State of Wyoming Sells 7,844 Shares of JFrog Ltd. $FROG

State of Wyoming cut its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 90.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 783 shares of the company’s stock after selling 7,844 shares during the quarter. State of Wyoming’s holdings in JFrog were worth $37,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FROG. First Trust Advisors LP grew its holdings in shares of JFrog by 85,066.4% during the 1st quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares during the last quarter. Wasatch Advisors LP lifted its stake in JFrog by 187.4% in the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the last quarter. Whale Rock Capital Management LLC lifted its stake in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares during the last quarter. Invesco Ltd. lifted its stake in JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after purchasing an additional 2,073,876 shares during the last quarter. Finally, Swedbank AB purchased a new stake in JFrog during the first quarter valued at about $78,872,000. 85.02% of the stock is currently owned by institutional investors.

Insider Activity at JFrog

In other news, CEO Ben Haim Shlomi sold 93,072 shares of the firm’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 completion of the sale, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at approximately $394,086,765.60. This trade represents a 1.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 JFrog stock in a transaction dated 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 sale, the director directly owned 3,224,328 shares in the company, valued at $276,776,315.52. The trade was a 3.59% decrease in their position. 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 a total of 938,649 shares of company stock worth $76,347,827 over the last quarter. 11.80% of the stock is owned by corporate insiders.

JFrog Trading Up 4.7%

Shares of NASDAQ:FROG opened at $86.30 on Wednesday. The company has a 50-day moving average price of $84.49 and a 200-day moving average price of $62.55. The company has a market cap of $10.45 billion, a price-to-earnings ratio of -162.83 and a beta of 1.22. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $99.22.

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FROG shares. JPMorgan Chase & Co. raised their price objective on JFrog from $76.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. DA Davidson set a $90.00 target price on JFrog in a report on Friday, May 8th. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. TD Cowen raised their price target on JFrog from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Barclays lifted their price target on JFrog from $75.00 to $88.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and a consensus price target of $91.19.

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.