Yahoo Finance Director Frederic Simon Sells 35,000 Shares of JFrog Ltd (FROG)
Director Frederic Simon has sold 35,000 shares of JFrog Ltd (NASDAQ:FROG) on April 23, 2024, according to a recent SEC filing. The transaction was executed at an average price of $38.97 per share, resulting in a total value of $1,363,950.JFrog Ltd is a company that specializes in software development tools, including software update management and distribution. It provides an end-to-end, hybrid, universal DevOps Platform to achieve Continuous Software Release Management (CSRM) for companies.Over the past year, the insider has sold a total of 700,000 shares of JFrog Ltd and has not made any purchases of the stock. The company's insider transaction history indicates a total of 87 insider sells and no insider buys over the same timeframe.
On the day of the insider's recent sale, shares of JFrog Ltd were trading at $38.97, giving the company a market cap of $4.315 billion. The stock's price-to-GF-Value ratio stands at 1.09, suggesting that JFrog Ltd is modestly overvalued based on its GF Value.
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 from 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.
This article first appeared on GuruFocus.
