Lisanti Capital Growth LLC Buys 16,718 Shares of JFrog Ltd. $FROG

Lisanti Capital Growth LLC raised its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 15.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,913 shares of the company’s stock after purchasing an additional 16,718 shares during the period. JFrog accounts for 1.5% of Lisanti Capital Growth LLC’s portfolio, making the stock its 19th largest holding. Lisanti Capital Growth LLC owned 0.11% of JFrog worth $6,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada grew its stake in JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after buying an additional 61,685 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in JFrog during the first quarter valued at about $205,000. AQR Capital Management LLC acquired a new stake in shares of JFrog in the first quarter valued at about $368,000. Integrated Wealth Concepts LLC bought a new position in shares of JFrog in the first quarter worth about $203,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of JFrog by 14.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after purchasing an additional 88,784 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on FROG shares. Morgan Stanley raised their target price on JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Canaccord Genuity Group boosted their target price on shares of JFrog from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Thursday, January 22nd. Oppenheimer upgraded shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 price objective on the stock in a report on Friday, November 7th. Finally, Needham & Company LLC upped their price objective on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.71.

JFrog Stock Performance

NASDAQ:FROG opened at $54.80 on Friday. The company has a 50-day moving average of $61.92 and a 200-day moving average of $52.90. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $70.43. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of -78.29 and a beta of 1.13.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. The firm 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 quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 earnings per share. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Sell-side analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Insiders Place Their Bets

In related news, Director Frederic Simon sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $58.84, for a total transaction of $5,884,000.00. Following the completion of the transaction, the director owned 3,984,903 shares in the company, valued at $234,471,692.52. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Yoav Landman sold 70,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $69.22, for a total value of $4,845,400.00. Following the completion of the sale, the chief technology officer directly owned 5,958,641 shares in the company, valued at approximately $412,457,130.02. This represents a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 497,814 shares of company stock worth $30,245,410 in the last 90 days. 14.10% of the stock is owned by corporate insiders.

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.