JFrog Ltd. $FROG Stock Holdings Increased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 904,403 shares of the company’s stock after buying an additional 9,520 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in JFrog were worth $87,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Millstone Evans Group LLC increased its holdings 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 acquiring an additional 427 shares during the last quarter. Western Wealth Management LLC purchased a new stake in JFrog during the first quarter worth approximately $30,000. Bessemer Group Inc. purchased a new stake in JFrog during the first quarter worth approximately $36,000. Allworth Financial LP lifted its stake in JFrog by 83.1% during the second quarter. Allworth Financial LP now owns 648 shares of the company’s stock worth $59,000 after purchasing an additional 294 shares during the last quarter. Finally, GK Wealth Management LLC acquired a new position in JFrog in the third quarter valued at approximately $74,000. 85.02% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at JFrog

In other news, CRO Tali Notman sold 19,157 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $90.51, for a total transaction of $1,733,900.07. Following the transaction, the executive directly owned 687,472 shares in the company, valued at approximately $62,223,090.72. This trade represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $93.21, for a total transaction of $11,185,200.00. Following the completion of the transaction, the director directly owned 2,864,328 shares in the company, valued at $266,984,012.88. The trade was a 4.02% 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 three months, insiders have sold 915,453 shares of company stock valued at $86,664,266. 11.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on FROG shares. Raymond James Financial set a $120.00 price target on shares of JFrog in a research note on Friday, August 7th. Truist Financial upped their target price on shares of JFrog from $110.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. BTIG Research reaffirmed a “buy” rating and issued a $115.00 target price on shares of JFrog in a research report on Friday, September 4th. Guggenheim lifted their price target on shares of JFrog from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $115.00 price target on shares of JFrog in a research note on Thursday, September 3rd. Twenty-one 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.95.

JFrog Stock Down 9.8%

Shares of NASDAQ FROG opened at $85.11 on Tuesday. The business has a 50-day moving average price of $93.94 and a 200 day moving average price of $71.97. The stock has a market cap of $10.49 billion, a PE ratio of -230.02 and a beta of 1.24. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $105.76.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The firm’s revenue was up 28.7% compared to the same quarter last year. 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 year.

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.