JFrog (NASDAQ:FROG) Reaches New 12-Month High – Here’s Why

JFrog Ltd. (NASDAQ:FROG) shares reached a new 52-week high on Monday . The stock traded as high as $96.96 and last traded at $96.9140, with a volume of 220992 shares traded. The stock had previously closed at $94.81.

Analyst Ratings Changes

A number of research firms recently commented on FROG. Barclays upped their price objective on shares of JFrog from $75.00 to $88.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. UBS Group boosted their target price on JFrog from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus increased their price target on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, TD Cowen lifted their price objective on JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Twenty-one 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. Based on data from MarketBeat.com, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $82.48.

JFrog Trading Up 2.5%

The firm’s 50 day simple moving average is $73.43 and its 200-day simple moving average is $58.94. The stock has a market capitalization of $11.78 billion, a price-to-earnings ratio of -184.30 and a beta of 1.20.

JFrog (NASDAQ:FROG) last posted 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 company had revenue of $153.98 million during the quarter, compared to the consensus estimate of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The company’s quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the business posted $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, equities research analysts predict that JFrog Ltd. will post -0.15 earnings per share for the current year.

Insider Activity at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $84.60, for a total value of $7,873,891.20. Following the completion of the transaction, the chief executive officer directly owned 4,658,236 shares in the company, valued at $394,086,765.60. This trade represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $13,498,500.00. Following the completion of the transaction, the chief technology officer owned 5,539,038 shares of the company’s stock, valued at approximately $498,458,029.62. This 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 ninety days, insiders sold 941,699 shares of company stock valued at $74,009,302. Insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the period. Cubist Systematic Strategies LLC bought a new position in JFrog during the first quarter worth about $205,000. AQR Capital Management LLC bought a new position in JFrog during the first quarter worth about $368,000. Integrated Wealth Concepts LLC acquired a new position in JFrog during the first quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. increased its position in JFrog by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock worth $22,173,000 after buying an additional 88,784 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

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.