JFrog (NASDAQ:FROG) Stock Price Down 5.9% – Should You Sell?

JFrog Ltd. (NASDAQ:FROG) shares were down 5.9% during trading on Monday. The company traded as low as $88.88 and last traded at $88.8060. Approximately 144,746 shares were traded during mid-day trading, a decline of 95% from the average session volume of 2,676,978 shares. The stock had previously closed at $94.39.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on FROG shares. DA Davidson restated a “buy” rating and set a $115.00 price target on shares of JFrog in a research report on Friday, September 4th. Guggenheim upped their price objective on JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. increased 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. BTIG Research reiterated a “buy” rating and set a $115.00 price objective on shares of JFrog in a research report on Friday, September 4th. Finally, Piper Sandler raised their price objective on JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $110.67.

JFrog Stock Performance

The company has a market cap of $10.91 billion, a PE ratio of -239.16 and a beta of 1.31. The stock’s 50 day moving average price is $93.91 and its 200-day moving average price is $72.13.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate 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%. The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter last year, the firm 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, analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Insider Buying and Selling

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

Hedge Funds Weigh In On JFrog

Large investors have recently bought and sold shares of the stock. First Trust Advisors LP lifted its position in shares of JFrog by 85,066.4% in 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. Congress Asset Management Co. raised its stake in JFrog by 14.4% during the third quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company’s stock valued at $137,826,000 after buying an additional 178,310 shares during the last quarter. Bank of America Corp DE grew its position in JFrog by 48.2% during 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 purchasing an additional 819,326 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of 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 acquiring an additional 861,835 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in JFrog by 1.1% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 904,403 shares of the company’s stock worth $87,763,000 after acquiring an additional 9,520 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

About JFrog

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.