JFrog (NASDAQ:FROG) Stock Price Down 8.1% – Here’s What Happened

Shares of JFrog Ltd. (NASDAQ:FROG – Get Free Report) traded down 8.1% during trading on Friday. The stock traded as low as $88.74 and last traded at $86.8730. Approximately 149,683 shares traded hands during trading, a decline of 95% from the average daily volume of 2,728,472 shares. The stock had previously closed at $94.54.

Wall Street Analysts Forecast Growth

FROG has been the topic of several recent analyst reports. Canaccord Genuity Group set a $105.00 target price on shares of JFrog in a research note on Friday, August 7th. Truist Financial upped their target price on shares of JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Cantor Fitzgerald upped their price target on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. UBS Group raised their price objective on shares of JFrog from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, BTIG Research reissued a “buy” rating and set a $115.00 target price on shares of JFrog in a research note on Friday, September 4th. Twenty-one investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $109.71.

Read Our Latest Stock Analysis on JFrog

JFrog Stock Down 10.3%

The company’s fifty day moving average is $92.96 and its two-hundred day moving average is $78.99. The stock has a market cap of $10.46 billion, a price-to-earnings ratio of -229.77 and a beta of 1.24.

JFrog (NASDAQ:FROG – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts predict that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In related news, CRO Tali Notman sold 18,794 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $86.98, for a total value of $1,634,702.12. Following the completion of the sale, the executive directly owned 668,678 shares of the company’s stock, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry Zwarenstein sold 1,250 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $88.38, for a total value of $110,475.00. Following the completion of the sale, the director directly owned 30,437 shares of the company’s stock, valued at $2,690,022.06. The trade was a 3.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 915,453 shares of company stock worth $86,651,766. 11.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Allworth Financial LP boosted its position in shares of JFrog by 83.1% in the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after buying an additional 294 shares during the period. IFP Advisors Inc grew its stake in shares of JFrog by 4.7% in the second quarter. IFP Advisors Inc now owns 6,872 shares of the company’s stock valued at $625,000 after buying an additional 309 shares in the last quarter. Praxis Investment Management Inc. grew its stake in shares of JFrog by 8.0% in the first quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock valued at $208,000 after buying an additional 330 shares in the last quarter. Millstone Evans Group LLC raised its holdings in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in shares of JFrog during the 1st quarter valued at about $30,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

JFrog Company Profile

(Get Free Report)

JFrog Ltd. develops a software supply chain platform that helps organizations build, manage, secure and distribute software across cloud, on-premises and hybrid environments. Its platform is designed to support DevOps and DevSecOps workflows by connecting software development, security and operations teams throughout the application lifecycle.

The company’s product portfolio includes JFrog Artifactory, a repository for storing and managing software packages and artifacts; JFrog Xray, which provides security and compliance analysis; and tools for software release automation, distribution, artifact curation and runtime protection.

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