JFrog (NASDAQ:FROG) Trading Down 7% – Here’s Why

JFrog Ltd. (NASDAQ:FROG) was down 7% on Wednesday . The company traded as low as $81.05 and last traded at $80.5430. Approximately 969,940 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 3,065,448 shares. The stock had previously closed at $86.56.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Truist Financial lifted their target price on JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. TD Cowen upped their price target on JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. DA Davidson set a $90.00 price objective on shares of JFrog in a report on Friday, May 8th. Guggenheim increased their price objective on shares of JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, KeyCorp lifted their price objective on shares of JFrog from $86.00 to $89.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Twenty-one investment 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, JFrog presently has an average rating of “Moderate Buy” and a consensus price target of $86.76.

JFrog Price Performance

The business has a 50-day moving average of $83.14 and a 200-day moving average of $61.39. The company 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 posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $147.45 million. During the same quarter in the previous year, the business posted $0.20 earnings per share. The business’s revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Sell-side analysts predict that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

Insider Activity at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the completion of the transaction, the chief executive officer owned 4,658,236 shares in the company, valued at $394,086,765.60. The trade was a 1.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 150,000 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $89.99, for a total value of $13,498,500.00. Following the transaction, the chief technology officer directly owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. This represents a 2.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 917,399 shares of company stock worth $73,629,102. Insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

Large investors have recently bought and sold shares of the business. Blue Trust Inc. bought a new position in JFrog in the 4th quarter valued at $30,000. Millstone Evans Group LLC lifted its position in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of JFrog by 318.7% during 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 period. Western Wealth Management LLC purchased a new stake in shares of JFrog during the first quarter valued at $30,000. Finally, Employees Retirement System of Texas bought a new position in shares of JFrog in the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Company 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.