JFrog Ltd. (NASDAQ:FROG) Sees Large Increase in Short Interest

JFrog Ltd. (NASDAQ:FROG) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,587,726 shares, an increase of 41.8% from the February 26th total of 5,351,094 shares. Based on an average trading volume of 2,845,875 shares, the days-to-cover ratio is presently 2.7 days. Currently, 7.4% of the shares of the company are short sold.

Analyst Ratings Changes

A number of brokerages recently weighed in on FROG. Piper Sandler dropped 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. Evercore set a $80.00 target price on JFrog in a report on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating and set a $80.00 target price on shares of JFrog in a research report on Wednesday, February 4th. KeyCorp upped their price target on shares of JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Finally, BTIG Research cut their price target on shares of JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a report on Friday, February 13th. Eighteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $67.05.

JFrog Stock Down 7.6%

NASDAQ FROG traded down $3.58 during mid-day trading on Friday, hitting $43.33. The stock had a trading volume of 3,807,296 shares, compared to its average volume of 3,208,563. The company has a 50 day simple moving average of $47.34 and a 200 day simple moving average of $53.05. The company has a market cap of $5.18 billion, a price-to-earnings ratio of -69.89 and a beta of 1.20. JFrog has a 52-week low of $27.00 and a 52-week high of $70.43.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The company had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. During the same period in the previous year, the business earned $0.19 earnings per share. JFrog’s quarterly revenue was up 25.2% compared to the same quarter last year. 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, equities analysts anticipate that JFrog will post -0.33 earnings per share for the current fiscal year.

Insider Activity

In other JFrog news, Director Frederic Simon sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the transaction, the director owned 3,660,786 shares in the company, valued at approximately $217,853,374.86. The trade was a 2.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Eduard Grabscheid sold 15,639 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total value of $627,905.85. Following the transaction, the chief financial officer directly owned 239,902 shares of the company’s stock, valued at approximately $9,632,065.30. This trade represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 351,960 shares of company stock valued at $17,367,657 over the last ninety days. 14.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On JFrog

Several hedge funds have recently added to or reduced their stakes in the business. Blue Trust Inc. purchased a new stake in shares of JFrog in the fourth quarter valued at about $30,000. Farther Finance Advisors LLC increased its stake in shares of JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of JFrog during the 4th quarter worth approximately $44,000. First Horizon Corp acquired a new position in shares of JFrog during the 4th quarter worth approximately $47,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in JFrog by 12,566.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after buying an additional 754 shares in the last quarter. 85.02% of the stock is currently 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.