JFrog Ltd. $FROG Shares Sold by Fiera Capital Corp

Fiera Capital Corp decreased its position in JFrog Ltd. (NASDAQ:FROG) by 1.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,675,568 shares of the company’s stock after selling 19,067 shares during the quarter. Fiera Capital Corp owned about 1.46% of JFrog worth $73,524,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FROG. Raymond James Financial Inc. boosted its position in shares of JFrog by 3.2% during the 1st quarter. Raymond James Financial Inc. now owns 1,072,136 shares of the company’s stock valued at $34,308,000 after purchasing an additional 33,236 shares in the last quarter. Nishkama Capital LLC acquired a new stake in JFrog during the first quarter valued at approximately $6,561,000. T. Rowe Price Investment Management Inc. boosted its holdings in JFrog by 65.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after buying an additional 1,037,482 shares in the last quarter. Malaga Cove Capital LLC acquired a new position in JFrog in the first quarter worth approximately $413,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in JFrog by 14.7% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 605,721 shares of the company’s stock worth $19,383,000 after buying an additional 77,461 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

JFrog Price Performance

Shares of FROG stock opened at $61.67 on Thursday. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $65.50. The stock’s 50-day moving average is $49.60 and its two-hundred day moving average is $44.76. The firm has a market cap of $7.30 billion, a P/E ratio of -88.10 and a beta of 1.02.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million during the quarter, compared to analysts’ expectations of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. As a group, research analysts expect that JFrog Ltd. will post -0.33 EPS for the current year.

Analyst Upgrades and Downgrades

FROG has been the subject of a number of recent research reports. KeyCorp increased their price objective on JFrog from $57.00 to $71.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Barclays upped their target price on JFrog from $57.00 to $67.00 and gave the company an “overweight” rating in a report on Friday, November 7th. DA Davidson upgraded JFrog to a “strong-buy” rating in a report on Friday, November 7th. Needham & Company LLC upped their price objective on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Cantor Fitzgerald raised their target price on shares of JFrog from $60.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $62.69.

Insider Activity

In other JFrog news, Director Frederic Simon sold 100,000 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $58.84, for a total transaction of $5,884,000.00. Following the transaction, the director directly owned 3,984,903 shares of the company’s stock, valued at $234,471,692.52. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ben Haim Shlomi sold 38,159 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was 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 of the company’s stock, valued at $246,543,443.84. This represents a 0.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 546,492 shares of company stock worth $27,553,950. 14.10% of the stock is owned by corporate insiders.

JFrog Company 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.