JFrog Ltd. (NASDAQ:FROG – Get Free Report)’s share price traded up 6.5% on Wednesday. The stock traded as high as $95.68 and last traded at $96.2750. Approximately 597,436 shares changed hands during trading, a decline of 79% from the average daily volume of 2,802,124 shares. The stock had previously closed at $90.37.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Truist Financial increased their target price on JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Guggenheim lifted their price target on JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 7th. BTIG Research restated a “buy” rating and set a $115.00 price objective on shares of JFrog in a research report on Friday, September 4th. Benchmark increased their price target on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $109.48.
Read Our Latest Report on FROG
JFrog Price Performance
JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. During the same quarter in the prior year, the business earned $0.18 earnings per share. The firm’s revenue for the quarter was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, analysts forecast that JFrog Ltd. will post -0.11 EPS for the current year.
Insider Activity at JFrog
In related news, CRO Tali Notman sold 19,157 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total value of $1,733,900.07. Following the completion of the sale, the executive owned 687,472 shares in the company, valued at $62,223,090.72. The trade was a 2.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Yoav Landman sold 249,300 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $100.72, for a total transaction of $25,109,496.00. Following the completion of the transaction, the chief technology officer owned 5,199,038 shares in the company, valued at $523,647,107.36. This represents a 4.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 796,153 shares of company stock valued at $74,553,216 over the last ninety days. 11.80% of the stock is currently owned by insiders.
Institutional Investors Weigh In On JFrog
Hedge funds have recently modified their holdings of the business. QRG Capital Management Inc. bought a new position in JFrog in the 2nd quarter worth $222,000. Envestnet Portfolio Solutions Inc. bought a new stake in JFrog in the second quarter worth $248,000. SkyView Investment Advisors LLC bought a new stake in shares of JFrog in the 2nd quarter worth about $500,000. IPG Investment Advisors LLC purchased a new position in shares of JFrog in the 2nd quarter worth approximately $228,000. Finally, WINTON GROUP Ltd lifted its holdings in shares of JFrog by 37.9% in the 2nd quarter. WINTON GROUP Ltd now owns 11,800 shares of the company’s stock worth $1,072,000 after acquiring an additional 3,244 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.
JFrog Company Profile
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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