Wasatch Advisors LP Has $260.95 Million Stock Holdings in JFrog Ltd. $FROG

Wasatch Advisors LP trimmed its position in shares of JFrog Ltd. (NASDAQ:FROG) by 30.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,871,348 shares of the company’s stock after selling 1,284,685 shares during the period. JFrog comprises approximately 1.7% of Wasatch Advisors LP’s portfolio, making the stock its 13th biggest holding. Wasatch Advisors LP owned about 2.37% of JFrog worth $260,948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Millstone Evans Group LLC increased its position in JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of JFrog during the 1st quarter worth about $30,000. Bessemer Group Inc. acquired a new stake in shares of JFrog during the 1st quarter valued at about $36,000. Farther Finance Advisors LLC lifted its holdings in shares of JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 478 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new stake in shares of JFrog in the 4th quarter valued at approximately $44,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insider Activity

In other news, Director Barry Zwarenstein sold 1,250 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total value of $100,125.00. Following the sale, the director directly owned 31,687 shares of the company’s stock, valued at approximately $2,538,128.70. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 15,000 shares of JFrog stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00. Following the completion of the transaction, the chief executive officer owned 4,562,237 shares in the company, valued at $415,163,567. The trade was a 0.33% 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. Insiders have sold 953,649 shares of company stock valued at $77,712,827 over the last three months. 11.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FROG shares. Citigroup reaffirmed a “buy” rating on shares of JFrog in a research report on Monday, June 8th. Piper Sandler boosted their target price on shares of JFrog from $65.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. TD Cowen increased their price target on shares of JFrog from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday. Barclays reaffirmed an “overweight” rating and issued a $110.00 price objective on shares of JFrog in a research note on Friday. Finally, KeyCorp upped their price objective on shares of JFrog from $89.00 to $114.00 and gave the stock an “overweight” rating in a report on Friday. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, JFrog has an average rating of “Moderate Buy” and an average price target of $105.81.

JFrog Trading Down 2.3%

Shares of JFrog stock opened at $86.10 on Wednesday. The firm has a fifty day simple moving average of $85.11 and a 200-day simple moving average of $63.61. JFrog Ltd. has a 1-year low of $34.05 and a 1-year high of $99.22. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of -232.70 and a beta of 1.22.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.76%. JFrog’s revenue was up 28.7% compared to the same quarter last year. During the same period last year, the business posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, research analysts predict that JFrog Ltd. will post -0.15 earnings per share for the current year.

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.