JFrog Ltd. $FROG Stake Cut by Lord Abbett & CO. LLC

Lord Abbett & CO. LLC cut its position in shares of JFrog Ltd. (NASDAQ:FROG) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,175,614 shares of the company’s stock after selling 37,945 shares during the quarter. Lord Abbett & CO. LLC’s holdings in JFrog were worth $73,429,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FROG. Norges Bank bought a new position in JFrog during the fourth quarter worth $76,427,000. Assenagon Asset Management S.A. lifted its stake in JFrog by 378.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,543,011 shares of the company’s stock valued at $96,376,000 after buying an additional 1,220,768 shares during the last quarter. Lazard Asset Management LLC lifted its stake in JFrog by 1,669.6% in the third quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock valued at $56,106,000 after buying an additional 1,118,427 shares during the last quarter. Shannon River Fund Management LLC lifted its stake in JFrog by 298.5% in the third quarter. Shannon River Fund Management LLC now owns 863,924 shares of the company’s stock valued at $40,890,000 after buying an additional 647,140 shares during the last quarter. Finally, Fiera Capital Corp lifted its stake in JFrog by 37.5% in the fourth quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock valued at $140,750,000 after buying an additional 614,383 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FROG has been the topic of a number of recent research reports. Stifel Nicolaus raised their target price on JFrog from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. DA Davidson set a $90.00 target price on JFrog in a research note on Friday, May 8th. Bank of America raised their target price on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Barclays raised their target price on JFrog from $75.00 to $88.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Truist Financial raised their target price on JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Twenty 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.45.

JFrog Stock Performance

Shares of FROG opened at $77.74 on Friday. The firm has a market capitalization of $9.42 billion, a price-to-earnings ratio of -146.68 and a beta of 1.23. JFrog Ltd. has a one year low of $34.05 and a one year high of $89.16. The stock’s fifty day moving average is $61.92 and its 200-day moving average is $56.82.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $153.98 million for the quarter, compared to analyst estimates of $147.45 million. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The company’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same period last year, the company earned $0.20 earnings per share. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Analysts forecast that JFrog Ltd. will post -0.17 EPS for the current fiscal year.

Insider Activity

In other news, CTO Yoav Landman sold 100,000 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $81.47, for a total transaction of $8,147,000.00. Following the transaction, the chief technology officer directly owned 5,734,038 shares of the company’s stock, valued at approximately $467,152,075.86. This trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederic Simon sold 120,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.84, for a total value of $10,300,800.00. Following the transaction, the director directly owned 3,224,328 shares in the company, valued at $276,776,315.52. This trade represents a 3.59% 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 ninety days, insiders have sold 805,700 shares of company stock valued at $58,486,362. Company insiders own 11.80% of the company’s stock.

About JFrog

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.