Short Interest in JFrog Ltd. (NASDAQ:FROG) Expands By 67.9%

JFrog Ltd. (NASDAQ:FROG) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,021,709 shares, an increase of 67.9% from the November 30th total of 1,799,793 shares. Based on an average daily trading volume, of 2,323,156 shares, the short-interest ratio is currently 1.3 days. Approximately 3.0% of the shares of the stock are short sold. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,323,156 shares, the short-interest ratio is currently 1.3 days.

JFrog Trading Up 0.2%

Shares of NASDAQ:FROG traded up $0.12 on Friday, reaching $66.93. 491,416 shares of the company traded hands, compared to its average volume of 2,013,363. The stock has a market capitalization of $7.92 billion, a P/E ratio of -95.61 and a beta of 1.10. The business’s 50-day simple moving average is $59.14 and its 200 day simple moving average is $49.98. JFrog has a 52 week low of $27.00 and a 52 week high of $70.43.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.JFrog’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period last year, the company earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Sell-side analysts expect that JFrog will post -0.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on FROG shares. Piper Sandler upped their price objective on shares of JFrog from $48.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. DA Davidson raised shares of JFrog to a “strong-buy” rating in a report on Friday, November 7th. JPMorgan Chase & Co. increased their target price on JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Finally, Cowen restated a “buy” rating on shares of JFrog in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, JFrog presently has an average rating of “Moderate Buy” and an average target price of $64.35.

Insider Transactions at JFrog

In related news, CEO Ben Haim Shlomi sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $46.01, for a total transaction of $690,150.00. Following the sale, the chief executive officer owned 4,869,152 shares of the company’s stock, valued at approximately $224,029,683.52. This represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CTO Yoav Landman sold 70,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $69.22, for a total transaction of $4,845,400.00. Following the completion of the transaction, the chief technology officer directly owned 5,958,641 shares in the company, valued at approximately $412,457,130.02. The trade was a 1.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 398,601 shares of company stock valued at $23,778,920. Company insiders own 14.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd bought a new stake in shares of JFrog in the 3rd quarter worth approximately $56,000. Wilmington Savings Fund Society FSB lifted its stake 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 acquiring an additional 1,152 shares during the period. RiverPark Advisors LLC purchased a new stake in JFrog in the third quarter worth $103,000. Bayforest Capital Ltd bought a new stake in JFrog in the first quarter valued at $104,000. Finally, Tower Research Capital LLC TRC increased its position in JFrog by 7,185.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after purchasing an additional 2,946 shares during the period. Institutional investors own 85.02% of the company’s stock.

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.