Lazard Asset Management LLC Has $80.53 Million Position in JFrog Ltd. $FROG

Lazard Asset Management LLC lifted its stake in JFrog Ltd. (NASDAQ:FROG) by 41.9% in the first quarter, HoldingsChannel.com reports. The firm owned 1,716,050 shares of the company’s stock after purchasing an additional 506,366 shares during the quarter. Lazard Asset Management LLC’s holdings in JFrog were worth $80,534,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Millstone Evans Group LLC boosted its position in JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock valued at $28,000 after buying an additional 427 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of JFrog during the fourth quarter worth $30,000. Bessemer Group Inc. bought a new stake in shares of JFrog during the first quarter worth $36,000. Farther Finance Advisors LLC lifted its stake in shares of JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after acquiring an additional 478 shares during the period. Finally, Employees Retirement System of Texas acquired a new position in shares of JFrog during the fourth quarter valued at $44,000. Institutional investors own 85.02% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on FROG. Raymond James Financial reiterated an “outperform” rating on shares of JFrog in a report on Wednesday, July 22nd. Morgan Stanley reissued an “overweight” rating and set a $80.00 price objective on shares of JFrog in a report on Friday, May 8th. Stifel Nicolaus upped their target price on shares of JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Needham & Company LLC raised their target price on shares of JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, BTIG Research lifted their price target on shares of JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $87.90.

JFrog Stock Up 1.3%

NASDAQ:FROG opened at $81.23 on Tuesday. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $99.22. The firm has a market capitalization of $9.84 billion, a P/E ratio of -153.26 and a beta of 1.20. The stock’s fifty day simple moving average is $83.69 and its 200-day simple moving average is $61.70.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.27 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 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 firm’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, equities research analysts expect that JFrog Ltd. will post -0.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Frederic Simon sold 120,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the completion of the transaction, the director directly owned 3,224,328 shares in the company, valued at approximately $276,776,315.52. The trade was a 3.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 value of $13,498,500.00. Following the completion of the sale, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 917,399 shares of company stock worth $73,629,102. Insiders own 11.80% of the company’s stock.

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.