JFrog (NASDAQ:FROG) Stock Price Down 5% – Should You Sell?

JFrog Ltd. (NASDAQ:FROG)’s stock price dropped 5% during trading on Friday . The stock traded as low as $59.12 and last traded at $59.3470. Approximately 493,118 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 1,981,182 shares. The stock had previously closed at $62.46.

Wall Street Analyst Weigh In

Several analysts have issued reports on FROG shares. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Cantor Fitzgerald lifted their price objective on JFrog from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. BTIG Research began coverage on JFrog in a research note on Tuesday, December 16th. They set a “buy” rating and a $83.00 price objective for the company. Robert W. Baird increased their target price on shares of JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Finally, KeyCorp raised their target price on shares of JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.35.

JFrog Trading Down 4.6%

The firm has a 50 day moving average of $60.61 and a 200-day moving average of $50.73. The company has a market cap of $7.05 billion, a P/E ratio of -85.10 and a beta of 1.13.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $136.91 million during the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The company’s revenue was up 25.5% on a year-over-year basis. During the same period last year, the firm posted $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Equities analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Yvonne Wassenaar sold 1,372 shares of JFrog stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $47.94, for a total value of $65,773.68. Following the sale, the director directly owned 29,307 shares of the company’s stock, valued at approximately $1,404,977.58. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $46.01, for a total value of $690,150.00. Following the completion of the sale, the chief executive officer owned 4,869,152 shares in the company, valued at $224,029,683.52. This represents a 0.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 397,229 shares of company stock worth $23,710,457 in the last 90 days. 14.10% of the stock is owned by company insiders.

Institutional Trading of JFrog

Large investors have recently added to or reduced their stakes in the company. Vident Advisory LLC bought a new position in shares of JFrog during the 1st quarter valued at approximately $242,000. Royal Bank of Canada lifted its position in JFrog by 48.4% during the first quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of JFrog in the 1st quarter worth $205,000. AQR Capital Management LLC purchased a new position in shares of JFrog in the 1st quarter worth $368,000. Finally, Alliancebernstein L.P. increased its holdings in shares of JFrog by 1,974.0% in the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock worth $68,832,000 after buying an additional 2,047,294 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.