JFrog (NASDAQ:FROG) Stock Rating Lowered by Wall Street Zen

JFrog (NASDAQ:FROG) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Several other research analysts have also recently commented on the company. Canaccord Genuity Group increased their price target on JFrog from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, September 11th. JPMorgan Chase & Co. increased their price target on JFrog from $48.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and set a $60.00 price target on shares of JFrog in a research report on Monday, September 15th. Robert W. Baird increased their price target on JFrog from $52.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, September 11th. Finally, Barclays raised their price objective on JFrog from $45.00 to $52.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Fifteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $50.25.

JFrog Stock Performance

NASDAQ:FROG opened at $50.09 on Friday. The company has a market cap of $5.85 billion, a PE ratio of -65.05 and a beta of 1.07. JFrog has a 52-week low of $27.00 and a 52-week high of $51.94. The stock has a 50-day simple moving average of $46.16 and a 200 day simple moving average of $40.64.

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

Insider Buying and Selling at JFrog

In related news, CFO Eduard Grabscheid sold 4,908 shares of JFrog stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $47.29, for a total transaction of $232,099.32. Following the completion of the sale, the chief financial officer directly owned 136,165 shares of the company’s stock, valued at approximately $6,439,242.85. This trade represents a 3.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Yvonne Wassenaar sold 1,368 shares of JFrog stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $49.00, for a total value of $67,032.00. Following the sale, the director directly owned 32,051 shares of the company’s stock, valued at approximately $1,570,499. The trade was a 4.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 528,748 shares of company stock worth $24,783,511 in the last 90 days. Company insiders own 14.10% of the company’s stock.

Hedge Funds Weigh In On JFrog

Several hedge funds and other institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. increased its stake in shares of JFrog by 31.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,557 shares of the company’s stock valued at $288,000 after purchasing an additional 1,550 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in JFrog by 1.4% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 49,219 shares of the company’s stock worth $2,160,000 after acquiring an additional 668 shares during the last quarter. Squarepoint Ops LLC grew its position in JFrog by 208.8% during the 2nd quarter. Squarepoint Ops LLC now owns 27,697 shares of the company’s stock worth $1,215,000 after acquiring an additional 18,727 shares during the last quarter. Headlands Technologies LLC bought a new stake in JFrog during the 2nd quarter worth $181,000. Finally, Tower Research Capital LLC TRC grew 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 worth $131,000 after acquiring an additional 2,946 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

About JFrog

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.