Y.D. More Investments Ltd Purchases 7,200 Shares of JFrog Ltd. $FROG

Y.D. More Investments Ltd increased its position in JFrog Ltd. (NASDAQ:FROG) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,350 shares of the company’s stock after purchasing an additional 7,200 shares during the quarter. Y.D. More Investments Ltd owned approximately 0.06% of JFrog worth $2,868,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. grew its position in shares of JFrog by 1,974.0% during the 1st quarter. Alliancebernstein L.P. now owns 2,151,008 shares of the company’s stock worth $68,832,000 after buying an additional 2,047,294 shares during the period. Eminence Capital LP acquired a new stake in JFrog during the 1st quarter worth $43,268,000. T. Rowe Price Investment Management Inc. grew its holdings in JFrog by 65.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,630,179 shares of the company’s stock worth $84,166,000 after acquiring an additional 1,037,482 shares during the period. Alyeska Investment Group L.P. bought a new stake in shares of JFrog during the 1st quarter valued at $22,971,000. Finally, Trexquant Investment LP acquired a new position in shares of JFrog in the 1st quarter valued at $10,095,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FROG shares. Needham & Company LLC lifted their price objective on JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Raymond James Financial raised their target price on JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Stifel Nicolaus upped their price target on JFrog from $45.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, August 8th. DA Davidson upgraded shares of JFrog to a “strong-buy” rating in a research report on Friday, November 7th. Finally, Canaccord Genuity Group boosted their price objective on shares of JFrog from $55.00 to $65.00 and gave the company a “buy” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $62.69.

Insider Buying and Selling

In other JFrog news, Director Frederic Simon sold 100,000 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $58.84, for a total transaction of $5,884,000.00. Following the completion of the transaction, the director owned 3,984,903 shares in the company, valued at approximately $234,471,692.52. This represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Yoav Landman sold 102,419 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $49.73, for a total value of $5,093,296.87. Following the completion of the sale, the chief technology officer owned 6,081,087 shares in the company, valued at approximately $302,412,456.51. This trade represents a 1.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 546,492 shares of company stock valued at $27,553,950. Company insiders own 14.10% of the company’s stock.

JFrog Stock Performance

Shares of FROG opened at $59.09 on Friday. The stock has a 50 day simple moving average of $50.00 and a 200 day simple moving average of $45.13. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $65.50. The firm has a market capitalization of $6.99 billion, a PE ratio of -84.41 and a beta of 1.02.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The firm had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. During the same quarter in the previous year, the firm posted $0.15 earnings per share. The business’s revenue was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS. Q4 2025 guidance at 0.180-0.200 EPS. Equities research analysts predict that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

About JFrog

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.