OMERS ADMINISTRATION Corp purchased a new stake in shares of JFrog Ltd. (NASDAQ:FROG – Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,600 shares of the company’s stock, valued at approximately $310,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Millstone Evans Group LLC boosted its position in shares of JFrog by 242.6% in the first 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 period. Blue Trust Inc. bought a new stake in JFrog during the 4th quarter worth approximately $30,000. Bessemer Group Inc. bought a new stake in JFrog during the 1st quarter worth approximately $36,000. Farther Finance Advisors LLC increased its holdings in JFrog by 318.7% during the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock worth $39,000 after acquiring an additional 478 shares during the period. Finally, Employees Retirement System of Texas purchased a new stake in JFrog in the 4th quarter worth approximately $44,000. 85.02% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at JFrog
In related news, Director Barry Zwarenstein sold 1,250 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $80.10, for a total value of $100,125.00. Following the transaction, the director owned 31,687 shares of the company’s stock, valued at $2,538,128.70. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Eduard Grabscheid sold 5,654 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $84.69, for a total value of $478,837.26. Following the sale, the chief financial officer owned 209,658 shares in the company, valued at $17,755,936.02. The trade was a 2.63% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 963,649 shares of company stock worth $77,654,577 in the last three months. 11.80% of the stock is owned by insiders.
JFrog Price Performance
JFrog (NASDAQ:FROG – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The business’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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, research analysts anticipate that JFrog Ltd. will post -0.15 earnings per share for the current year.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Raymond James Financial reissued an “outperform” rating on shares of JFrog in a report on Wednesday, July 22nd. Truist Financial upped their price target on shares of JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. UBS Group increased their price objective on JFrog from $92.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research note on Friday, July 17th. Finally, DA Davidson set a $90.00 target price on JFrog in a research report on Friday, May 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.86.
View Our Latest Stock Analysis on JFrog
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.
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