Alkeon Capital Management LLC Has $25.89 Million Stock Holdings in JFrog Ltd. $FROG

Alkeon Capital Management LLC lessened its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 42.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 414,425 shares of the company’s stock after selling 300,000 shares during the period. Alkeon Capital Management LLC’s holdings in JFrog were worth $25,885,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FROG. Blue Trust Inc. acquired a new stake in JFrog during the 4th quarter worth $30,000. Farther Finance Advisors LLC grew its holdings in 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 acquiring an additional 478 shares during the period. Employees Retirement System of Texas acquired a new stake in JFrog during the 4th quarter worth $44,000. First Horizon Corp acquired a new stake in JFrog during the 4th quarter worth $47,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in JFrog during the 3rd quarter worth $56,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Stock Up 3.4%

Shares of NASDAQ FROG opened at $80.39 on Tuesday. The company’s fifty day moving average is $62.51 and its 200-day moving average is $56.92. The stock has a market cap of $9.74 billion, a price-to-earnings ratio of -151.68 and a beta of 1.23. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $89.16.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS 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 net margin of 10.93% and a negative return on equity of 4.61%. The firm’s revenue was up 25.8% compared to the same quarter last year. 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, research analysts anticipate that JFrog Ltd. will post -0.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FROG has been the subject of a number of analyst reports. KeyCorp lifted their target price on shares of JFrog from $83.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $70.00 target price on shares of JFrog in a report on Thursday, February 26th. Evercore set a $80.00 target price on shares of JFrog in a report on Thursday, February 26th. TD Cowen lowered their target price on shares of JFrog from $80.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Finally, Bank of America lifted their price target on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Twenty equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and an average price target of $78.45.

Insiders Place Their Bets

In related news, Director Frederic Simon sold 120,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the sale, the director directly owned 3,224,328 shares of the company’s stock, valued at approximately $276,776,315.52. The trade was a 3.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the completion of the sale, the chief executive officer directly owned 4,658,236 shares in the company, valued at $394,086,765.60. This represents a 1.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 805,700 shares of company stock worth $58,486,362 in the last ninety days. 11.80% of the stock is owned by 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.