Pier Capital LLC Cuts Position in JFrog Ltd. $FROG

Pier Capital LLC trimmed its stake in JFrog Ltd. (NASDAQ:FROG) by 62.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 107,390 shares of the company’s stock after selling 181,022 shares during the period. Pier Capital LLC owned 0.09% of JFrog worth $5,083,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd purchased a new position in JFrog in the third quarter valued at about $56,000. Wilmington Savings Fund Society FSB lifted its position in shares of JFrog by 1,086.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after buying an additional 1,152 shares during the last quarter. RiverPark Advisors LLC purchased a new stake in shares of JFrog during the third quarter valued at about $103,000. Tower Research Capital LLC TRC boosted its holdings in shares of JFrog by 7,185.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after buying an additional 2,946 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of JFrog in the 2nd quarter valued at about $136,000. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on FROG shares. BTIG Research reduced their price objective on shares of JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, February 13th. DA Davidson lowered their target price 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFrog in a report on Thursday, January 22nd. Piper Sandler reduced their price target on JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $80.00 price objective on shares of JFrog in a report on Wednesday, February 4th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.42.

Insider Transactions at JFrog

In related news, CEO Ben Haim Shlomi sold 71,841 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total value of $2,884,416.15. Following the completion of the transaction, the chief executive officer owned 4,815,612 shares in the company, valued at $193,346,821.80. This trade represents a 1.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Tali Notman sold 21,097 shares of JFrog stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $41.28, for a total value of $870,884.16. Following the sale, the executive directly owned 752,598 shares of the company’s stock, valued at approximately $31,067,245.44. This represents a 2.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 351,960 shares of company stock worth $17,367,657 over the last 90 days. Insiders own 14.10% of the company’s stock.

JFrog Stock Up 0.1%

FROG stock opened at $41.89 on Friday. The stock has a market capitalization of $5.01 billion, a PE ratio of -67.56 and a beta of 1.20. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $70.43. The firm has a 50 day moving average of $50.69 and a 200 day moving average of $53.41.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $145.31 million for the quarter, compared to analyst estimates of $138.09 million. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. JFrog’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 EPS. 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, equities research analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current year.

JFrog Profile

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.