Grandeur Peak Global Advisors LLC Sells 31,512 Shares of JFrog Ltd. $FROG

Grandeur Peak Global Advisors LLC cut its position in JFrog Ltd. (NASDAQ:FROG) by 31.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,897 shares of the company’s stock after selling 31,512 shares during the period. JFrog comprises about 1.5% of Grandeur Peak Global Advisors LLC’s portfolio, making the stock its 13th largest position. Grandeur Peak Global Advisors LLC owned approximately 0.06% of JFrog worth $6,170,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Millstone Evans Group LLC increased its position in shares of 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 in the last quarter. Western Wealth Management LLC acquired a new stake in JFrog during the 1st quarter worth $30,000. Bessemer Group Inc. bought a new position in JFrog during the first quarter worth about $36,000. Farther Finance Advisors LLC lifted its holdings in JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 478 shares in the last quarter. Finally, Employees Retirement System of Texas acquired a new position in JFrog in the fourth quarter valued at about $44,000. 85.02% of the stock is owned by institutional investors.

JFrog Price Performance

FROG opened at $98.74 on Monday. The company has a market capitalization of $12.17 billion, a price-to-earnings ratio of -266.86 and a beta of 1.22. The business’s 50-day moving average price is $88.09 and its two-hundred day moving average price is $67.14. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $105.76.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $163.77 million during the quarter, compared to analysts’ expectations of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.JFrog’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.18 earnings per share. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. Sell-side analysts anticipate that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

Insider Transactions at JFrog

In other news, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $89.99, for a total transaction of $13,498,500.00. Following the completion of the transaction, the chief technology officer directly owned 5,539,038 shares of the company’s stock, valued at $498,458,029.62. This trade represents a 2.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the transaction, the director directly owned 2,984,328 shares of the company’s stock, valued at $271,156,042.08. This represents a 3.87% 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. In the last 90 days, insiders sold 655,334 shares of company stock worth $58,138,537. Insiders own 11.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FROG. JPMorgan Chase & Co. increased their price target on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Raymond James Financial set a $120.00 price objective on JFrog in a report on Friday, August 7th. Piper Sandler boosted their price objective on JFrog from $65.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. BTIG Research increased their target price on JFrog from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada began coverage on shares of JFrog in a research note on Tuesday, August 25th. They issued an “outperform” rating and a $118.00 price target on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $106.36.

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.