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SUNNYVALE, CA—On March 5, 2025, JFrog Ltd (NASDAQ:FROG), a $4.15 billion market cap software company with strong financial health according to InvestingPro metrics, reported that CEO Shlomi Ben Haim sold 41,829 ordinary shares, according to a recent SEC filing. The shares were sold at a price of $36.55 each, amounting to a total transaction value of approximately $1.53 million. This transaction was conducted to cover statutory tax withholding obligations related to the vesting of Restricted Stock Units (RSUs), as noted in the filing. Following this sale, Ben Haim retains ownership of 4,982,254 shares in the company. The stock has shown impressive momentum with a 34.5% gain over the past six months, while maintaining robust gross margins of 77% and healthy revenue growth of 22.5%. For comprehensive insider trading analysis and 10 additional key insights, visit InvestingPro.
In other recent news, JFrog Ltd. reported impressive fourth-quarter earnings, with adjusted earnings per share reaching $0.19, surpassing the consensus estimate of $0.14. The company also reported revenue of $116.1 million, exceeding Wall Street’s forecast of $114.25 million and marking a 19% year-over-year increase. JFrog’s cloud revenue surged 37% year-over-year to $49.4 million, now comprising 43% of total revenue. The company provided an optimistic outlook for 2025, forecasting full-year revenue between $499-503 million, slightly above analyst expectations. In addition, JFrog announced a collaboration with NVIDIA (NASDAQ:NVDA) to enhance AI model deployment, focusing on security and efficiency. Analyst firms DA Davidson and Needham both raised their price targets for JFrog to $50 and $46, respectively, citing the company’s strong performance and growth potential. Cantor Fitzgerald also increased its price target to $46, maintaining an Overweight rating, following JFrog’s robust fourth-quarter results. These developments highlight JFrog’s growing momentum in the software development and security markets.
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