JFrog Ltd. $FROG is Light Street Capital Management LLC’s 7th Largest Position

Light Street Capital Management LLC decreased its stake in JFrog Ltd. (NASDAQ:FROG) by 10.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 514,500 shares of the company’s stock after selling 60,500 shares during the period. JFrog comprises about 5.2% of Light Street Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. Light Street Capital Management LLC’s holdings in JFrog were worth $46,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of JFrog during the 2nd quarter worth $1,427,000. California State Teachers Retirement System raised its position in JFrog by 9,666.3% during the second quarter. California State Teachers Retirement System now owns 10,839,803 shares of the company’s stock valued at $985,121,000 after purchasing an additional 10,728,811 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in JFrog during the second quarter valued at about $363,000. Wellington Management Group LLP bought a new stake in JFrog during the second quarter worth about $69,951,000. Finally, American Capital Management Inc. bought a new stake in JFrog during the second quarter worth about $1,225,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Insider Transactions at JFrog

In other news, CEO Shlomi Ben Haim sold 37,232 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total transaction of $3,369,868.32. Following the completion of the sale, the chief executive officer owned 4,495,005 shares of the company’s stock, valued at approximately $406,842,902.55. This represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Elisa Steele sold 554 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.41, for a total transaction of $57,289.14. Following the completion of the transaction, the director owned 23,750 shares in the company, valued at $2,455,987.50. This represents a 2.28% 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 ninety days, insiders have sold 901,408 shares of company stock valued at $84,330,784. Insiders own 11.80% of the company’s stock.

Analyst Ratings Changes

FROG has been the topic of several recent research reports. Cantor Fitzgerald increased their price objective on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Bank of America boosted their target price on JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Canaccord Genuity Group set a $105.00 target price on JFrog in a research note on Friday, August 7th. TD Cowen reiterated a “buy” rating and set a $120.00 price target on shares of JFrog in a research report on Thursday, September 3rd. Finally, BTIG Research reissued a “buy” rating and set a $115.00 price target on shares of JFrog in a research note on Friday. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.14.

JFrog Stock Down 1.0%

Shares of FROG traded down $0.87 during trading hours on Tuesday, hitting $86.73. The company had a trading volume of 1,873,490 shares, compared to its average volume of 2,918,384. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $105.76. The stock’s 50 day moving average price is $89.24 and its 200 day moving average price is $68.83. The firm has a market cap of $10.69 billion, a P/E ratio of -234.40 and a beta of 1.28.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $155.63 million. During the same period in the prior year, the business posted $0.18 EPS. JFrog’s quarterly revenue was up 28.7% compared to the same quarter last year. 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 expect that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

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.