Artisan Partners Limited Partnership Takes Position in JFrog Ltd. $FROG

Artisan Partners Limited Partnership acquired a new position in JFrog Ltd. (NASDAQ:FROG) during the second quarter, according to its most recent filing with the SEC. The firm acquired 612,807 shares of the company’s stock, valued at approximately $26,890,000. Artisan Partners Limited Partnership owned about 0.53% of JFrog as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FROG. IFP Advisors Inc raised its holdings in JFrog by 10.2% in the 1st 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 last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of JFrog during the 1st quarter valued at about $325,000. Legato Capital Management LLC purchased a new stake in JFrog during the first quarter valued at $545,000. Cetera Investment Advisers boosted its holdings in shares of JFrog by 44.9% in the 1st quarter. Cetera Investment Advisers now owns 22,261 shares of the company’s stock worth $712,000 after purchasing an additional 6,903 shares during the period. Finally, Assetmark Inc. raised its position in JFrog by 20.5% in the 1st quarter. Assetmark Inc. now owns 72,733 shares of the company’s stock worth $2,327,000 after purchasing an additional 12,365 shares during the period. 85.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of JFrog from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. KeyCorp boosted their price target on JFrog from $57.00 to $71.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Truist Financial reaffirmed a “buy” rating and set a $70.00 target price (up from $55.00) on shares of JFrog in a research note on Friday, November 7th. Stifel Nicolaus lifted their price objective on JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, Raymond James Financial boosted their price target on shares of JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and a consensus price target of $62.69.

Insider Transactions at JFrog

In other news, CTO Yoav Landman sold 102,419 shares of JFrog stock in a transaction 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. The trade was a 1.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CRO Tali Notman sold 14,451 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $47.78, for a total transaction of $690,468.78. Following the transaction, the executive directly owned 671,909 shares of the company’s stock, valued at approximately $32,103,812.02. This trade represents a 2.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 446,492 shares of company stock valued at $22,842,950. Company insiders own 14.10% of the company’s stock.

JFrog Stock Down 0.1%

FROG stock opened at $59.22 on Friday. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $65.50. The stock has a market cap of $7.01 billion, a price-to-earnings ratio of -84.60 and a beta of 1.02. The business has a 50 day moving average price of $50.89 and a 200 day moving average price of $45.90.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.16 by $0.06. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The firm had revenue of $136.91 million during the quarter, compared to the consensus estimate of $128.28 million. During the same quarter in the prior year, the firm earned $0.15 EPS. JFrog’s revenue for the quarter was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. As a group, sell-side analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.

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.