Blair William & Co. IL Has $13.26 Million Stake in JFrog Ltd. $FROG

Blair William & Co. IL raised its stake in shares of JFrog Ltd. (NASDAQ:FROG) by 1.6% in the second quarter, Holdings Channel.com reports. The firm owned 302,145 shares of the company’s stock after buying an additional 4,711 shares during the period. Blair William & Co. IL’s holdings in JFrog were worth $13,258,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its stake in JFrog by 32.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company’s stock valued at $43,000 after purchasing an additional 329 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of JFrog by 4.6% in the 2nd quarter. Park Avenue Securities LLC now owns 9,155 shares of the company’s stock worth $402,000 after buying an additional 405 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of JFrog by 10.2% in the 1st quarter. IFP Advisors Inc now owns 5,923 shares of the company’s stock worth $190,000 after buying an additional 548 shares during the last quarter. Signaturefd LLC boosted its stake in shares of JFrog by 90.9% in the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company’s stock worth $40,000 after buying an additional 597 shares during the last quarter. Finally, Probity Advisors Inc. boosted its stake in shares of JFrog by 10.3% in the 1st quarter. Probity Advisors Inc. now owns 8,326 shares of the company’s stock worth $266,000 after buying an additional 775 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

JFrog Trading Down 3.8%

JFrog stock opened at $46.01 on Friday. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $51.94. The business’s 50 day simple moving average is $47.20 and its 200 day simple moving average is $41.54. The company has a market cap of $5.37 billion, a price-to-earnings ratio of -59.75 and a beta of 1.05.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The business had revenue of $127.20 million for the quarter, compared to the consensus estimate of $122.80 million. During the same quarter in the prior year, the business earned $0.15 earnings per share. JFrog’s revenue for the quarter was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, equities research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

Insider Buying and Selling at JFrog

In other JFrog news, Director Frederic Simon sold 35,000 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $50.01, for a total transaction of $1,750,350.00. Following the sale, the director owned 4,119,903 shares of the company’s stock, valued at $206,036,349.03. The trade was a 0.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Eduard Grabscheid sold 4,908 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $47.29, for a total transaction of $232,099.32. Following the sale, the chief financial officer directly owned 136,165 shares in the company, valued at $6,439,242.85. The trade was a 3.48% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 445,120 shares of company stock worth $21,375,827. Company insiders own 14.10% of the company’s stock.

Analysts Set New Price Targets

FROG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on JFrog from $48.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 24th. Cantor Fitzgerald restated an “overweight” rating and issued a $60.00 target price on shares of JFrog in a research note on Monday, September 15th. Barclays boosted their target price on JFrog from $45.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Canaccord Genuity Group boosted their target price on JFrog from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, September 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $55.00 target price on shares of JFrog in a research note on Wednesday, September 10th. Fifteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $51.69.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.