Elisa Steele Sells 684 Shares of JFrog (NASDAQ:FROG) Stock

JFrog Ltd. (NASDAQ:FROG) Director Elisa Steele sold 684 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $72.40, for a total transaction of $49,521.60. Following the completion of the sale, the director owned 24,304 shares of the company’s stock, valued at $1,759,609.60. The trade was a 2.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

JFrog Trading Up 3.6%

FROG 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 1-year low of $34.05 and a 1-year high of $74.17. The firm has a 50-day moving average price of $51.03 and a two-hundred day moving average price of $54.35.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter last year, the company 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 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC bought a new position in JFrog during the 1st quarter worth approximately $30,000. Bank of America Corp DE boosted its stake in JFrog by 48.2% during the 1st quarter. Bank of America Corp DE now owns 2,517,899 shares of the company’s stock worth $118,165,000 after acquiring an additional 819,326 shares during the last quarter. Atreides Management LP boosted its stake in JFrog by 37.3% during the 1st quarter. Atreides Management LP now owns 554,987 shares of the company’s stock worth $26,046,000 after acquiring an additional 150,711 shares during the last quarter. Amundi boosted its stake in JFrog by 27.0% during the 1st quarter. Amundi now owns 836,389 shares of the company’s stock worth $39,252,000 after acquiring an additional 177,973 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in JFrog by 26.2% during the 1st quarter. California State Teachers Retirement System now owns 110,992 shares of the company’s stock worth $5,209,000 after acquiring an additional 23,032 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a research note on Tuesday, April 21st. Wall Street Zen lowered shares of JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Evercore set a $80.00 target price on shares of JFrog in a research note on Thursday, February 26th. Needham & Company LLC raised 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. Finally, TD Cowen reduced their target price on shares of JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, JFrog has a consensus rating of “Moderate Buy” and an average target price of $74.89.

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.