JFrog Ltd. (NASDAQ:FROG) Short Interest Down 19.5% in April

JFrog Ltd. (NASDAQ:FROG) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totaling 6,003,571 shares, a drop of 19.5% from the March 31st total of 7,454,036 shares. Based on an average daily trading volume, of 2,852,958 shares, the short-interest ratio is currently 2.1 days. Currently, 5.6% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FROG. Canaccord Genuity Group dropped their price objective on shares of JFrog from $75.00 to $66.00 and set a “buy” rating for the company in a report on Friday, February 13th. DA Davidson dropped their price target 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. Barclays lifted their price target on shares of JFrog from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Piper Sandler reduced their price objective on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Eighteen 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 currently has an average rating of “Moderate Buy” and an average price target of $67.63.

JFrog Trading Up 7.4%

NASDAQ:FROG traded up $3.45 on Friday, reaching $49.89. 2,216,731 shares of the stock traded hands, compared to its average volume of 2,247,603. JFrog has a 1-year low of $33.33 and a 1-year high of $70.43. The company’s 50 day moving average is $43.73 and its 200-day moving average is $52.55. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of -80.47 and a beta of 1.02.

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, topping analysts’ consensus estimates of $0.19 by $0.03. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The firm had revenue of $145.31 million for the quarter, compared to the consensus estimate of $138.09 million. During the same quarter in the previous year, the company earned $0.19 EPS. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. 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 forecast that JFrog will post -0.21 EPS for the current fiscal year.

Insider Transactions at JFrog

In other JFrog news, CFO Eduard Grabscheid sold 6,063 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total transaction of $244,460.16. Following the sale, the chief financial officer owned 233,839 shares of the company’s stock, valued at approximately $9,428,388.48. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Yoav Landman sold 15,000 shares of the stock in a transaction on Friday, April 10th. The shares were sold at an average price of $42.87, for a total value of $643,050.00. Following the completion of the transaction, the chief technology officer owned 5,828,437 shares of the company’s stock, valued at $249,865,094.19. The trade was a 0.26% 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. Over the last three months, insiders have sold 320,003 shares of company stock valued at $14,186,031. Corporate insiders own 11.80% of the company’s stock.

Institutional Trading of JFrog

A number of large investors have recently bought and sold shares of FROG. Royal Bank of Canada lifted its stake in shares of JFrog by 48.4% in the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in JFrog during the first quarter worth approximately $205,000. AQR Capital Management LLC bought a new stake in JFrog in the first quarter worth approximately $368,000. Integrated Wealth Concepts LLC bought a new stake in JFrog in the first quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. lifted its stake in JFrog by 14.7% in the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after buying an additional 88,784 shares during the period. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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.