JFrog Ltd. (NASDAQ:FROG) Short Interest Update

JFrog Ltd. (NASDAQ:FROG) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,489,026 shares, a drop of 13.1% from the December 31st total of 4,016,270 shares. Based on an average daily trading volume, of 1,926,766 shares, the short-interest ratio is presently 1.8 days. Approximately 3.4% of the company’s stock are sold short. Approximately 3.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,926,766 shares, the short-interest ratio is presently 1.8 days.

JFrog Trading Down 3.1%

Shares of NASDAQ FROG traded down $1.61 during trading hours on Wednesday, reaching $50.19. The stock had a trading volume of 1,337,610 shares, compared to its average volume of 1,970,777. The firm has a 50-day moving average of $61.59 and a 200-day moving average of $53.24. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of -71.52 and a beta of 1.13. JFrog has a fifty-two week low of $27.00 and a fifty-two week high of $70.43.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The firm’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the company 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. On average, equities analysts predict that JFrog will post -0.33 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FROG. Needham & Company LLC raised their price objective on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 7th. JPMorgan Chase & Co. raised their price target on JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Truist Financial reaffirmed a “buy” rating and set a $70.00 price target (up from $55.00) on shares of JFrog in a report on Friday, November 7th. Piper Sandler increased their price objective on JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Finally, KeyCorp raised their target price on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average target price of $65.71.

Insider Buying and Selling at JFrog

In related news, Director Yvonne Wassenaar sold 1,957 shares of the firm’s 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 sale, the director owned 20,495 shares of the company’s stock, valued at $1,203,056.50. This trade represents a 8.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $57.71, for a total transaction of $2,596,950.00. Following the completion of the transaction, the chief technology officer owned 5,868,641 shares of the company’s stock, valued at $338,679,272.11. This represents a 0.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 497,814 shares of company stock valued at $30,245,410. Insiders own 14.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FROG. Arrowstreet Capital Limited Partnership lifted its holdings in JFrog by 3,033.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after acquiring an additional 281,844 shares during the period. Sound View Wealth Advisors Group LLC purchased a new position in shares of JFrog in the 2nd quarter valued at about $233,000. Federated Hermes Inc. purchased a new position in shares of JFrog in the 3rd quarter valued at about $6,697,000. Lisanti Capital Growth LLC lifted its stake in shares of JFrog by 10.2% in the second quarter. Lisanti Capital Growth LLC now owns 110,195 shares of the company’s stock valued at $4,835,000 after purchasing an additional 10,230 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in JFrog by 5.4% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 976,812 shares of the company’s stock worth $42,863,000 after buying an additional 50,000 shares in the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

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.