5,788 Shares in JFrog Ltd. $FROG Bought by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC acquired a new stake in shares of JFrog Ltd. (NASDAQ:FROG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,788 shares of the company’s stock, valued at approximately $254,000.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock valued at $40,000 after buying an additional 597 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of JFrog by 32.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock worth $43,000 after buying an additional 329 shares during the last quarter. Bayforest Capital Ltd bought a new position in shares of JFrog during the 1st quarter worth approximately $104,000. Smartleaf Asset Management LLC raised its stake in shares of JFrog by 26.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company’s stock worth $123,000 after acquiring an additional 800 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in JFrog during the first quarter valued at approximately $128,000. 85.02% of the stock is currently owned by institutional investors.

Insider Activity

In other JFrog news, Director Frederic Simon sold 35,000 shares of JFrog stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $46.92, for a total transaction of $1,642,200.00. Following the completion of the sale, the director directly owned 4,084,903 shares in the company, valued at approximately $191,663,648.76. The trade was a 0.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CRO Tali Notman sold 13,067 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $50.26, for a total transaction of $656,747.42. Following the completion of the sale, the executive owned 658,842 shares in the company, valued at $33,113,398.92. The trade was a 1.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 431,492 shares of company stock valued at $20,979,800. 14.10% of the stock is owned by insiders.

JFrog Price Performance

Shares of FROG opened at $47.26 on Friday. The company’s fifty day moving average price is $48.49 and its 200-day moving average price is $43.82. JFrog Ltd. has a 1-year low of $27.00 and a 1-year high of $51.94. The firm has a market capitalization of $5.52 billion, a PE ratio of -61.38 and a beta of 1.02.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The company had revenue of $136.91 million during the quarter, compared to analysts’ expectations of $128.28 million. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The firm’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. As a group, research analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FROG. Stifel Nicolaus lifted their price target on shares of JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, August 8th. JPMorgan Chase & Co. raised their price objective on JFrog from $48.00 to $55.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 24th. Morgan Stanley boosted their target price on JFrog from $50.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Needham & Company LLC reiterated a “buy” rating and issued a $55.00 price target on shares of JFrog in a research note on Wednesday, September 10th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $60.00 price target on shares of JFrog in a report on Monday, September 15th. Fifteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and an average target price of $53.44.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.