JFrog Ltd. $FROG Shares Sold by Ashford Capital Management Inc.

Ashford Capital Management Inc. trimmed its holdings in JFrog Ltd. (NASDAQ:FROG) by 7.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,118 shares of the company’s stock after selling 23,000 shares during the quarter. JFrog comprises 1.7% of Ashford Capital Management Inc.’s portfolio, making the stock its 24th largest holding. Ashford Capital Management Inc.’s holdings in JFrog were worth $13,428,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in JFrog by 4.0% during the 4th quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock worth $593,734,000 after acquiring an additional 362,654 shares during the period. Whale Rock Capital Management LLC raised its stake in shares of JFrog by 82.2% during the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock valued at $330,901,000 after purchasing an additional 2,389,415 shares in the last quarter. Wasatch Advisors LP lifted its holdings in JFrog by 187.4% in the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the period. First Trust Advisors LP lifted its holdings in JFrog by 85,066.4% in the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock worth $157,796,000 after purchasing an additional 3,358,422 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in JFrog by 30.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after buying an additional 633,231 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction on Monday, June 29th. The stock was 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 directly owned 5,539,038 shares of the company’s stock, valued at $498,458,029.62. This trade represents a 2.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Monday, June 1st. The stock was 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 in the company, valued at $276,776,315.52. The trade was a 3.59% 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 have sold 917,399 shares of company stock worth $73,629,102. 11.80% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on FROG. JPMorgan Chase & Co. raised their target price on shares of JFrog from $76.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday. Needham & Company LLC raised their price objective on shares of JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Citigroup reissued a “buy” rating on shares of JFrog in a report on Monday, June 8th. Truist Financial upped their target price on JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, UBS Group increased their price target on JFrog from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.90.

JFrog Trading Up 1.3%

NASDAQ:FROG opened at $81.23 on Tuesday. The company has a 50-day moving average of $83.69 and a 200-day moving average of $61.70. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of -153.26 and a beta of 1.20. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $99.22.

JFrog (NASDAQ:FROG) last released its 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. JFrog had a negative net margin of 10.93% and a negative return on equity of 4.61%. The business had revenue of $153.98 million for the quarter, compared to the consensus estimate of $147.45 million. During the same period in the previous year, the firm earned $0.20 EPS. The business’s revenue for the quarter was up 25.8% on a year-over-year basis. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.15 earnings per share for the current year.

JFrog Company 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.