Englebert Financial Advisers LLC Sells 9,944 Shares of JFrog Ltd. $FROG

Englebert Financial Advisers LLC cut its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 60.4% in the third quarter, Holdings Channel reports. The fund owned 6,508 shares of the company’s stock after selling 9,944 shares during the period. Englebert Financial Advisers LLC’s holdings in JFrog were worth $632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FROG. First Trust Advisors LP lifted its holdings in JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the last quarter. Wasatch Advisors LP increased its stake in shares of JFrog by 187.4% in the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after buying an additional 2,710,167 shares in the last quarter. Swedbank AB bought a new position in shares of JFrog in the first quarter valued at about $78,872,000. Stephens Investment Management Group LLC bought a new position in shares of JFrog in the first quarter valued at about $41,956,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in JFrog by 78.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,964,925 shares of the company’s stock worth $92,214,000 after buying an additional 861,835 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insiders Place Their Bets

In other JFrog news, Director Frederic Simon sold 120,000 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $97.24, for a total value of $11,668,800.00. Following the transaction, the director owned 2,744,328 shares of the company’s stock, valued at approximately $266,858,454.72. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 18,794 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $86.98, for a total value of $1,634,702.12. Following the transaction, the executive owned 668,678 shares in the company, valued at approximately $58,161,612.44. This trade represents a 2.73% 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. Insiders have sold a total of 915,453 shares of company stock valued at $86,651,766 in the last ninety days. 11.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on FROG. Oppenheimer increased their price objective on shares of JFrog from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Cantor Fitzgerald increased their price target on shares of JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. BTIG Research reissued a “buy” rating and issued a $115.00 price target on shares of JFrog in a report on Friday, September 4th. Royal Bank Of Canada restated an “outperform” rating and issued a $118.00 price objective on shares of JFrog in a research report on Thursday, September 3rd. Finally, Raymond James Financial set a $120.00 price objective on JFrog in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $109.71.

JFrog Stock Performance

Shares of JFrog stock opened at $92.37 on Wednesday. The firm has a fifty day moving average of $93.04 and a two-hundred day moving average of $79.90. The stock has a market capitalization of $11.39 billion, a price-to-earnings ratio of -249.64 and a beta of 1.24. JFrog Ltd. has a 52 week low of $34.05 and a 52 week high of $105.76.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The company had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the prior year, the business posted $0.18 EPS. The firm’s quarterly 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. As a group, research analysts forecast that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

About JFrog

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.