Aberdeen Group plc Trims Stake in JFrog Ltd. $FROG

Aberdeen Group plc lessened its holdings in JFrog Ltd. (NASDAQ:FROG) by 19.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 609,725 shares of the company’s stock after selling 149,583 shares during the period. Aberdeen Group plc owned 0.52% of JFrog worth $29,431,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Wasatch Advisors LP increased its stake in JFrog by 3.0% in the 2nd quarter. Wasatch Advisors LP now owns 2,557,603 shares of the company’s stock worth $112,228,000 after acquiring an additional 74,153 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JFrog by 3.0% during the second quarter. JPMorgan Chase & Co. now owns 1,903,396 shares of the company’s stock worth $83,521,000 after purchasing an additional 56,213 shares in the last quarter. Ensign Peak Advisors Inc increased its position in shares of JFrog by 15.4% in the second quarter. Ensign Peak Advisors Inc now owns 1,504,950 shares of the company’s stock worth $66,037,000 after purchasing an additional 200,995 shares during the last quarter. Bank of America Corp DE raised its stake in JFrog by 0.4% in the second quarter. Bank of America Corp DE now owns 1,437,352 shares of the company’s stock valued at $63,071,000 after purchasing an additional 6,161 shares in the last quarter. Finally, Norges Bank purchased a new stake in JFrog in the second quarter valued at approximately $50,968,000. Institutional investors own 85.02% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Ben Haim Shlomi sold 25,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $51.92, for a total transaction of $1,298,000.00. Following the transaction, the chief executive officer owned 4,741,893 shares in the company, valued at $246,199,084.56. The trade was a 0.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the transaction, the director directly owned 20,495 shares of the company’s stock, valued at approximately $1,203,056.50. The trade was a 8.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 407,814 shares of company stock valued at $24,969,260 over the last quarter. 14.10% of the stock is owned by company insiders.

JFrog Trading Down 3.0%

FROG stock opened at $51.68 on Tuesday. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of -83.35 and a beta of 1.13. The firm’s 50-day moving average price is $59.62 and its two-hundred day moving average price is $53.79. JFrog Ltd. has a 12-month low of $27.00 and a 12-month high of $70.43.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $145.31 million for the quarter, compared to analysts’ expectations of $138.09 million. JFrog had a negative return on equity of 5.84% and a negative net margin of 13.50%.JFrog’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the firm earned $0.19 earnings per share. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Equities analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Piper Sandler cut their price target on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday. Truist Financial reiterated a “buy” rating and issued a $70.00 target price (up from $55.00) on shares of JFrog in a research report on Friday, November 7th. Oppenheimer upgraded JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research report on Friday, November 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a report on Wednesday, February 4th. Finally, BTIG Research reduced their price objective on JFrog from $83.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday. Fifteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $65.94.

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.