JFrog Ltd. (NASDAQ:FROG) Short Interest Update

JFrog Ltd. (NASDAQ:FROG) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,016,270 shares, a growth of 32.9% from the December 15th total of 3,021,709 shares. Based on an average daily volume of 1,606,685 shares, the days-to-cover ratio is currently 2.5 days. Approximately 4.0% of the company’s stock are short sold. Approximately 4.0% of the company’s stock are short sold. Based on an average daily volume of 1,606,685 shares, the days-to-cover ratio is currently 2.5 days.

Insider Buying and Selling

In other news, Director Frederic Simon sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the completion of the transaction, the director directly owned 3,660,786 shares of the company’s stock, valued at $217,853,374.86. This trade represents a 2.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Yoav Landman sold 70,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $69.22, for a total transaction of $4,845,400.00. Following the completion of the sale, the chief technology officer directly owned 5,958,641 shares in the company, valued at approximately $412,457,130.02. This represents a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 454,186 shares of company stock valued at $27,714,233. Corporate insiders own 14.10% of the company’s stock.

Institutional Investors Weigh In On JFrog

Large investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its holdings in JFrog by 3,033.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after purchasing an additional 281,844 shares during the period. Sound View Wealth Advisors Group LLC purchased a new stake in shares of JFrog in the second quarter worth $233,000. Lisanti Capital Growth LLC raised its position in shares of JFrog by 10.2% in the second quarter. Lisanti Capital Growth LLC now owns 110,195 shares of the company’s stock worth $4,835,000 after buying an additional 10,230 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in JFrog by 5.4% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 976,812 shares of the company’s stock valued at $42,863,000 after buying an additional 50,000 shares during the period. Finally, JPMorgan Chase & Co. grew its position in JFrog by 3.0% during the second quarter. JPMorgan Chase & Co. now owns 1,903,396 shares of the company’s stock worth $83,521,000 after buying an additional 56,213 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

JFrog Trading Down 1.9%

NASDAQ FROG traded down $1.12 during trading on Friday, reaching $56.89. The company’s stock had a trading volume of 1,545,191 shares, compared to its average volume of 1,538,970. The firm has a 50 day moving average price of $62.55 and a 200 day moving average price of $51.81. JFrog has a 12 month low of $27.00 and a 12 month high of $70.43. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of -81.27 and a beta of 1.13.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The company had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. On average, equities analysts forecast that JFrog will post -0.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on FROG shares. KeyCorp lifted their target price on JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday, December 16th. UBS Group reissued a “neutral” rating on shares of JFrog in a report on Wednesday. Truist Financial restated a “buy” rating and set a $70.00 target price (up from $55.00) on shares of JFrog in a report on Friday, November 7th. Piper Sandler increased their price target on shares of JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Finally, Cowen restated a “buy” rating on shares of JFrog in a research note on Friday, October 17th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.71.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.