Inspire Investing LLC acquired a new stake in shares of JFrog Ltd. (NASDAQ:FROG – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 5,686 shares of the company’s stock, valued at approximately $552,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of FROG. Allworth Financial LP grew its stake in shares of JFrog by 83.1% in the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after purchasing an additional 294 shares during the last quarter. IFP Advisors Inc increased its holdings in JFrog by 4.7% during the 2nd quarter. IFP Advisors Inc now owns 6,872 shares of the company’s stock valued at $625,000 after purchasing an additional 309 shares during the period. Praxis Investment Management Inc. increased its holdings in JFrog by 8.0% during the 1st quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock valued at $208,000 after purchasing an additional 330 shares during the period. Millstone Evans Group LLC raised its position in 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 purchasing an additional 427 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in JFrog during the 1st quarter valued at approximately $30,000. 85.02% of the stock is owned by institutional investors.
JFrog Trading Down 4.5%
Shares of FROG opened at $94.39 on Friday. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $105.76. The firm’s 50-day moving average price is $94.08 and its 200-day moving average price is $71.84. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of -255.10 and a beta of 1.24.
JFrog (NASDAQ:FROG – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The company had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. During the same period in the prior year, the firm earned $0.18 earnings per share. JFrog’s revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.11 EPS for the current fiscal year.
Insider Buying and Selling at JFrog
In other news, CEO Shlomi Ben Haim sold 15,000 shares of the stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $97.52, for a total value of $1,462,800.00. Following the completion of the transaction, the chief executive officer owned 4,434,305 shares of the company’s stock, valued at approximately $432,433,423.60. This represents a 0.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 45,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $97.27, for a total value of $4,377,150.00. Following the completion of the transaction, the chief technology officer directly owned 5,109,038 shares of the company’s stock, valued at $496,956,126.26. This represents a 0.87% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 915,453 shares of company stock worth $86,664,266. Insiders own 11.80% of the company’s stock.
Analysts Set New Price Targets
FROG has been the subject of several research analyst reports. BTIG Research reiterated a “buy” rating and issued a $115.00 price objective on shares of JFrog in a report on Friday, September 4th. TD Cowen reissued a “buy” rating and set a $120.00 target price on shares of JFrog in a research note on Thursday, September 3rd. Oppenheimer upped their target price on JFrog from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Wednesday. Raymond James Financial set a $120.00 target price on JFrog in a report on Friday, August 7th. Finally, Truist Financial raised their price target on JFrog from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. Twenty-one investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and an average target price of $109.95.
View Our Latest Analysis on FROG
JFrog Company Profile
JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.
The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.
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