Lisanti Capital Growth LLC Has $6.01 Million Holdings in JFrog Ltd. $FROG

Lisanti Capital Growth LLC grew its position in shares of JFrog Ltd. (NASDAQ:FROG) by 15.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 126,913 shares of the company’s stock after buying an additional 16,718 shares during the quarter. JFrog accounts for approximately 1.5% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 19th largest holding. Lisanti Capital Growth LLC’s holdings in JFrog were worth $6,007,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FROG. Arizona State Retirement System grew its position in JFrog by 1.3% during the 3rd quarter. Arizona State Retirement System now owns 28,768 shares of the company’s stock worth $1,362,000 after acquiring an additional 362 shares during the last quarter. New York State Common Retirement Fund boosted its stake in JFrog by 5.6% in the third quarter. New York State Common Retirement Fund now owns 443,223 shares of the company’s stock worth $20,978,000 after purchasing an additional 23,466 shares in the last quarter. Federated Hermes Inc. acquired a new position in JFrog in the third quarter worth $6,697,000. Truist Financial Corp grew its holdings in shares of JFrog by 8.6% during the third quarter. Truist Financial Corp now owns 5,924 shares of the company’s stock worth $280,000 after purchasing an additional 471 shares during the last quarter. Finally, J. Safra Sarasin Holding AG acquired a new stake in shares of JFrog in the third quarter valued at $7,092,000. Institutional investors own 85.02% of the company’s stock.

Wall Street Analysts Forecast Growth

FROG has been the topic of several research reports. Wall Street Zen upgraded shares of JFrog from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Oppenheimer raised shares of JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 target price for the company in a research note on Friday, November 7th. Piper Sandler increased their price target on shares of JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Truist Financial reissued a “buy” rating and issued a $70.00 price target (up previously from $55.00) on shares of JFrog in a report on Friday, November 7th. Finally, BTIG Research started coverage on JFrog in a report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, JFrog has a consensus rating of “Moderate Buy” and an average target price of $65.71.

Insider Activity at JFrog

In other news, CRO Tali Notman sold 13,357 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $64.80, for a total value of $865,533.60. Following the completion of the sale, the executive directly owned 631,325 shares of the company’s stock, valued at $40,909,860. This represents a 2.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Yvonne Wassenaar sold 1,957 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the sale, the director owned 20,495 shares in the company, valued at $1,203,056.50. This represents a 8.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 497,814 shares of company stock worth $30,245,410. 14.10% of the stock is owned by company insiders.

JFrog Stock Performance

Shares of JFrog stock opened at $54.80 on Friday. The firm has a fifty day moving average of $61.92 and a two-hundred day moving average of $52.90. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of -78.29 and a beta of 1.13. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $70.43.

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