D.A. Davidson & CO. Has $1.71 Million Position in JFrog Ltd. $FROG

D.A. Davidson & CO. increased its position in shares of JFrog Ltd. (NASDAQ:FROG) by 180.2% in the second quarter, Holdings Channel reports. The institutional investor owned 38,962 shares of the company’s stock after buying an additional 25,057 shares during the period. D.A. Davidson & CO.’s holdings in JFrog were worth $1,710,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FROG. Oppenheimer Asset Management Inc. boosted its position in JFrog by 9.0% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 16,443 shares of the company’s stock worth $526,000 after acquiring an additional 1,355 shares during the last quarter. Lisanti Capital Growth LLC acquired a new position in JFrog during the 1st quarter worth approximately $3,199,000. Summit Trail Advisors LLC boosted its position in JFrog by 72.9% during the 1st quarter. Summit Trail Advisors LLC now owns 94,873 shares of the company’s stock worth $3,036,000 after acquiring an additional 40,000 shares during the last quarter. Teacher Retirement System of Texas boosted its position in JFrog by 115.6% during the 1st quarter. Teacher Retirement System of Texas now owns 49,487 shares of the company’s stock worth $1,584,000 after acquiring an additional 26,534 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in JFrog by 6.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 197,055 shares of the company’s stock worth $6,306,000 after acquiring an additional 12,269 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

Insider Activity

In other news, CEO Ben Haim Shlomi sold 38,159 shares of JFrog stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $50.32, for a total value of $1,920,160.88. Following the completion of the transaction, the chief executive officer owned 4,899,512 shares of the company’s stock, valued at $246,543,443.84. This trade represents a 0.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Yoav Landman sold 102,419 shares of JFrog stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $49.73, for a total transaction of $5,093,296.87. Following the sale, the chief technology officer directly owned 6,081,087 shares of the company’s stock, valued at $302,412,456.51. The trade was a 1.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 481,492 shares of company stock valued at $23,083,800 in the last quarter. Company insiders own 14.10% of the company’s stock.

JFrog Price Performance

Shares of FROG opened at $49.83 on Monday. The firm has a 50-day moving average of $48.28 and a 200-day moving average of $42.87. JFrog Ltd. has a one year low of $27.00 and a one year high of $51.94. The company has a market cap of $5.82 billion, a PE ratio of -64.71 and a beta of 1.05.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The company had revenue of $127.20 million during the quarter, compared to the consensus estimate of $122.80 million. During the same quarter last year, the firm posted $0.15 EPS. The company’s quarterly revenue was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FROG shares. JPMorgan Chase & Co. raised their target price on shares of JFrog from $48.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, September 24th. Robert W. Baird raised their price objective on JFrog from $52.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, September 11th. Raymond James Financial lifted their target price on JFrog from $50.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. KeyCorp lifted their target price on JFrog from $52.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, TD Cowen lifted their target price on JFrog from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Fifteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average price target of $53.44.

About JFrog

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.