Envestnet Asset Management Inc. trimmed its stake in JFrog Ltd. (NASDAQ:FROG – Free Report) by 6.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,475 shares of the company’s stock after selling 10,960 shares during the period. Envestnet Asset Management Inc. owned about 0.14% of JFrog worth $7,785,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the stock. Royal Bank of Canada grew 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 worth $6,053,000 after buying an additional 61,685 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of JFrog during the 1st quarter worth approximately $205,000. AQR Capital Management LLC acquired a new stake in shares of JFrog during the 1st quarter worth approximately $368,000. Integrated Wealth Concepts LLC bought a new stake in shares of JFrog during the first quarter valued at approximately $203,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of JFrog by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after purchasing an additional 88,784 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on FROG shares. KeyCorp boosted their price target on shares of JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. UBS Group set a $60.00 price target on shares of JFrog in a research report on Friday, February 13th. Piper Sandler decreased their price objective on JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. increased their target price on JFrog from $55.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Fifteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $65.94.
JFrog Price Performance
FROG opened at $50.29 on Friday. The stock has a market capitalization of $6.02 billion, a P/E ratio of -81.11 and a beta of 1.13. The company’s 50 day simple moving average is $58.41 and its 200-day simple moving average is $53.76. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43.
JFrog (NASDAQ:FROG – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 EPS. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. As a group, analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.
Insider Transactions at JFrog
In related news, Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total value of $114,875.90. Following the transaction, the director directly owned 20,495 shares in the company, valued at $1,203,056.50. This represents a 8.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CRO Tali Notman sold 13,357 shares of JFrog stock in a transaction on Monday, December 8th. The stock was sold at an average price of $64.80, for a total transaction of $865,533.60. Following the sale, the executive directly owned 631,325 shares of the company’s stock, valued at $40,909,860. This represents a 2.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 407,814 shares of company stock valued at $24,969,260. 14.10% of the stock is currently owned by insiders.
About JFrog
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.
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