Peregrine Capital Management LLC Sells 27,529 Shares of JFrog Ltd. $FROG

Peregrine Capital Management LLC lowered its stake in JFrog Ltd. (NASDAQ:FROG) by 9.2% in the 4th quarter, HoldingsChannel reports. The fund owned 273,142 shares of the company’s stock after selling 27,529 shares during the period. Peregrine Capital Management LLC’s holdings in JFrog were worth $17,060,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FROG. Assenagon Asset Management S.A. raised its holdings in JFrog by 378.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,543,011 shares of the company’s stock valued at $96,376,000 after buying an additional 1,220,768 shares during the period. Lazard Asset Management LLC boosted its stake in JFrog by 1,669.6% during the third quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after buying an additional 1,118,427 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new position in JFrog during the third quarter worth $51,443,000. Shannon River Fund Management LLC increased its position in JFrog by 298.5% during the third quarter. Shannon River Fund Management LLC now owns 863,924 shares of the company’s stock valued at $40,890,000 after acquiring an additional 647,140 shares during the last quarter. Finally, Amundi increased its position in JFrog by 1,320.8% during the third quarter. Amundi now owns 550,906 shares of the company’s stock valued at $26,697,000 after acquiring an additional 512,131 shares during the last quarter. 85.02% of the stock is owned by institutional investors.

JFrog Trading Down 6.7%

Shares of NASDAQ FROG traded down $3.13 during trading hours on Thursday, reaching $43.68. The stock had a trading volume of 173,573 shares, compared to its average volume of 3,163,141. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of -71.05 and a beta of 1.14. The business’s fifty day moving average price is $44.30 and its two-hundred day moving average price is $52.67. JFrog Ltd. has a 52-week low of $32.05 and a 52-week high of $70.43.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.JFrog’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period last year, the business posted $0.19 EPS. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Equities research analysts anticipate that JFrog Ltd. will post -0.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Raymond James Financial restated an “outperform” rating and issued a $70.00 target price on shares of JFrog in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research report on Tuesday. Stifel Nicolaus decreased their price objective on shares of JFrog from $64.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Evercore set a $80.00 target price on JFrog in a research note on Thursday, February 26th. Finally, UBS Group upgraded JFrog from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Tuesday, March 24th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $66.55.

Insider Activity

In related news, CTO Yoav Landman sold 15,000 shares of JFrog stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $42.87, for a total value of $643,050.00. Following the completion of the sale, the chief technology officer directly owned 5,828,437 shares in the company, valued at $249,865,094.19. The trade was a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 55,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $48.34, for a total transaction of $2,658,700.00. Following the completion of the sale, the director directly owned 3,483,286 shares of the company’s stock, valued at approximately $168,382,045.24. This trade represents a 1.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 320,003 shares of company stock valued at $14,186,031. Company insiders own 11.80% of the company’s stock.

About JFrog

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.