JFrog (NASDAQ:FROG) Reaches New 1-Year High – Here’s Why

JFrog Ltd. (NASDAQ:FROG) reached a new 52-week high on Thursday . The stock traded as high as $100.43 and last traded at $101.8040, with a volume of 365956 shares trading hands. The stock had previously closed at $92.80.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on FROG shares. Wall Street Zen cut JFrog from a “buy” rating to a “hold” rating in a report on Sunday, August 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a report on Friday, July 17th. Bank of America raised their price target on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Morgan Stanley set a $100.00 price target on JFrog in a research note on Friday, August 7th. Finally, Truist Financial boosted their price objective on shares of JFrog from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Twenty-two 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $106.36.

JFrog Stock Performance

The business has a fifty day simple moving average of $88.09 and a 200 day simple moving average of $67.03. The stock has a market cap of $12.17 billion, a price-to-earnings ratio of -266.86 and a beta of 1.22.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share 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 period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue for the quarter was up 28.7% compared to the same quarter last year. 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, equities research analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ben Haim Shlomi sold 15,000 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $91.00, for a total value of $1,365,000.00. Following the completion of the transaction, the chief executive officer owned 4,562,237 shares of the company’s stock, valued at approximately $415,163,567. The trade was a 0.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the completion of the transaction, the director owned 2,984,328 shares in the company, valued at approximately $271,156,042.08. This trade represents a 3.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 875,334 shares of company stock worth $76,586,337. 11.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On JFrog

Institutional investors and hedge funds have recently modified their holdings of the company. Snowden Capital Advisors LLC grew its stake in JFrog by 1.7% in the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after acquiring an additional 253 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of JFrog by 2.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company’s stock worth $948,000 after purchasing an additional 299 shares during the period. Praxis Investment Management Inc. lifted its stake in shares of JFrog by 8.0% during the 1st quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company’s stock worth $208,000 after purchasing an additional 330 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of JFrog by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company’s stock worth $326,000 after purchasing an additional 377 shares during the last quarter. Finally, Millstone Evans Group LLC boosted its holdings in shares of JFrog by 242.6% during the first quarter. Millstone Evans Group LLC now owns 603 shares of the company’s stock worth $28,000 after purchasing an additional 427 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

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.