19,369 Shares in JFrog Ltd. (NASDAQ:FROG) Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. bought a new stake in JFrog Ltd. (NASDAQ:FROG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,369 shares of the company's stock, valued at approximately $570,000.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in JFrog in the 4th quarter valued at about $32,878,000. Raymond James Financial Inc. purchased a new position in JFrog in the fourth quarter valued at $30,554,000. Principal Financial Group Inc. raised its stake in JFrog by 55.8% in the third quarter. Principal Financial Group Inc. now owns 1,437,941 shares of the company's stock valued at $41,757,000 after buying an additional 514,895 shares in the last quarter. TimesSquare Capital Management LLC lifted its holdings in JFrog by 12.0% during the 4th quarter. TimesSquare Capital Management LLC now owns 3,400,276 shares of the company's stock worth $100,002,000 after buying an additional 365,376 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of JFrog by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 8,836,526 shares of the company's stock worth $259,882,000 after acquiring an additional 349,532 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.

Insider Buying and Selling

In other JFrog news, Director Frederic Simon sold 35,000 shares of the company's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $35.92, for a total transaction of $1,257,200.00. Following the transaction, the director now directly owns 4,409,432 shares in the company, valued at approximately $158,386,797.44. This represents a 0.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ben Haim Shlomi sold 17,775 shares of JFrog stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $36.73, for a total transaction of $652,875.75. Following the sale, the chief executive officer now owns 4,866,809 shares of the company's stock, valued at approximately $178,757,894.57. The trade was a 0.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 429,104 shares of company stock valued at $15,084,429 over the last quarter. Company insiders own 15.70% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FROG shares. KeyCorp reissued an "overweight" rating and set a $46.00 target price (up previously from $36.00) on shares of JFrog in a research report on Friday, February 14th. Barclays raised their price objective on shares of JFrog from $38.00 to $48.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Truist Financial upped their target price on shares of JFrog from $35.00 to $45.00 and gave the company a "buy" rating in a report on Friday, February 14th. Needham & Company LLC lifted their price target on shares of JFrog from $39.00 to $46.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Finally, Stifel Nicolaus boosted their price target on shares of JFrog from $35.00 to $45.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Three research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, JFrog presently has an average rating of "Moderate Buy" and a consensus target price of $40.71.

JFrog Price Performance

Shares of FROG stock traded up $0.82 during mid-day trading on Tuesday, hitting $30.61. The stock had a trading volume of 397,738 shares, compared to its average volume of 1,149,954. The firm has a market cap of $3.51 billion, a PE ratio of -48.59 and a beta of 0.98. The company's 50-day simple moving average is $33.84 and its 200-day simple moving average is $32.40. JFrog Ltd. has a fifty-two week low of $22.91 and a fifty-two week high of $43.00.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.28). JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. The firm had revenue of $116.08 million for the quarter, compared to analysts' expectations of $114.16 million. On average, analysts expect that JFrog Ltd. will post -0.33 EPS for the current year.

JFrog Company Profile

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.