JFrog Ltd. $FROG Stock Position Raised by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 904,403 shares of the company’s stock after acquiring an additional 9,520 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.73% of JFrog worth $87,763,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of JFrog during the 3rd quarter worth approximately $3,209,000. State of Wyoming acquired a new stake in shares of JFrog in the third quarter valued at approximately $125,000. Moody Aldrich Partners LLC acquired a new stake in shares of JFrog in the third quarter valued at approximately $4,408,000. Oppenheimer & Co. Inc. lifted its position in JFrog by 7.2% during the third quarter. Oppenheimer & Co. Inc. now owns 20,304 shares of the company’s stock worth $1,970,000 after buying an additional 1,355 shares in the last quarter. Finally, Taylor Frigon Capital Management LLC purchased a new position in JFrog during the third quarter worth approximately $3,237,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CRO Tali Notman sold 19,157 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total transaction of $1,733,900.07. Following the completion of the transaction, the executive directly owned 687,472 shares of the company’s stock, valued at approximately $62,223,090.72. The trade was a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Shlomi Ben Haim sold 45,700 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $85.35, for a total transaction of $3,900,495.00. Following the sale, the chief executive officer owned 4,449,305 shares in the company, valued at $379,748,181.75. The trade was a 1.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 915,453 shares of company stock worth $86,664,266. 11.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

FROG has been the topic of a number of recent research reports. Raymond James Financial set a $120.00 price objective on JFrog in a research note on Friday, August 7th. Truist Financial raised their target price on JFrog from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. Cantor Fitzgerald lifted their price target on JFrog from $80.00 to $100.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. KeyCorp reissued an “overweight” rating on shares of JFrog in a research report on Tuesday, October 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $109.95.

JFrog Trading Down 9.8%

Shares of FROG opened at $85.11 on Tuesday. The firm has a market cap of $10.49 billion, a P/E ratio of -230.02 and a beta of 1.24. The company’s 50-day moving average price is $93.94 and its 200 day moving average price is $71.97. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $105.76.

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

JFrog Profile

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.