Quantbot Technologies LP Acquires 48,882 Shares of JFrog Ltd. $FROG

Quantbot Technologies LP increased its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 435.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,109 shares of the company’s stock after acquiring an additional 48,882 shares during the quarter. Quantbot Technologies LP owned about 0.05% of JFrog worth $2,638,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. increased its holdings in shares of JFrog by 3.2% during the 1st quarter. Raymond James Financial Inc. now owns 1,072,136 shares of the company’s stock worth $34,308,000 after purchasing an additional 33,236 shares during the period. Nishkama Capital LLC bought a new stake in shares of JFrog in the first quarter valued at about $6,561,000. T. Rowe Price Investment Management Inc. grew its position in JFrog by 65.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after buying an additional 1,037,482 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in JFrog by 14.7% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 605,721 shares of the company’s stock valued at $19,383,000 after acquiring an additional 77,461 shares during the period. Finally, Deutsche Bank AG raised its holdings in JFrog by 21.7% in the 1st quarter. Deutsche Bank AG now owns 193,256 shares of the company’s stock valued at $6,184,000 after acquiring an additional 34,449 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Ben Haim Shlomi sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $46.01, for a total transaction of $690,150.00. Following the completion of the sale, the chief executive officer owned 4,869,152 shares of the company’s stock, valued at approximately $224,029,683.52. This trade represents a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frederic Simon sold 67,500 shares of JFrog stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $60.08, for a total transaction of $4,055,400.00. Following the completion of the transaction, the director owned 3,753,286 shares of the company’s stock, valued at $225,497,422.88. This trade represents a 1.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 401,470 shares of company stock valued at $22,395,245. 14.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of JFrog in a research report on Friday, October 17th. Robert W. Baird lifted their price target on shares of JFrog from $52.00 to $58.00 and gave the stock an “outperform” rating in a research note on Thursday, September 11th. Truist Financial restated a “buy” rating and issued a $70.00 price objective (up previously from $55.00) on shares of JFrog in a research note on Friday, November 7th. Finally, Raymond James Financial raised their price objective on shares of JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $62.69.

JFrog Price Performance

JFrog stock opened at $64.77 on Friday. The firm has a market capitalization of $7.66 billion, a P/E ratio of -92.53 and a beta of 1.10. The stock has a fifty day moving average price of $53.35 and a two-hundred day moving average price of $47.44. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $65.50.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. On average, equities research analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

JFrog Company Profile

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.