JFrog (NASDAQ:FROG) Shares Down 3.1% – What’s Next?

JFrog Ltd. (NASDAQ:FROG) shares dropped 3.1% during trading on Friday . The stock traded as low as $86.04 and last traded at $86.91. Approximately 169,237 shares traded hands during trading, a decline of 94% from the average session volume of 2,960,687 shares. The stock had previously closed at $89.72.

Analyst Ratings Changes

Several brokerages recently issued reports on FROG. Wall Street Zen upgraded JFrog from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Cantor Fitzgerald lifted their price objective on JFrog from $80.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Raymond James Financial set a $120.00 target price on JFrog in a research report on Friday, August 7th. JPMorgan Chase & Co. increased their target price on JFrog from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Bank of America boosted their price target on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Twenty-one equities research 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.81.

JFrog Stock Up 1.1%

The firm has a 50 day simple moving average of $86.41 and a two-hundred day simple moving average of $65.30. The stock has a market capitalization of $11.18 billion, a P/E ratio of -245.07 and a beta of 1.22.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $155.63 million. During the same quarter in the previous year, the firm earned $0.18 EPS. JFrog’s revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, research analysts predict that JFrog Ltd. will post -0.11 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Frederic Simon sold 120,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the completion of the transaction, the director owned 3,224,328 shares of the company’s stock, valued at approximately $276,776,315.52. This represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $13,498,500.00. Following the completion of the sale, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. The trade was a 2.64% 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. Over the last 90 days, insiders sold 924,097 shares of company stock valued at $80,245,512. 11.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FROG. Royal Bank of Canada increased its holdings in JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock worth $6,053,000 after purchasing an additional 61,685 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of JFrog during the first quarter valued at about $205,000. AQR Capital Management LLC bought a new stake in shares of JFrog during the first quarter worth about $368,000. Integrated Wealth Concepts LLC bought a new stake in shares of JFrog during the first quarter worth about $203,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of JFrog by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after buying an additional 88,784 shares during the period. 85.02% of the stock is currently owned by institutional investors.

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.