Park Avenue Securities LLC Purchases 405 Shares of JFrog Ltd. $FROG

Park Avenue Securities LLC increased its position in JFrog Ltd. (NASDAQ:FROG) by 4.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,155 shares of the company’s stock after buying an additional 405 shares during the quarter. Park Avenue Securities LLC’s holdings in JFrog were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of JFrog by 32.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock valued at $43,000 after acquiring an additional 329 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of JFrog by 0.5% during the fourth quarter. California State Teachers Retirement System now owns 80,898 shares of the company’s stock valued at $2,379,000 after acquiring an additional 439 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of JFrog by 10.2% during the first quarter. IFP Advisors Inc now owns 5,923 shares of the company’s stock valued at $190,000 after acquiring an additional 548 shares in the last quarter. Signaturefd LLC grew its stake in JFrog by 90.9% in the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after purchasing an additional 597 shares during the period. Finally, Probity Advisors Inc. grew its stake in JFrog by 10.3% in the first quarter. Probity Advisors Inc. now owns 8,326 shares of the company’s stock worth $266,000 after purchasing an additional 775 shares during the period. Institutional investors own 85.02% of the company’s stock.

Insider Transactions at JFrog

In other news, Director Frederic Simon sold 50,000 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $47.11, for a total value of $2,355,500.00. Following the completion of the transaction, the director directly owned 4,154,903 shares of the company’s stock, valued at approximately $195,737,480.33. The trade was a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Yoav Landman sold 102,419 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $49.73, for a total value of $5,093,296.87. Following the completion of the transaction, the chief technology officer directly owned 6,081,087 shares of the company’s stock, valued at approximately $302,412,456.51. The trade was a 1.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 528,748 shares of company stock valued at $24,783,511. Corporate insiders own 14.10% of the company’s stock.

JFrog Stock Down 1.2%

FROG opened at $49.48 on Tuesday. The business has a fifty day moving average of $46.31 and a 200 day moving average of $40.81. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $51.94. The stock has a market cap of $5.78 billion, a P/E ratio of -64.26 and a beta of 1.06.

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

Analyst Upgrades and Downgrades

FROG has been the topic of a number of recent research reports. Stifel Nicolaus increased their target price on JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a report on Friday. Raymond James Financial increased their target price on JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Robert W. Baird raised their price objective on JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 price objective on shares of JFrog in a research note on Wednesday, September 10th. Fifteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $50.25.

JFrog 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.