JFrog Ltd. $FROG Shares Sold by Pier Capital LLC

Pier Capital LLC cut its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 62.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 107,390 shares of the company’s stock after selling 181,022 shares during the quarter. Pier Capital LLC’s holdings in JFrog were worth $5,083,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Aster Capital Management DIFC Ltd acquired a new stake in shares of JFrog in the third quarter worth $56,000. Wilmington Savings Fund Society FSB raised its holdings in shares of JFrog by 1,086.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock worth $60,000 after purchasing an additional 1,152 shares during the last quarter. RiverPark Advisors LLC acquired a new position in JFrog during the third quarter valued at $103,000. Tower Research Capital LLC TRC boosted its holdings in JFrog by 7,185.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after purchasing an additional 2,946 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in JFrog in the second quarter valued at $136,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at JFrog

In other news, CEO Ben Haim Shlomi sold 71,841 shares of JFrog stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $40.15, for a total value of $2,884,416.15. Following the sale, the chief executive officer owned 4,815,612 shares in the company, valued at $193,346,821.80. This trade represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CRO Tali Notman sold 21,097 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $41.28, for a total transaction of $870,884.16. Following the sale, the executive directly owned 752,598 shares of the company’s stock, valued at $31,067,245.44. This represents a 2.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 351,960 shares of company stock valued at $17,367,657 in the last three months. Company insiders own 14.10% of the company’s stock.

JFrog Trading Up 0.1%

Shares of FROG opened at $41.89 on Friday. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $70.43. The stock’s 50 day moving average is $50.69 and its two-hundred day moving average is $53.41. The firm has a market cap of $5.01 billion, a P/E ratio of -67.56 and a beta of 1.20.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The business had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. During the same period in the prior year, the company posted $0.19 EPS. The business’s quarterly revenue was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Equities research analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on FROG shares. Barclays lifted their price objective on JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Evercore set a $80.00 target price on JFrog in a research note on Thursday, February 26th. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Canaccord Genuity Group reduced their price target on JFrog from $75.00 to $66.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, BTIG Research decreased their price target on JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a report on Friday, February 13th. Sixteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $67.42.

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.