Sumitomo Mitsui Trust Group Inc. Raises Position in JFrog Ltd. $FROG

Sumitomo Mitsui Trust Group Inc. grew its stake in JFrog Ltd. (NASDAQ:FROG) by 48.1% during the first quarter, Holdings Channel reports. The firm owned 1,592,386 shares of the company’s stock after purchasing an additional 517,291 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in JFrog were worth $74,731,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Wasatch Advisors LP grew its holdings in JFrog by 187.4% during the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after buying an additional 2,710,167 shares in the last quarter. Whale Rock Capital Management LLC lifted its stake in 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 acquiring an additional 2,389,415 shares in the last quarter. Invesco Ltd. lifted its stake in JFrog by 6,868.3% during the 4th quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after acquiring an additional 2,073,876 shares in the last quarter. Swedbank AB purchased a new position in JFrog during the 1st quarter worth $78,872,000. Finally, Anatole Investment Management Ltd purchased a new position in JFrog during the 4th quarter worth $86,557,000. Institutional investors own 85.02% of the company’s stock.

Insider Activity

In related news, CEO Ben Haim Shlomi sold 93,072 shares of the company’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 value of $7,873,891.20. Following the transaction, the chief executive officer owned 4,658,236 shares in the company, valued at approximately $394,086,765.60. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 stock in a transaction 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 of the company’s stock, valued at approximately $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 917,399 shares of company stock valued at $73,629,102 in the last three months. Company insiders own 11.80% of the company’s stock.

JFrog Trading Down 5.0%

Shares of NASDAQ:FROG traded down $4.76 during midday trading on Friday, reaching $90.74. The company had a trading volume of 1,849,932 shares, compared to its average volume of 3,453,375. The company’s 50 day moving average price is $78.35 and its 200 day moving average price is $60.01. The stock has a market cap of $10.99 billion, a P/E ratio of -171.21 and a beta of 1.20. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $99.22.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to the consensus estimate of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The firm’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 earnings per share. 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 forecast that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

JFrog News Summary

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Truist raised its price target on JFrog to $105 from $80 and reiterated a Buy rating, reinforcing bullish analyst sentiment. JFrog (NASDAQ:FROG) Price Target Raised to $105.00 at Truist Financial
• Positive Sentiment: JFrog continues to benefit from strong analyst support overall, with recent buy ratings and multiple higher price targets suggesting expectations remain constructive. 2 Tech stocks getting bullish upgrades ahead of Q1
• Neutral Sentiment: CTO Yoav Landman sold 700 shares under a pre-arranged 10b5-1 plan, a small transaction that may still weigh on sentiment because JFrog insiders have been active sellers recently. Yoav Landman Sells 700 Shares of JFrog (NASDAQ:FROG) Stock
• Neutral Sentiment: Short interest jumped sharply in June to 10.85 million shares, or about 10.2% of the float, showing that bearish bets have increased even though the days-to-cover ratio remains moderate.
• Neutral Sentiment: July short-interest data showed 0 shares reported, which appears to be a data anomaly and does not provide a reliable new signal for investors.
• Negative Sentiment: The latest insider sale and recent history of heavy insider selling may be pressuring the stock, especially after a strong move higher in recent months. JFrog Falls 5% as Fresh Negative Catalyst Appears Limited

Analyst Ratings Changes

Several brokerages have recently commented on FROG. Guggenheim increased their target price on shares of JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 8th. Truist Financial boosted their price target on shares of JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research note on Tuesday, April 21st. Finally, Citigroup reissued a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Twenty-one analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $83.67.

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.