Public Employees Retirement System of Ohio Increases Position in JFrog Ltd. $FROG

Public Employees Retirement System of Ohio lifted its holdings in JFrog Ltd. (NASDAQ:FROG) by 13.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,582 shares of the company’s stock after purchasing an additional 11,448 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.08% of JFrog worth $4,106,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position 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 worth $43,000 after acquiring an additional 329 shares during the period. Park Avenue Securities LLC increased its position in shares of JFrog by 4.6% during the second quarter. Park Avenue Securities LLC now owns 9,155 shares of the company’s stock worth $402,000 after acquiring an additional 405 shares during the period. California State Teachers Retirement System increased its position 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 worth $2,379,000 after acquiring an additional 439 shares during the period. IFP Advisors Inc increased its position in shares of JFrog by 10.2% during the first quarter. IFP Advisors Inc now owns 5,923 shares of the company’s stock worth $190,000 after acquiring an additional 548 shares during the period. Finally, Signaturefd LLC increased its position in shares of JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after acquiring an additional 597 shares during the period. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insider Activity at JFrog

In related news, Director Frederic Simon sold 50,000 shares of JFrog stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $47.11, for a total transaction of $2,355,500.00. Following the transaction, the director owned 4,154,903 shares in the company, 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 can be accessed through this link. Also, CEO Ben Haim Shlomi sold 38,159 shares of JFrog stock in a transaction on Monday, September 8th. The stock was sold at an average price of $50.32, for a total transaction of $1,920,160.88. Following the sale, the chief executive officer directly owned 4,899,512 shares in the company, valued at $246,543,443.84. This trade represents a 0.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 528,748 shares of company stock worth $24,783,511. 14.10% of the stock is currently owned by corporate insiders.

JFrog Stock Performance

Shares of FROG opened at $47.33 on Wednesday. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $51.94. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of -61.47 and a beta of 1.07. The firm has a 50-day simple moving average of $46.41 and a 200-day simple moving average of $40.85.

JFrog (NASDAQ:FROG) last issued its earnings results 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. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The company had revenue of $127.20 million during the quarter, compared to analysts’ expectations of $122.80 million. During the same period last year, the company posted $0.15 earnings per share. The firm’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. Equities research analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analyst Weigh In

FROG has been the topic of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $55.00 price objective on shares of JFrog in a research report on Wednesday, September 10th. JPMorgan Chase & Co. increased their target price on JFrog from $48.00 to $55.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Barclays increased their target price on JFrog from $45.00 to $52.00 and gave the company an “overweight” rating in a report on Friday, August 8th. Cowen reissued a “buy” rating on shares of JFrog in a report on Friday, August 8th. Finally, Stifel Nicolaus increased their target price on JFrog from $45.00 to $53.00 and gave the company a “buy” rating in a report on Friday, August 8th. Fifteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.25.

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.