JFrog (NASDAQ:FROG) Shares Gap Down – Here’s Why

JFrog Ltd. (NASDAQ:FROG)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $90.43, but opened at $86.54. JFrog shares last traded at $84.6980, with a volume of 311,119 shares traded.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Truist Financial lifted their target price on shares of JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, July 9th. TD Cowen increased their price target on shares of JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Guggenheim raised their price objective on shares of JFrog from $80.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Citigroup restated a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Finally, Benchmark assumed coverage on JFrog in a report on Thursday, June 25th. They issued a “buy” rating and a $100.00 price objective on the stock. 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 company’s stock. According to data from MarketBeat, JFrog presently has an average rating of “Moderate Buy” and a consensus target price of $86.76.

JFrog Price Performance

The company has a market capitalization of $9.65 billion, a PE ratio of -150.34 and a beta of 1.20. The stock has a 50-day simple moving average of $82.82 and a 200 day simple moving average of $61.24.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results 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. The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter last year, the business 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. As a group, research analysts predict that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20. Following the sale, the chief executive officer owned 4,658,236 shares of the company’s stock, valued at $394,086,765.60. This represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the completion of the sale, the director owned 3,224,328 shares in the company, valued at $276,776,315.52. This represents a 3.59% decrease in their ownership of the stock. 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. In the last three months, insiders sold 917,399 shares of company stock worth $73,629,102. 11.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On JFrog

Institutional investors and hedge funds have recently bought and sold shares of the stock. Millstone Evans Group LLC increased its position in 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 buying an additional 427 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of JFrog in the fourth quarter valued at $30,000. Western Wealth Management LLC purchased a new stake in shares of JFrog in the first quarter valued at $30,000. Bessemer Group Inc. acquired a new stake in shares of JFrog during the first quarter valued at $36,000. Finally, Farther Finance Advisors LLC increased its position in JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after purchasing an additional 478 shares in the last quarter. 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.