Gibbs Wealth Management Makes New Investment in JFrog Ltd. $FROG

Gibbs Wealth Management purchased a new position in shares of JFrog Ltd. (NASDAQ:FROG) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,215 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Millstone Evans Group LLC increased its holdings in shares of JFrog by 242.6% during the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after acquiring an additional 427 shares during the last quarter. Blue Trust Inc. bought a new stake in JFrog during the fourth quarter valued at about $30,000. Bessemer Group Inc. bought a new stake in JFrog during the first quarter valued at about $36,000. Farther Finance Advisors LLC grew its position in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 478 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new position in shares of JFrog in the fourth quarter worth about $44,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insider Activity at JFrog

In other news, CFO Eduard Grabscheid sold 5,654 shares of JFrog stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $84.69, for a total transaction of $478,837.26. Following the transaction, the chief financial officer owned 209,658 shares in the company, valued at $17,755,936.02. The trade was a 2.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Tali Notman sold 22,015 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the transaction, the executive owned 706,629 shares of the company’s stock, valued at $59,321,504.55. This represents a 3.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 917,399 shares of company stock valued at $73,629,102 over the last 90 days. Insiders own 11.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on FROG shares. Benchmark started coverage on JFrog in a report on Thursday, June 25th. They set a “buy” rating and a $100.00 price target for the company. BTIG Research increased their price target on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 8th. Bank of America lifted their target price on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Citigroup restated a “buy” rating on shares of JFrog in a research note on Monday, June 8th. Finally, KeyCorp upped their target price on shares of JFrog from $86.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and an average price target of $86.76.

JFrog Price Performance

JFrog stock opened at $80.16 on Friday. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The firm has a market capitalization of $9.71 billion, a price-to-earnings ratio of -151.25 and a beta of 1.20. The company’s 50 day simple moving average is $83.42 and its 200 day simple moving average is $61.53.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. During the same period last year, the business posted $0.20 earnings per share. The business’s revenue for the quarter was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, analysts predict that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

JFrog Company Profile

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.