JFrog (NASDAQ:FROG) Shares Up 4.2% – Still a Buy?

JFrog Ltd. (NASDAQ:FROG)’s stock price shot up 4.2% during mid-day trading on Wednesday . The stock traded as high as $91.78 and last traded at $93.2490. 69,857 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 2,933,112 shares. The stock had previously closed at $89.48.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FROG. Bank of America boosted their target price on shares of JFrog from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. DA Davidson raised their price target on shares of JFrog from $90.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 7th. UBS Group lifted their price target on shares of JFrog from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. boosted their price objective on shares of JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, TD Cowen upped their price objective on shares of JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Twenty-two research 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $106.36.

JFrog Stock Performance

The company has a market capitalization of $11.38 billion, a PE ratio of -249.32 and a beta of 1.22. The company has a 50 day moving average price of $87.11 and a 200 day moving average price of $66.09.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to the consensus estimate of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 earnings per share. 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, equities analysts forecast that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

Insider Activity at JFrog

In other news, CRO Tali Notman sold 22,854 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $86.54, for a total value of $1,977,785.16. Following the sale, the executive owned 728,644 shares in the company, valued at approximately $63,056,851.76. This represents a 3.04% decrease in their position. The sale 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, CTO Yoav Landman sold 150,000 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the sale, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. This trade represents a 2.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 875,334 shares of company stock valued at $76,586,337. 11.80% of the stock is owned by insiders.

Institutional Trading of JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG boosted its stake in JFrog by 293.8% in the fourth quarter. UBS Group AG now owns 296,419 shares of the company’s stock valued at $18,514,000 after acquiring an additional 221,155 shares during the period. Summit Partners Public Asset Management LLC boosted its position in JFrog by 77.8% during the 4th quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company’s stock valued at $99,157,000 after purchasing an additional 694,700 shares during the period. Dana Investment Advisors Inc. bought a new position in JFrog during the 4th quarter worth $2,013,000. Robeco Schweiz AG bought a new position in JFrog during the 4th quarter worth $11,293,000. Finally, AMJ Financial Wealth Management acquired a new stake in JFrog in the fourth quarter worth $4,077,000. 85.02% of the stock is owned by institutional investors.

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.