFrog Ltd, where there have been 77 insider sells and no insider buys over the past year.
On the day of the sale, shares of JFrog Ltd were trading at $28, giving the company a market cap of approximately $3.105 billion. According to GF Value, the stock is currently modestly undervalued, with a price-to-GF-Value ratio of 0.78, based on a GF Value of $36.02.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on past returns and growth, along with future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation.
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.
