JFrog (NASDAQ:FROG) CRO Tali Notman Sells 19,157 Shares of Stock

JFrog Ltd. (NASDAQ:FROG) CRO Tali Notman sold 19,157 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total value of $1,733,900.07. Following the sale, the executive directly owned 687,472 shares in the company, valued at $62,223,090.72. This trade represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

JFrog Stock Down 3.3%

NASDAQ:FROG opened at $87.60 on Friday. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $105.76. The firm has a market capitalization of $10.80 billion, a price-to-earnings ratio of -236.75 and a beta of 1.28. The stock has a fifty day simple moving average of $89.29 and a 200 day simple moving average of $68.43.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the previous year, the company earned $0.18 EPS. The business’s revenue for the quarter was up 28.7% compared to the same quarter last year. 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 analysts predict that JFrog Ltd. will post -0.11 earnings per share for the current year.

Institutional Investors Weigh In On JFrog

Several institutional investors have recently made changes to their positions in FROG. California State Teachers Retirement System increased its holdings in JFrog by 9,666.3% in the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock worth $985,121,000 after buying an additional 10,728,811 shares during the last quarter. First Trust Advisors LP lifted its stake in JFrog by 85,066.4% in the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after acquiring an additional 3,358,422 shares during the last quarter. Wasatch Advisors LP lifted its stake in JFrog by 187.4% in the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after acquiring an additional 2,710,167 shares during the last quarter. Whale Rock Capital Management LLC grew its position in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after acquiring an additional 2,389,415 shares in the last quarter. Finally, Invesco Ltd. grew its position in JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after acquiring an additional 2,073,876 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on FROG shares. JPMorgan Chase & Co. lifted their price objective on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Benchmark raised their target price on JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. UBS Group lifted their price target on JFrog from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $118.00 price objective on shares of JFrog in a research note on Thursday. Finally, Oppenheimer lifted their target price on JFrog from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Twenty-two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $107.14.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Analysts remain bullish. DA Davidson and BTIG Research reaffirmed “buy” ratings with $115 price targets, while TD Cowen set a $120 target and RBC maintained an “outperform” rating with a $118 target. These targets imply substantial upside and reflect continued confidence in JFrog’s software-supply-chain and AI opportunity. Analyst rating report
• Positive Sentiment: JFrog highlighted products and partnerships aimed at securing AI-era software development, including zero-touch remediation, continuous compliance and security for agentic workforces. The initiatives could expand the company’s addressable market and reinforce its strategic importance to enterprise customers. JFrog zero-touch remediation announcement
• Neutral Sentiment: Recent quarterly results were strong, with revenue rising 28.7% year over year to $163.8 million and adjusted EPS of $0.27 beating estimates. However, the company remains unprofitable on a GAAP basis, making execution against its full-year guidance of $0.96–$1.00 EPS important for valuation.
• Negative Sentiment: Security researchers reported that attackers are exploiting a critical JFrog Artifactory flaw to forge administrative tokens. The issue could lead to urgent customer patching, increased scrutiny of JFrog’s security controls and potential reputational or retention risks. JFrog Artifactory security vulnerability report
• Negative Sentiment: Executives and directors reported substantial selling, including CEO Shlomi Ben Haim, CFO Eduard Grabscheid, CRO Tali Notman and director Frederic Simon. Most transactions were conducted under Rule 10b5-1 plans or to cover taxes on vested equity, limiting their value as bearish signals, but the volume may still pressure investor sentiment.

About JFrog

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.