Fox Run Management L.L.C. Has $1.56 Million Position in JFrog Ltd. $FROG

Fox Run Management L.L.C. boosted its holdings in JFrog Ltd. (NASDAQ:FROG) by 166.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,600 shares of the company’s stock after acquiring an additional 22,236 shares during the period. Fox Run Management L.L.C.’s holdings in JFrog were worth $1,562,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC boosted its position in JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after purchasing an additional 597 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of JFrog by 32.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after buying an additional 329 shares during the last quarter. Bayforest Capital Ltd bought a new stake in shares of JFrog during the 1st quarter worth about $104,000. Smartleaf Asset Management LLC boosted its holdings in shares of JFrog by 26.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock worth $123,000 after buying an additional 800 shares during the period. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in JFrog in the 1st quarter valued at about $128,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insider Activity

In other JFrog news, CRO Tali Notman sold 14,451 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $47.78, for a total transaction of $690,468.78. Following the completion of the transaction, the executive directly owned 671,909 shares in the company, valued at $32,103,812.02. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ben Haim Shlomi sold 38,159 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $50.32, for a total value of $1,920,160.88. Following the completion of the sale, the chief executive officer directly owned 4,899,512 shares in the company, valued at approximately $246,543,443.84. This represents a 0.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 431,492 shares of company stock valued at $20,979,800. 14.10% of the stock is owned by insiders.

JFrog Stock Performance

Shares of NASDAQ FROG opened at $60.00 on Friday. The stock has a market capitalization of $7.00 billion, a P/E ratio of -85.71 and a beta of 1.02. The stock’s fifty day moving average is $48.70 and its 200 day moving average is $44.03. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $60.68.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.82%. The firm had revenue of $136.91 million for the quarter, compared to the consensus estimate of $128.28 million. During the same period in the prior year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. Equities research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FROG shares. Needham & Company LLC raised their price objective on shares of JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday. Robert W. Baird lifted their price target on JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Morgan Stanley boosted their price target on JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday. DA Davidson increased their price objective on JFrog from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. boosted their target price on shares of JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $62.69.

JFrog Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.