Granite Investment Partners LLC Boosts Stake in JFrog Ltd. $FROG

Granite Investment Partners LLC lifted its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 19.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 89,397 shares of the company’s stock after acquiring an additional 14,368 shares during the period. Granite Investment Partners LLC’s holdings in JFrog were worth $4,195,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in JFrog by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock worth $593,734,000 after purchasing an additional 362,654 shares during the last quarter. Whale Rock Capital Management LLC increased its position in shares of JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares during the last quarter. Wasatch Advisors LP raised its holdings in shares of JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock valued at $195,043,000 after buying an additional 2,710,167 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of JFrog by 30.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after buying an additional 633,231 shares in the last quarter. Finally, Fiera Capital Corp lifted its position in JFrog by 37.5% in the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock worth $140,750,000 after buying an additional 614,383 shares during the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on FROG shares. DA Davidson set a $90.00 price target on shares of JFrog in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their price objective on shares of JFrog from $68.00 to $76.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a research note on Tuesday, April 21st. UBS Group increased their target price on shares of JFrog from $92.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Finally, Truist Financial lifted their target price on shares of JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.67.

JFrog Stock Performance

NASDAQ:FROG opened at $95.50 on Friday. The firm has a market cap of $11.57 billion, a PE ratio of -180.19 and a beta of 1.20. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $99.22. The business has a 50 day moving average price of $77.46 and a 200-day moving average price of $59.79.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same quarter last year, the business earned $0.20 earnings per share. The business’s 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. Research analysts predict that JFrog Ltd. will post -0.15 EPS for the current year.

Insiders Place Their Bets

In other JFrog news, CTO Yoav Landman sold 700 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $99.00, for a total value of $69,300.00. Following the sale, the chief technology officer owned 5,538,338 shares of the company’s stock, valued at $548,295,462. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 65,999 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $90.03, for a total transaction of $5,941,889.97. Following the completion of the transaction, the chief executive officer owned 4,592,237 shares in the company, valued at $413,439,097.11. The trade was a 1.42% 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. Over the last 90 days, insiders have sold 902,399 shares of company stock worth $72,213,552. 11.80% of the stock is currently owned by insiders.

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.