15,700 Shares in JFrog Ltd. $FROG Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems acquired 15,700 JFrog shares worth approximately $1.43 million in the second quarter. Institutional investors collectively own about 85% of FROG.
• JFrog reported strong quarterly results, with revenue up 28.7% year over year and EPS of $0.27 versus the $0.24 consensus estimate. Analysts maintain a “Moderate Buy” consensus and an average price target of $109.48.
• Insiders sold roughly 1.01 million shares worth $93.9 million over the past 90 days under pre-arranged trading plans, while valuation concerns and reported Artifactory security vulnerabilities remain potential risks.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,700 shares of the company's stock, valued at approximately $1,427,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FROG. Summit Partners Public Asset Management LLC raised its position in shares of JFrog by 77.8% during the 4th quarter. Summit Partners Public Asset Management LLC now owns 1,587,525 shares of the company's stock worth $99,157,000 after purchasing an additional 694,700 shares during the last quarter. Dana Investment Advisors Inc. acquired a new stake in JFrog in the 4th quarter worth about $2,013,000. American Capital Management Inc. purchased a new stake in JFrog during the 2nd quarter worth approximately $1,225,000. AMJ Financial Wealth Management purchased a new stake in JFrog during the 4th quarter worth approximately $4,077,000. Finally, Wellington Management Group LLP acquired a new position in shares of JFrog during the second quarter valued at approximately $69,951,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at JFrog

In related news, Director Frederic Simon sold 120,000 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $90.86, for a total transaction of $10,903,200.00. Following the completion of the sale, the director directly owned 2,984,328 shares of the company's stock, valued at approximately $271,156,042.08. This trade represents a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 249,300 shares of JFrog stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $100.72, for a total transaction of $25,109,496.00. Following the sale, the chief technology officer owned 5,199,038 shares of the company's stock, valued at approximately $523,647,107.36. This represents a 4.58% 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. In the last ninety days, insiders sold 1,010,902 shares of company stock worth $93,883,131. 11.80% of the stock is currently owned by company insiders.

Key JFrog News

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: Strong feedback from JFrog’s customer conference led one analysis to identify FROG as a top software-sector pick, suggesting continued confidence in demand for its software supply-chain platform and AI-related growth opportunities. JFrog Stock Emerges as Top Software Pick Following Strong Customer Conference Feedback
• Positive Sentiment: JFrog unveiled “zero-touch remediation,” a capability intended to automatically detect and resolve software-supply-chain vulnerabilities. The offering could strengthen the company’s security and AI positioning and support enterprise demand. JFrog Unveils Zero-Touch Remediation
• Positive Sentiment: JFrog’s latest quarterly results showed 28.7% year-over-year revenue growth and EPS above consensus, while analysts remain broadly positive. The stock’s consensus rating is “Moderate Buy,” with price targets generally above recent trading levels.
• Neutral Sentiment: A JPMorgan Chase case study highlighted the use of JFrog technology to scale secure software delivery, providing enterprise validation for the platform, although it did not represent a new contract or financial forecast. How JPMorgan Chase Scaled Secure Software Delivery
• Negative Sentiment: A report said attackers chained vulnerabilities in JFrog Artifactory to obtain administrative control and plant backdoors. The allegations raise potential concerns about customer security, remediation costs and trust in JFrog’s software-supply-chain products. Attackers Chain JFrog Artifactory Flaws
• Negative Sentiment: JFrog’s CEO, CRO and CTO recently sold shares totaling roughly $9.6 million. The transactions were executed under pre-arranged Rule 10b5-1 plans, limiting their significance, but repeated insider selling can still weigh on investor sentiment. JFrog CRO Stock Sale
• Negative Sentiment: A valuation-focused analysis downgraded JFrog, arguing that the company’s elevated valuation and negative trailing profitability leave the stock vulnerable if bond yields rise. JFrog Valuation at Risk as Yields Rise

JFrog Trading Down 1.7%

JFrog stock opened at $87.18 on Friday. The company has a 50-day moving average price of $88.82 and a 200 day moving average price of $69.84. JFrog Ltd. has a 12-month low of $34.05 and a 12-month high of $105.76. The stock has a market cap of $10.75 billion, a P/E ratio of -235.62 and a beta of 1.28.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $163.77 million during the quarter, compared to analysts' expectations of $155.63 million. JFrog had a negative net margin of 7.35% and a negative return on equity of 2.71%. The business's revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 EPS. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, analysts forecast that JFrog Ltd. will post -0.11 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FROG shares. Truist Financial raised their target price on JFrog from $105.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Oppenheimer increased their price objective on JFrog from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. JPMorgan Chase & Co. raised their price objective on JFrog from $100.00 to $115.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Stifel Nicolaus set a $102.00 target price on shares of JFrog in a research note on Friday, September 4th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of JFrog in a report on Friday, July 17th. Twenty-one investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, JFrog has an average rating of "Moderate Buy" and an average target price of $109.48.

About JFrog

JFrog Ltd. NASDAQ: FROG develops a software supply chain platform designed to help organizations manage, secure and automate the delivery of software. Its technology supports developers and operations teams throughout the application lifecycle, from source code and package management through continuous integration, release and deployment.

The company's product portfolio includes JFrog Artifactory, a universal repository for storing and distributing software packages and artifacts, as well as JFrog Xray, which provides security and compliance analysis for software components.

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