Granahan Investment Management LLC Sells 20,477 Shares of JFrog Ltd. $FROG

Granahan Investment Management LLC reduced its position in JFrog Ltd. (NASDAQ:FROG) by 13.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 130,103 shares of the company’s stock after selling 20,477 shares during the period. Granahan Investment Management LLC’s holdings in JFrog were worth $6,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its holdings in JFrog by 78.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,964,925 shares of the company’s stock valued at $92,214,000 after purchasing an additional 861,835 shares during the last quarter. Siren L.L.C. grew its stake in JFrog by 37.6% in the 1st quarter. Siren L.L.C. now owns 128,816 shares of the company’s stock worth $6,045,000 after buying an additional 35,200 shares in the last quarter. Gibbs Wealth Management bought a new position in JFrog in the first quarter valued at $526,000. Sei Investments Co. raised its holdings in shares of JFrog by 169.0% during the 1st quarter. Sei Investments Co. now owns 468,861 shares of the company’s stock valued at $22,004,000 after buying an additional 294,547 shares in the last quarter. Finally, Lido Advisors LLC bought a new stake in shares of JFrog in the 1st quarter worth approximately $435,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Insider Activity at JFrog

In other JFrog news, CTO Yoav Landman sold 150,000 shares of JFrog stock in a transaction on Monday, June 29th. The stock was sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the transaction, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. The trade was a 2.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $85.84, for a total value of $10,300,800.00. Following the completion of the sale, the director directly owned 3,224,328 shares in the company, valued at $276,776,315.52. This trade represents a 3.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 917,399 shares of company stock valued at $73,629,102 in the last 90 days. Corporate insiders own 11.80% of the company’s stock.

JFrog Stock Performance

Shares of FROG opened at $80.16 on Friday. The stock has a market cap of $9.71 billion, a PE ratio of -151.25 and a beta of 1.20. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The firm’s 50-day simple moving average is $83.42 and its two-hundred day simple moving average is $61.53.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm had revenue of $153.98 million during the quarter, compared to analyst estimates of $147.45 million. During the same period last year, the business earned $0.20 earnings per share. The business’s revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities research analysts predict that JFrog Ltd. will post -0.15 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on FROG shares. Truist Financial boosted their target price on JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. KeyCorp upped their price target on JFrog from $86.00 to $89.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. increased their price objective on JFrog from $68.00 to $76.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Stifel Nicolaus lifted their price objective on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Finally, Morgan Stanley reissued an “overweight” rating and set a $80.00 target price on shares of JFrog in a research note on Friday, May 8th. Twenty-one research 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. According to data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.76.

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.