JFrog (NASDAQ:FROG) Director Elisa Steele Sells 684 Shares

JFrog Ltd. (NASDAQ:FROG) Director Elisa Steele sold 684 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $72.40, for a total value of $49,521.60. Following the sale, the director directly owned 24,304 shares of the company’s stock, valued at $1,759,609.60. The trade was a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

JFrog Stock Up 3.6%

NASDAQ FROG traded up $2.55 during mid-day trading on Friday, hitting $73.99. The stock had a trading volume of 2,148,039 shares, compared to its average volume of 3,115,759. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $74.17. The company has a market cap of $8.96 billion, a price-to-earnings ratio of -139.60 and a beta of 1.02. The company has a 50 day simple moving average of $50.39 and a 200 day simple moving average of $54.21.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The firm had revenue of $153.98 million during the quarter, compared to the consensus estimate of $147.45 million. During the same period last year, the business posted $0.20 EPS. JFrog’s quarterly revenue was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. As a group, equities analysts anticipate that JFrog Ltd. will post -0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On JFrog

A number of large investors have recently bought and sold shares of FROG. Verdence Capital Advisors LLC boosted its holdings in shares of JFrog by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock worth $481,000 after purchasing an additional 253 shares during the last quarter. Snowden Capital Advisors LLC boosted its holdings in shares of JFrog by 1.7% during the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after purchasing an additional 253 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of JFrog by 3.1% during the fourth quarter. Park Avenue Securities LLC now owns 9,362 shares of the company’s stock worth $585,000 after purchasing an additional 279 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of JFrog by 2.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company’s stock worth $948,000 after purchasing an additional 299 shares during the last quarter. Finally, Praxis Investment Management Inc. boosted its holdings in shares of JFrog by 8.0% during the first quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock worth $208,000 after purchasing an additional 330 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Analyst Upgrades and Downgrades

FROG has been the subject of several research analyst reports. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. UBS Group raised their price objective on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. increased their target price on JFrog from $68.00 to $76.00 and gave the company an “overweight” rating in a report on Friday, May 8th. TD Cowen lowered their target price on JFrog from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Stifel Nicolaus lowered their target price on JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Eighteen research 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 MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $74.89.

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.