33,064 Shares of JFrog Ltd. $FROG Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of JFrog Ltd. (NASDAQ:FROG) during the third quarter, HoldingsChannel reports. The institutional investor bought 33,064 shares of the company’s stock, valued at approximately $3,209,000.

Other hedge funds have also made changes to their positions in the company. Congress Asset Management Co. grew its holdings in JFrog by 14.4% during the 3rd quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company’s stock worth $137,826,000 after acquiring an additional 178,310 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of JFrog in the 2nd quarter valued at about $1,427,000. Wellington Management Group LLP purchased a new stake in shares of JFrog in the 2nd quarter worth approximately $69,951,000. American Capital Management Inc. purchased a new stake in shares of JFrog in the 2nd quarter worth approximately $1,225,000. Finally, Sei Investments Co. boosted its stake in shares of JFrog by 169.0% during the first quarter. Sei Investments Co. now owns 468,861 shares of the company’s stock valued at $22,004,000 after purchasing an additional 294,547 shares in the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

JFrog Trading Up 35.3%

Shares of FROG traded up $26.36 during midday trading on Friday, hitting $100.98. 7,028,737 shares of the company’s stock traded hands, compared to its average volume of 1,776,768. The stock has a market capitalization of $12.45 billion, a price-to-earnings ratio of -561.00 and a beta of 1.31. JFrog Ltd. has a 1 year low of $34.05 and a 1 year high of $105.76. The firm’s fifty day moving average is $93.42 and its 200-day moving average is $72.58.

JFrog (NASDAQ:FROG) last announced its earnings results on Thursday, November 5th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.09. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The firm had revenue of $179.17 million for the quarter, compared to the consensus estimate of $165.92 million. During the same period in the previous year, the business earned $0.22 EPS. The firm’s revenue for the quarter was up 30.9% on a year-over-year basis. On average, equities research analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Oppenheimer boosted their price objective on shares of JFrog from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 28th. JPMorgan Chase & Co. lifted their price target on JFrog from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wall Street Zen lowered JFrog from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Piper Sandler upped their price objective on JFrog from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $115.00 price objective on shares of JFrog in a research report on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $112.19.

Key JFrog News

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
• Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
• Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
• Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
• Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.

Insider Activity

In related news, CRO Tali Notman sold 18,794 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $86.98, for a total value of $1,634,702.12. Following the transaction, the executive directly owned 668,678 shares of the company’s stock, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Shlomi Ben Haim sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $97.52, for a total value of $1,462,800.00. Following the completion of the transaction, the chief executive officer owned 4,434,305 shares of the company’s stock, valued at approximately $432,433,423.60. The trade was a 0.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 900,453 shares of company stock valued at $85,299,266. 11.80% of the stock is owned by corporate insiders.

JFrog Profile

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company’s products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.