Legato Capital Management LLC Boosts Stake in JFrog Ltd. $FROG

Legato Capital Management LLC grew its position in shares of JFrog Ltd. (NASDAQ:FROG) by 69.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 39,975 shares of the company’s stock after acquiring an additional 16,400 shares during the period. Legato Capital Management LLC’s holdings in JFrog were worth $2,497,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Public Sector Pension Investment Board purchased a new stake in JFrog during the third quarter worth approximately $3,247,000. HighTower Advisors LLC raised its stake in shares of JFrog by 452.1% in the 3rd quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock valued at $2,689,000 after acquiring an additional 46,529 shares during the period. Federated Hermes Inc. purchased a new position in shares of JFrog in the 3rd quarter valued at $6,697,000. UBS Group AG lifted its holdings in shares of JFrog by 293.8% during the 4th quarter. UBS Group AG now owns 296,419 shares of the company’s stock valued at $18,514,000 after acquiring an additional 221,155 shares in the last quarter. Finally, Wilson Asset Management International PTY Ltd. purchased a new stake in JFrog during the 3rd quarter worth $3,133,000. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

JFrog Stock Up 3.6%

FROG stock opened at $73.99 on Friday. The stock’s 50 day moving average is $51.03 and its two-hundred day moving average is $54.35. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $74.17. The company has a market capitalization of $8.96 billion, a PE ratio of -139.60 and a beta of 1.02.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The company had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. During the same period in the prior year, the business posted $0.20 EPS. 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. As a group, sell-side analysts anticipate that JFrog Ltd. will post -0.17 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FROG. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price target on shares of JFrog in a report on Wednesday, April 22nd. Evercore set a $80.00 target price on JFrog in a research report on Thursday, February 26th. BTIG Research increased their target price on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Guggenheim raised their target price on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Stifel Nicolaus reduced their price target on JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.89.

Insider Activity at JFrog

In other JFrog news, Director Frederic Simon sold 117,500 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $63.78, for a total transaction of $7,494,150.00. Following the transaction, the director directly owned 3,340,786 shares in the company, valued at $213,075,331.08. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 21,097 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $41.28, for a total transaction of $870,884.16. Following the transaction, the executive directly owned 752,598 shares of the company’s stock, valued at approximately $31,067,245.44. This represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 514,555 shares of company stock valued at $26,653,996. 11.80% of the stock is owned by insiders.

JFrog Company 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.