JFrog (NASDAQ:FROG) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of JFrog (NASDAQ:FROG) from a buy rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Several other research firms have also issued reports on FROG. Needham & Company LLC reissued a “buy” rating and issued a $115.00 price objective on shares of JFrog in a research report on Thursday, September 3rd. KeyCorp raised their target price on shares of JFrog from $89.00 to $114.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Cantor Fitzgerald lifted their target price on shares of JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. upped their price target on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Morgan Stanley set a $100.00 price target on JFrog in a report on Friday, August 7th. Twenty-one investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $109.48.

JFrog Stock Down 1.0%

Shares of JFrog stock opened at $99.61 on Friday. JFrog has a fifty-two week low of $34.05 and a fifty-two week high of $105.76. The firm has a market cap of $12.28 billion, a PE ratio of -269.21 and a beta of 1.24. The business’s fifty day moving average is $93.54 and its two-hundred day moving average is $71.07.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. JFrog’s revenue was up 28.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Equities research analysts anticipate that JFrog will post -0.11 EPS for the current year.

Insider Buying and Selling

In related news, Director Frederic Simon sold 120,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $93.21, for a total value of $11,185,200.00. Following the sale, the director directly owned 2,864,328 shares in the company, valued at $266,984,012.88. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Shlomi Ben Haim sold 45,700 shares of JFrog stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $85.35, for a total value of $3,900,495.00. Following the sale, the chief executive officer directly owned 4,449,305 shares in the company, valued at $379,748,181.75. The trade was a 1.02% 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 915,453 shares of company stock valued at $86,664,266 in the last 90 days. Corporate insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. boosted its stake in JFrog by 7.2% during the third quarter. Oppenheimer & Co. Inc. now owns 20,304 shares of the company’s stock valued at $1,970,000 after buying an additional 1,355 shares in the last quarter. Taylor Frigon Capital Management LLC bought a new stake in JFrog in the third quarter worth about $3,237,000. Gibbs Wealth Management raised its position in JFrog by 48.7% in the third quarter. Gibbs Wealth Management now owns 15,260 shares of the company’s stock worth $1,481,000 after acquiring an additional 4,996 shares in the last quarter. Wedbush Securities Inc. acquired a new stake in JFrog in the 3rd quarter valued at about $232,000. Finally, Sterling Capital Management LLC lifted its holdings in JFrog by 840.7% in the 3rd quarter. Sterling Capital Management LLC now owns 3,603 shares of the company’s stock valued at $350,000 after acquiring an additional 3,220 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors.

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.