JFrog CEO Shlomi Ben Haim sells $533,961 in stock

Shlomi Ben Haim, the CEO of JFrog Ltd (NASDAQ:FROG), recently sold 17,775 shares of the company’s ordinary stock, totaling approximately $533,961. The transactions were executed on April 9, 2025, at an average price of $30.04 per share, with individual trades ranging from $30 to $30.13. The software company, currently valued at $3.5 billion, has maintained impressive gross profit margins of 77% and shows strong financial health according to InvestingPro analysis. This sale was conducted under a Rule 10b5-1 trading plan, which Ben Haim adopted on February 28, 2024. Following this transaction, Ben Haim retains direct ownership of 4,929,755 shares in the company. Notably, 13 analysts have recently revised their earnings expectations upward, with the company expected to achieve profitability this year. For deeper insights into JFrog’s financial health and growth prospects, investors can access comprehensive analysis through InvestingPro, which offers additional exclusive tips and detailed metrics.

In other recent news, JFrog Ltd. has announced the general availability of its integration with NVIDIA (NASDAQ:NVDA)’s NIM microservices, designed to enhance the deployment of AI and machine learning models with a focus on security and efficiency. This collaboration aims to address challenges in deploying AI-powered applications, offering a unified solution with enterprise-grade security and governance controls. In addition, DA Davidson raised its price target for JFrog shares to $50, citing impressive performance at the end of 2024, with key growth drivers including cloud migrations and security adoption. Similarly, Needham lifted its price target to $46, acknowledging JFrog’s strong quarterly financial results, which exceeded both the company’s guidance and analyst expectations. Cantor Fitzgerald also increased its price target to $46, following JFrog’s significant fourth-quarter results that surpassed the FactSet consensus on revenue, earnings per share, and free cash flow. The company’s projections for fiscal year 2025 anticipate a 17% growth in both revenue and operating income, positioned above consensus expectations. In corporate governance news, JFrog board member Jessica Neal has resigned, effective May 30, 2025, with Elisa Steele stepping in as Chair of the Compensation Committee. Neal’s departure is to avoid a potential conflict of interest, and the board will reduce its size from ten to nine members.

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