JFrog Ltd. $FROG Shares Bought by Summit Partners Public Asset Management LLC

Summit Partners Public Asset Management LLC grew its stake in JFrog Ltd. (NASDAQ:FROG) by 77.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,587,525 shares of the company’s stock after buying an additional 694,700 shares during the period. JFrog makes up 2.1% of Summit Partners Public Asset Management LLC’s investment portfolio, making the stock its 5th biggest position. Summit Partners Public Asset Management LLC’s holdings in JFrog were worth $99,157,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. acquired a new stake in shares of JFrog in the fourth quarter valued at about $30,000. Farther Finance Advisors LLC increased its stake in shares of JFrog by 318.7% in the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after buying an additional 478 shares during the period. Employees Retirement System of Texas acquired a new stake in shares of JFrog in the fourth quarter valued at about $44,000. First Horizon Corp acquired a new stake in shares of JFrog in the fourth quarter valued at about $47,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of JFrog in the third quarter valued at about $56,000. Institutional investors and hedge funds own 85.02% of the company’s stock.

Insider Buying and Selling at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $84.60, for a total transaction of $7,873,891.20. Following the completion of the transaction, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at approximately $394,086,765.60. This represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 the 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 of the company’s stock, valued at approximately $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 sold 805,700 shares of company stock valued at $58,486,362. Company insiders own 11.80% of the company’s stock.

JFrog Stock Performance

Shares of NASDAQ:FROG opened at $78.48 on Wednesday. The business’s 50 day simple moving average is $63.07 and its two-hundred day simple moving average is $57.04. The firm has a market cap of $9.51 billion, a P/E ratio of -148.08 and a beta of 1.23. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $89.16.

JFrog (NASDAQ:FROG) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. The business 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% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts forecast that JFrog Ltd. will post -0.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on FROG shares. Barclays upped their target price on JFrog from $75.00 to $88.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Needham & Company LLC upped their target price on JFrog from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. BTIG Research upped their target price on JFrog from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Bank of America upped their target price on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, DA Davidson set a $90.00 target price on JFrog in a research report on Friday, May 8th. Twenty investment 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $78.45.

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.