Wasatch Advisors LP Has $195.04 Million Stock Position in JFrog Ltd. $FROG

Wasatch Advisors LP boosted its stake in JFrog Ltd. (NASDAQ:FROG) by 187.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,156,033 shares of the company’s stock after acquiring an additional 2,710,167 shares during the period. JFrog accounts for 1.3% of Wasatch Advisors LP’s investment portfolio, making the stock its 27th largest holding. Wasatch Advisors LP’s holdings in JFrog were worth $195,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC acquired a new position in shares of JFrog in the 1st quarter worth approximately $226,000. Cannon Global Investment Management LLC bought a new stake in shares of JFrog in the 1st quarter valued at $662,000. Hsbc Holdings PLC acquired a new stake in shares of JFrog during the fourth quarter worth $678,000. Rockefeller Capital Management L.P. increased its position in shares of JFrog by 50.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 22,507 shares of the company’s stock worth $1,406,000 after buying an additional 7,498 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its stake in JFrog by 12,566.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock worth $47,000 after buying an additional 754 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on FROG shares. Morgan Stanley restated an “overweight” rating and issued a $80.00 target price on shares of JFrog in a report on Friday, May 8th. Cantor Fitzgerald reiterated an “overweight” rating on shares of JFrog in a report on Monday, June 15th. BTIG Research lifted their price objective on JFrog from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Bank of America boosted their price objective on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, TD Cowen boosted their price objective on JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, JFrog currently has an average rating of “Moderate Buy” and a consensus target price of $81.62.

Insider Transactions at JFrog

In related news, CTO Yoav Landman sold 100,000 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $81.47, for a total value of $8,147,000.00. Following the completion of the sale, the chief technology officer directly owned 5,734,038 shares of the company’s stock, valued at $467,152,075.86. The trade was a 1.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20. Following the completion of the sale, the chief executive officer directly owned 4,658,236 shares of the company’s stock, valued at $394,086,765.60. The trade was a 1.96% 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. Insiders have sold 805,700 shares of company stock valued at $58,486,362 in the last 90 days. 11.80% of the stock is currently owned by corporate insiders.

JFrog Stock Up 11.0%

JFrog stock opened at $87.50 on Friday. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $89.16. The firm’s fifty day moving average is $68.73 and its 200 day moving average is $58.14. The company has a market capitalization of $10.60 billion, a PE ratio of -165.09 and a beta of 1.23.

JFrog (NASDAQ:FROG) last issued its 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 net margin of 10.93% and a negative return on equity of 4.61%. JFrog’s revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the firm 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. Sell-side analysts expect that JFrog Ltd. will post -0.15 EPS for the current fiscal year.

JFrog 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.