JFrog (NASDAQ:FROG) Director Elisa Steele Sells 684 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) Director Elisa Steele sold 684 shares of JFrog stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $72.40, for a total value of $49,521.60. Following the sale, the director directly owned 24,304 shares in the company, valued at approximately $1,759,609.60. The trade was a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

JFrog Stock Performance

JFrog stock opened at $73.99 on Friday. The stock’s 50 day simple moving average is $51.03 and its two-hundred day simple moving average is $54.35. The stock has a market cap of $8.96 billion, a price-to-earnings ratio of -139.60 and a beta of 1.02. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $74.17.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business’s revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, analysts predict that JFrog Ltd. will post -0.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FROG has been the topic of a number of analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $80.00 price target on shares of JFrog in a research report on Wednesday, April 22nd. Canaccord Genuity Group dropped their price target on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Truist Financial boosted their price target on JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Guggenheim boosted their price target on JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, BTIG Research boosted their price target on JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average price target of $74.89.

Hedge Funds Weigh In On JFrog

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new position in JFrog in the 1st quarter valued at approximately $30,000. Bank of America Corp DE lifted its position in JFrog by 48.2% in the 1st quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock valued at $118,165,000 after acquiring an additional 819,326 shares in the last quarter. Atreides Management LP lifted its position in JFrog by 37.3% in the 1st quarter. Atreides Management LP now owns 554,987 shares of the company’s stock valued at $26,046,000 after acquiring an additional 150,711 shares in the last quarter. Amundi lifted its position in JFrog by 27.0% in the 1st quarter. Amundi now owns 836,389 shares of the company’s stock valued at $39,252,000 after acquiring an additional 177,973 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in JFrog by 26.2% in the 1st quarter. California State Teachers Retirement System now owns 110,992 shares of the company’s stock valued at $5,209,000 after acquiring an additional 23,032 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

About JFrog

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.