JFrog Ltd. $FROG Shares Purchased by First Trust Advisors LP

First Trust Advisors LP grew its position in shares of JFrog Ltd. (NASDAQ:FROG) by 85,066.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,362,370 shares of the company’s stock after purchasing an additional 3,358,422 shares during the period. First Trust Advisors LP’s holdings in JFrog were worth $157,796,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FROG. Millstone Evans Group LLC raised its position in shares of JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after buying an additional 427 shares during the period. Blue Trust Inc. acquired a new position in shares of JFrog during the fourth quarter worth $30,000. Bessemer Group Inc. purchased a new position in JFrog in the 1st quarter valued at about $36,000. Farther Finance Advisors LLC boosted its holdings in 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 acquired a new stake in shares of JFrog during the fourth quarter worth approximately $44,000. 85.02% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CRO Tali Notman sold 22,015 shares of the company’s stock in a transaction dated 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 sale, the executive owned 706,629 shares of the company’s stock, valued at approximately $59,321,504.55. This represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eduard Grabscheid sold 5,654 shares of the company’s 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 sale, the chief financial officer directly owned 209,658 shares in the company, valued at $17,755,936.02. This represents a 2.63% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 917,399 shares of company stock valued at $73,629,102 over the last 90 days. Company insiders own 11.80% of the company’s stock.

JFrog Trading Up 2.0%

Shares of FROG stock opened at $81.25 on Friday. The firm’s fifty day simple moving average is $83.14 and its 200 day simple moving average is $61.39. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $99.22. The firm has a market capitalization of $9.84 billion, a P/E ratio of -153.30 and a beta of 1.20.

JFrog (NASDAQ:FROG) last released its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating 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 business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. During the same quarter last year, the company earned $0.20 earnings per share. The firm’s revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Equities research analysts anticipate that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FROG has been the topic of a number of research reports. Needham & Company LLC increased their target price on shares of JFrog from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Oppenheimer restated an “outperform” rating and issued a $105.00 price target on shares of JFrog in a research report on Wednesday. TD Cowen upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. BTIG Research lifted their price target on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their price objective on shares of JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Twenty-one equities research 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. According to data from MarketBeat.com, JFrog presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.76.

JFrog 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.