JFrog (NASDAQ:FROG) Shares Gap Up Following Analyst Upgrade

JFrog Ltd. (NASDAQ:FROG)’s share price gapped up prior to trading on Tuesday after UBS Group upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $42.64, but opened at $44.27. UBS Group now has a $60.00 price target on the stock. JFrog shares last traded at $43.5850, with a volume of 477,276 shares.

FROG has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a report on Thursday, January 22nd. Morgan Stanley set a $70.00 target price on JFrog in a research report on Monday, February 23rd. KeyCorp upped their target price on shares of JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. William Blair reaffirmed an “outperform” rating on shares of JFrog in a report on Monday, February 23rd. Finally, DA Davidson reduced their price target on shares of JFrog from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Eighteen 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 stock presently has an average rating of “Moderate Buy” and an average target price of $67.05.

Insider Activity

In related news, CEO Ben Haim Shlomi sold 25,363 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $41.50, for a total value of $1,052,564.50. Following the transaction, the chief executive officer owned 4,790,249 shares of the company’s stock, valued at approximately $198,795,333.50. This trade represents a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Frederic Simon sold 10,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $42.08, for a total transaction of $420,800.00. Following the completion of the transaction, the director owned 3,558,286 shares in the company, valued at $149,732,674.88. The trade was a 0.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 351,960 shares of company stock worth $17,367,657. Company insiders own 14.10% of the company’s stock.

Institutional Trading of JFrog

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Hsbc Holdings PLC bought a new position in JFrog in the 4th quarter worth $678,000. Rockefeller Capital Management L.P. raised its holdings in JFrog by 50.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 22,507 shares of the company’s stock valued at $1,406,000 after acquiring an additional 7,498 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in JFrog by 12,566.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after acquiring an additional 754 shares during the period. Virtu Financial LLC lifted its position in shares of JFrog by 59.7% in the fourth quarter. Virtu Financial LLC now owns 10,163 shares of the company’s stock valued at $635,000 after acquiring an additional 3,798 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock valued at $131,420,000 after acquiring an additional 2,073,876 shares in the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Stock Up 2.0%

The business has a 50 day moving average price of $48.34 and a two-hundred day moving average price of $53.21. The stock has a market cap of $5.20 billion, a P/E ratio of -69.74 and a beta of 1.20.

JFrog (NASDAQ:FROG) last issued its earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The company had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. During the same quarter last year, the company earned $0.19 EPS. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current year.

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.