Assenagon Asset Management S.A. Buys 1,220,768 Shares of JFrog Ltd. $FROG

Assenagon Asset Management S.A. lifted its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 378.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,543,011 shares of the company’s stock after purchasing an additional 1,220,768 shares during the quarter. Assenagon Asset Management S.A. owned 1.30% of JFrog worth $96,376,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of JFrog in the second quarter worth about $50,968,000. Lazard Asset Management LLC boosted its holdings in JFrog by 1,669.6% in the 3rd quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock valued at $56,106,000 after purchasing an additional 1,118,427 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of JFrog during the 3rd quarter valued at $51,443,000. Marshall Wace LLP increased its holdings in shares of JFrog by 4,233.4% in the second quarter. Marshall Wace LLP now owns 980,179 shares of the company’s stock worth $43,010,000 after purchasing an additional 957,560 shares during the period. Finally, Shannon River Fund Management LLC raised its position in shares of JFrog by 298.5% in the third quarter. Shannon River Fund Management LLC now owns 863,924 shares of the company’s stock worth $40,890,000 after buying an additional 647,140 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Barclays boosted their target price on JFrog from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. KeyCorp boosted their price objective on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. Morgan Stanley set a $70.00 price target on shares of JFrog in a research note on Monday, February 23rd. Finally, Raymond James Financial reissued an “outperform” rating and issued a $70.00 price target on shares of JFrog in a report on Thursday, February 26th. Seventeen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, JFrog presently has an average rating of “Moderate Buy” and a consensus price target of $67.05.

Insider Activity at JFrog

In related news, CEO Ben Haim Shlomi sold 71,841 shares of JFrog stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $40.15, for a total value of $2,884,416.15. Following the transaction, the chief executive officer owned 4,815,612 shares in the company, valued at $193,346,821.80. This trade represents a 1.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Tali Notman sold 21,097 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $41.28, for a total transaction of $870,884.16. Following the completion of the sale, the executive directly owned 752,598 shares of the company’s stock, valued at $31,067,245.44. This represents a 2.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 351,960 shares of company stock worth $17,367,657 in the last 90 days. Corporate insiders own 14.10% of the company’s stock.

JFrog Trading Up 0.9%

Shares of NASDAQ FROG opened at $42.64 on Tuesday. The stock’s 50-day moving average is $48.34 and its 200 day moving average is $53.21. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of -68.77 and a beta of 1.20. JFrog Ltd. has a 1-year low of $27.00 and a 1-year high of $70.43.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $145.31 million for the quarter, compared to analysts’ expectations of $138.09 million. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The business’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business 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. On average, analysts forecast that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

JFrog 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.