JFrog (NASDAQ:FROG) Trading Up 4.2% – Here’s Why

JFrog Ltd. (NASDAQ:FROG)’s stock price was up 4.2% on Wednesday . The stock traded as high as $91.78 and last traded at $93.2490. Approximately 69,857 shares were traded during trading, a decline of 98% from the average session volume of 2,933,112 shares. The stock had previously closed at $89.48.

Wall Street Analyst Weigh In

Several analysts have recently commented on FROG shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research report on Friday, July 17th. JPMorgan Chase & Co. upped their price objective on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. TD Cowen lifted their price objective on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. KeyCorp raised their price target on shares of JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, BTIG Research upped their price objective on shares of JFrog from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Twenty-two 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. Based on data from MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and an average target price of $106.36.

JFrog Price Performance

The stock has a market cap of $11.38 billion, a price-to-earnings ratio of -249.32 and a beta of 1.22. The firm’s 50-day moving average is $87.11 and its 200 day moving average is $66.09.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter last year, the business earned $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, sell-side analysts forecast that JFrog Ltd. will post -0.11 EPS for the current year.

Insider Transactions at JFrog

In other JFrog news, CTO Yoav Landman sold 150,000 shares of the business’s stock in a transaction dated 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 sale, the chief technology officer owned 5,539,038 shares of the company’s stock, valued at approximately $498,458,029.62. The trade was a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 22,854 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $86.54, for a total value of $1,977,785.16. Following the sale, the executive owned 728,644 shares of the company’s stock, valued at $63,056,851.76. This represents a 3.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 875,334 shares of company stock worth $76,586,337 over the last ninety days. 11.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System increased its position in shares of JFrog by 9,666.3% in the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock worth $985,121,000 after acquiring an additional 10,728,811 shares in the last quarter. First Trust Advisors LP boosted its position in JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after purchasing an additional 3,358,422 shares during the period. Wasatch Advisors LP increased its holdings in JFrog by 187.4% in the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after purchasing an additional 2,710,167 shares in the last quarter. Whale Rock Capital Management LLC raised its position in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares during the period. Finally, Invesco Ltd. boosted its position in shares of JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after buying an additional 2,073,876 shares during the period. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.