Granahan Investment Management LLC Has $9.41 Million Position in JFrog Ltd. $FROG

Granahan Investment Management LLC lessened its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 8.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 150,580 shares of the company’s stock after selling 13,895 shares during the period. Granahan Investment Management LLC’s holdings in JFrog were worth $9,405,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FROG. Royal Bank of Canada increased its stake in JFrog by 48.4% during the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock worth $6,053,000 after acquiring an additional 61,685 shares during the period. Cubist Systematic Strategies LLC bought a new position in JFrog during the 1st quarter worth $205,000. AQR Capital Management LLC bought a new position in JFrog during the 1st quarter worth $368,000. Integrated Wealth Concepts LLC bought a new position in JFrog during the 1st quarter worth $203,000. Finally, Goldman Sachs Group Inc. increased its stake in JFrog by 14.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after acquiring an additional 88,784 shares during the period. Institutional investors own 85.02% of the company’s stock.

JFrog Stock Performance

Shares of FROG stock opened at $78.48 on Wednesday. The stock’s fifty day moving average price is $63.07 and its two-hundred day moving average price is $57.04. The company has a market cap of $9.51 billion, a PE ratio of -148.08 and a beta of 1.23. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $89.16.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. During the same quarter last year, the business posted $0.20 EPS. The company’s revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, equities analysts predict that JFrog Ltd. will post -0.17 EPS for the current fiscal year.

Insider Activity at JFrog

In related news, Director Barry Zwarenstein sold 1,250 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $84.35, for a total transaction of $105,437.50. Following the sale, the director owned 32,937 shares of the company’s stock, valued at $2,778,235.95. This trade represents a 3.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eduard Grabscheid sold 5,654 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $84.69, for a total value of $478,837.26. Following the sale, the chief financial officer directly owned 209,658 shares in the company, valued at approximately $17,755,936.02. This trade represents a 2.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 805,700 shares of company stock worth $58,486,362 over the last 90 days. 11.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

FROG has been the topic of a number of recent research reports. KeyCorp raised their price objective on JFrog from $83.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Truist Financial raised their price objective on JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. TD Cowen lowered their price objective on JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Finally, William Blair restated an “outperform” rating on shares of JFrog in a research note on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, JFrog currently has a consensus rating of “Moderate Buy” and an average price target of $78.45.

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.