NewEdge Wealth LLC acquired a new stake in shares of JFrog Ltd. (NASDAQ:FROG – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 32,764 shares of the company’s stock, valued at approximately $2,046,000.
Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. purchased a new stake in JFrog in the fourth quarter worth approximately $30,000. Farther Finance Advisors LLC boosted its holdings in JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares during the last quarter. First Horizon Corp purchased a new stake in JFrog in the fourth quarter worth approximately $47,000. Aster Capital Management DIFC Ltd purchased a new stake in JFrog in the third quarter worth approximately $56,000. Finally, Wilmington Savings Fund Society FSB boosted its holdings in JFrog by 1,086.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after purchasing an additional 1,152 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on FROG shares. William Blair reissued an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. BTIG Research raised their target price on JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. DA Davidson set a $90.00 price objective on shares of JFrog in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Finally, Truist Financial boosted their price objective on shares of JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $74.74.
Insiders Place Their Bets
In other JFrog news, CFO Eduard Grabscheid sold 6,063 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total value of $244,460.16. Following the sale, the chief financial officer owned 233,839 shares in the company, valued at $9,428,388.48. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ben Haim Shlomi sold 25,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.27, for a total transaction of $1,306,750.00. Following the completion of the sale, the chief executive officer owned 4,715,249 shares in the company, valued at approximately $246,466,065.23. The trade was a 0.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 320,003 shares of company stock worth $14,194,781. 11.80% of the stock is owned by corporate insiders.
JFrog Trading Down 2.1%
NASDAQ FROG opened at $67.55 on Wednesday. The stock’s 50 day moving average is $46.57 and its 200 day moving average is $53.24. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $72.06. The stock has a market cap of $8.18 billion, a PE ratio of -127.45 and a beta of 1.02.
JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The firm’s revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, analysts forecast that JFrog Ltd. will post -0.21 EPS for the current fiscal year.
About JFrog
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.
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