JFrog (NASDAQ:FROG) Shares Gap Down After Insider Selling

JFrog Ltd. (NASDAQ:FROG) gapped down before the market opened on Wednesday following insider selling activity. The stock had previously closed at $44.36, but opened at $42.15. JFrog shares last traded at $43.22, with a volume of 962,761 shares.

Specifically, CTO Yoav Landman sold 15,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $42.87, for a total transaction of $643,050.00. Following the transaction, the chief technology officer owned 5,828,437 shares of the company’s stock, valued at $249,865,094.19. This trade represents a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 25,000 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $50.35, for a total value of $1,258,750.00. Following the transaction, the director directly owned 3,458,286 shares in the company, valued at approximately $174,124,700.10. This represents a 0.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In related news, CEO Ben Haim Shlomi sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $48.88, for a total transaction of $1,222,000.00. Following the transaction, the chief executive officer owned 4,740,249 shares of the company’s stock, valued at $231,703,371.12. This trade represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

FROG has been the topic of a number of research reports. DA Davidson lowered their price target on JFrog from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, February 13th. BTIG Research lowered their price target on JFrog from $83.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Canaccord Genuity Group lowered their price target on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Thursday, January 22nd. Finally, TD Cowen lowered their price target on JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday. Eighteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $66.55.

JFrog Price Performance

The stock has a market cap of $5.19 billion, a price-to-earnings ratio of -69.14 and a beta of 1.14. The stock’s 50-day moving average is $44.81 and its 200 day moving average is $52.77.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The firm’s revenue was up 25.2% compared to the same quarter last year. During the same quarter 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. Analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.

Institutional Investors Weigh In On JFrog

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in JFrog by 4.0% in the fourth quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock valued at $593,734,000 after purchasing an additional 362,654 shares during the period. Whale Rock Capital Management LLC lifted its position in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares during the period. Wasatch Advisors LP lifted its position in shares of JFrog by 6.0% during the 3rd quarter. Wasatch Advisors LP now owns 2,710,886 shares of the company’s stock valued at $128,306,000 after acquiring an additional 153,283 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of JFrog by 30.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after acquiring an additional 633,231 shares during the period. Finally, Fiera Capital Corp lifted its position in shares of JFrog by 37.5% during the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock valued at $140,750,000 after acquiring an additional 614,383 shares during the period. Institutional investors and hedge funds 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.