JFrog Ltd. $FROG Shares Acquired by Cwm LLC

Cwm LLC raised its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 173.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,951 shares of the company’s stock after acquiring an additional 6,948 shares during the period. Cwm LLC’s holdings in JFrog were worth $481,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FROG. 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 valued at $40,000 after acquiring an additional 597 shares during the last quarter. 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 valued at $43,000 after acquiring an additional 329 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of JFrog during the first quarter valued at about $104,000. Smartleaf Asset Management LLC increased its position in shares of JFrog by 26.3% during the first quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock valued at $123,000 after acquiring an additional 800 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of JFrog during the first quarter valued at about $128,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

FROG has been the subject of a number of recent analyst reports. Piper Sandler reiterated a “neutral” rating and set a $48.00 price target (up from $40.00) on shares of JFrog in a research report on Friday, August 8th. KeyCorp lifted their price objective on shares of JFrog from $52.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Raymond James Financial lifted their price objective on shares of JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Stifel Nicolaus lifted their price objective on shares of JFrog from $45.00 to $53.00 and gave the company a “buy” rating in a report on Friday, August 8th. Finally, TD Cowen lifted their price objective on shares of JFrog from $55.00 to $58.00 and gave the company a “buy” rating in a report on Friday, October 17th. Fifteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.44.

JFrog Stock Up 3.2%

Shares of JFrog stock opened at $49.83 on Friday. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $51.94. The company has a 50 day moving average of $48.28 and a 200 day moving average of $42.68. The company has a market capitalization of $5.82 billion, a P/E ratio of -64.71 and a beta of 1.05.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $122.80 million. During the same quarter in the previous year, the firm earned $0.15 earnings per share. The firm’s quarterly revenue was up 23.5% on a year-over-year basis. 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 anticipate that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ben Haim Shlomi sold 38,159 shares of JFrog stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $50.32, for a total value of $1,920,160.88. Following the completion of the transaction, the chief executive officer owned 4,899,512 shares in the company, valued at $246,543,443.84. The trade was a 0.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Yoav Landman sold 102,419 shares of JFrog stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $49.73, for a total transaction of $5,093,296.87. Following the completion of the transaction, the chief technology officer owned 6,081,087 shares of the company’s stock, valued at $302,412,456.51. This represents a 1.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold 481,492 shares of company stock worth $23,083,800 over the last 90 days. 14.10% of the stock is owned by insiders.

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.