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68,600 Shares in JFrog Ltd. $FROG Bought by Public Sector Pension Investment Board
The Public Sector Pension Investment Board recently acquired 68,600 shares of JFrog Ltd. (NASDAQ:FROG), establishing a new position valued at approximately $3.25 million. This purchase makes them owners of about 0.06% of the company, even as company insiders have been net sellers, offloading shares worth nearly $25 million in the last three months. JFrog recently exceeded quarterly earnings and revenue estimates, and analysts generally maintain a “Moderate Buy” rating with an average target price of $65.94.