Director Yossi Sela Sells Shares of JFrog Ltd (FROG)
JFrog Ltd (NASDAQ:FROG), a company specializing in software development tools, including software update management, has seen a recent insider transaction. According to a SEC Filing, Director Yossi Sela sold 4,797 shares of the company on February 26, 2024.Over the past year, the insider has sold a total of 162,411 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales at JFrog Ltd, with a total of 89 insider sells and no insider buys reported over the same period.
On the day of the sale, shares of JFrog Ltd were trading at $43.82, valuing the company at a market cap of $4.762 billion. The stock's price relative to the GuruFocus Value (GF Value) indicates that JFrog Ltd is currently modestly overvalued. The GF Value, which stands at $34.70, suggests a price-to-GF-Value ratio of 1.26.
The GF Value is determined by considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company's historical returns and growth, as well as future business performance estimates provided by Morningstar analysts.The recent insider selling activity at JFrog Ltd (NASDAQ:FROG) may be of interest to investors monitoring insider trends as an indicator of company 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.
This article first appeared on GuruFocus.
