Next Century Growth Investors LLC Buys Shares of 102,462 JFrog Ltd. $FROG

Next Century Growth Investors LLC acquired a new position in JFrog Ltd. (NASDAQ:FROG) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 102,462 shares of the company’s stock, valued at approximately $3,279,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of FROG. Marshall Wace LLP increased its holdings in shares of JFrog by 36.1% during the fourth quarter. Marshall Wace LLP now owns 11,838 shares of the company’s stock worth $348,000 after buying an additional 3,138 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in JFrog by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,785,401 shares of the company’s stock valued at $52,509,000 after purchasing an additional 53,622 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in JFrog by 33,106.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,313 shares of the company’s stock valued at $156,000 after purchasing an additional 5,297 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of JFrog in the fourth quarter valued at approximately $1,437,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of JFrog in the fourth quarter valued at approximately $223,000. Institutional investors own 85.02% of the company’s stock.

JFrog Trading Up 6.1%

Shares of FROG opened at $48.99 on Thursday. The company has a market cap of $5.72 billion, a price-to-earnings ratio of -63.62 and a beta of 1.06. JFrog Ltd. has a 1-year low of $26.10 and a 1-year high of $49.07. The company’s fifty day simple moving average is $42.79 and its 200 day simple moving average is $38.72.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. The business had revenue of $127.20 million for the quarter, compared to the consensus estimate of $122.80 million. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The firm’s revenue for the quarter was up 23.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

Insider Activity at JFrog

In other news, CRO Tali Notman sold 23,157 shares of JFrog stock in a transaction on Friday, June 6th. The stock was sold at an average price of $43.16, for a total transaction of $999,456.12. Following the completion of the sale, the executive owned 686,360 shares of the company’s stock, valued at approximately $29,623,297.60. This trade represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Yoav Landman sold 50,000 shares of JFrog stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $43.26, for a total value of $2,163,000.00. Following the sale, the chief technology officer directly owned 6,371,086 shares of the company’s stock, valued at $275,613,180.36. This represents a 0.78% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 408,338 shares of company stock valued at $17,865,150. 14.10% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently commented on FROG shares. Needham & Company LLC reissued a “buy” rating and issued a $55.00 price objective (up previously from $46.00) on shares of JFrog in a research report on Friday, August 8th. DA Davidson boosted their price target on shares of JFrog from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. Cowen reissued a “buy” rating on shares of JFrog in a research report on Friday, August 8th. Morgan Stanley boosted their price target on shares of JFrog from $39.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, May 9th. Finally, Barclays boosted their price target on shares of JFrog from $45.00 to $52.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $46.87.

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.