JFrog Ltd. $FROG Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas grew its position in JFrog Ltd. (NASDAQ:FROG) by 47.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,968 shares of the company’s stock after purchasing an additional 18,692 shares during the quarter. Teacher Retirement System of Texas’ holdings in JFrog were worth $2,744,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FROG. Bailard Inc. purchased a new position in JFrog during the 3rd quarter worth $208,000. Verdence Capital Advisors LLC grew its stake in shares of JFrog by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock worth $481,000 after acquiring an additional 253 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of JFrog during the third quarter worth about $224,000. Wilmington Savings Fund Society FSB increased its holdings 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 acquiring an additional 1,152 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of JFrog in the 3rd quarter valued at approximately $51,443,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Insider Buying and Selling

In other news, CRO Tali Notman sold 13,357 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $64.80, for a total transaction of $865,533.60. Following the completion of the transaction, the executive directly owned 631,325 shares of the company’s stock, valued at $40,909,860. This represents a 2.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Frederic Simon sold 100,000 shares of JFrog stock in a transaction on Friday, November 7th. The shares were sold at an average price of $58.84, for a total transaction of $5,884,000.00. Following the completion of the sale, the director directly owned 3,984,903 shares in the company, valued at $234,471,692.52. This represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 497,814 shares of company stock worth $30,245,410 in the last ninety days. 14.10% of the stock is owned by corporate insiders.

JFrog Trading Down 7.7%

JFrog stock opened at $55.43 on Friday. The firm has a market cap of $6.56 billion, a PE ratio of -79.19 and a beta of 1.13. JFrog Ltd. has a 12 month low of $27.00 and a 12 month high of $70.43. The stock’s 50 day simple moving average is $62.01 and its two-hundred day simple moving average is $52.79.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. The firm had revenue of $136.91 million during the quarter, compared to analysts’ expectations of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. The business’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. On average, equities research analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research report on Thursday, January 22nd. Barclays lifted their price objective on shares of JFrog from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Cantor Fitzgerald upped their target price on JFrog from $70.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Oppenheimer upgraded JFrog from a “market perform” rating to an “outperform” rating and set a $75.00 target price for the company in a research note on Friday, November 7th. Finally, UBS Group reiterated a “neutral” rating on shares of JFrog in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, JFrog has a consensus rating of “Moderate Buy” and a consensus target price of $65.71.

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.