Key Points
- JFrog CTO Yoav Landman sold 75,000 shares on May 14 at an average price of $64.22, for total proceeds of about $4.82 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- After the transaction, Landman still held 5.75 million shares of JFrog, valued at roughly $369.5 million, and the sale reduced his position by only 1.29%.
- JFrog recently reported better-than-expected quarterly results, with EPS of $0.27 versus $0.22 expected and revenue up 25.8% year over year. Wall Street remains broadly positive, with 18 Buy ratings and an average target price of $74.89.
JFrog Ltd. (NASDAQ:FROG - Get Free Report) Director Elisa Steele sold 684 shares of the company's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $72.40, for a total value of $49,521.60. Following the completion of the transaction, the director directly owned 24,304 shares in the company, valued at $1,759,609.60. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
JFrog Trading Up 3.6%
FROG stock opened at $73.99 on Friday. The stock has a market capitalization of $8.96 billion, a PE ratio of -139.60 and a beta of 1.02. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $74.17. The stock's 50 day simple moving average is $51.03 and its 200 day simple moving average is $54.35.
JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $153.98 million for the quarter, compared to analysts' expectations of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The firm's quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 EPS. 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, research analysts predict that JFrog Ltd. will post -0.17 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on FROG. UBS Group boosted their target price on shares of JFrog from $60.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Morgan Stanley reiterated an "overweight" rating and set a $80.00 target price on shares of JFrog in a research note on Friday, May 8th. BTIG Research boosted their target price on shares of JFrog from $60.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Piper Sandler decreased their target price on shares of JFrog from $70.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday, February 13th. Finally, Truist Financial boosted their target price on shares of JFrog from $70.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $74.89.
View Our Latest Stock Analysis on JFrog
Institutional Investors Weigh In On JFrog
A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its stake in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company's stock worth $6,053,000 after purchasing an additional 61,685 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of JFrog in the 1st quarter worth $205,000. AQR Capital Management LLC purchased a new stake in shares of JFrog in the 1st quarter worth $368,000. Integrated Wealth Concepts LLC purchased a new stake in shares of JFrog in the 1st quarter worth $203,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of JFrog by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company's stock worth $22,173,000 after purchasing an additional 88,784 shares in the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.
About JFrog
(
Get Free Report)
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.
Further Reading
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