SkyView Investment Advisors LLC bought a new position in shares of JFrog Ltd. (NASDAQ:FROG – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 5,500 shares of the company’s stock, valued at approximately $500,000.
Other institutional investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of JFrog by 9,666.3% in the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock valued at $985,121,000 after acquiring an additional 10,728,811 shares during the last quarter. Wasatch Advisors LP grew its position in JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after acquiring an additional 2,710,167 shares during the last quarter. First Trust Advisors LP increased its holdings in JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares in the last quarter. Fiera Capital Corp raised its position in JFrog by 37.5% in the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock valued at $140,750,000 after purchasing an additional 614,383 shares during the last quarter. Finally, Bank of America Corp DE raised its position in JFrog by 48.2% in the 1st quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock valued at $118,165,000 after purchasing an additional 819,326 shares during the last quarter. 85.02% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. DA Davidson restated a “buy” rating and set a $115.00 target price on shares of JFrog in a report on Friday, September 4th. KeyCorp lifted their price target on JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a report on Friday, August 7th. BTIG Research reiterated a “buy” rating and set a $115.00 price target on shares of JFrog in a research report on Friday, September 4th. Piper Sandler increased their price objective on shares of JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research report on Thursday, September 3rd. Twenty-one investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, JFrog has an average rating of “Moderate Buy” and a consensus target price of $109.48.
JFrog Stock Up 6.7%
FROG stock opened at $93.00 on Tuesday. The company has a market cap of $11.47 billion, a P/E ratio of -251.34 and a beta of 1.28. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $105.76. The business has a fifty day moving average of $88.72 and a 200-day moving average of $70.48.
JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million for the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, equities research analysts anticipate that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.
Insider Buying and Selling at JFrog
In other JFrog news, CRO Tali Notman sold 18,794 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total value of $1,634,702.12. Following the transaction, the executive directly owned 668,678 shares of the company’s stock, valued at approximately $58,161,612.44. This trade represents a 2.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eduard Grabscheid sold 8,436 shares of JFrog stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $91.60, for a total transaction of $772,737.60. Following the sale, the chief financial officer directly owned 192,060 shares of the company’s stock, valued at $17,592,696. This represents a 4.21% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,010,902 shares of company stock valued at $93,883,131 over the last 90 days. Company insiders own 11.80% of the company’s stock.
JFrog Profile
JFrog Ltd. (NASDAQ: FROG) develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.
The company’s product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.
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