205,024 Shares in JFrog Ltd. $FROG Bought by Nishkama Capital LLC

Key Points

• Nishkama Capital LLC has purchased 205,024 shares of JFrog Ltd., valued at approximately $6.56 million, marking it as the firm’s 18th largest position.
• Institutional investors collectively own 85.02% of JFrog, reflecting significant interest in the company among hedge funds and institutional investors.
• Recent analyst reports have increased price targets for JFrog, with Stifel Nicolaus raising their target from $45 to $53 and maintaining a "buy" rating.

Nishkama Capital LLC bought a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 205,024 shares of the company's stock, valued at approximately $6,561,000. JFrog makes up about 0.7% of Nishkama Capital LLC's investment portfolio, making the stock its 18th biggest position. Nishkama Capital LLC owned 0.18% of JFrog at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC grew its stake in JFrog by 90.9% during the 1st quarter. Signaturefd LLC now owns 1,254 shares of the company's stock worth $40,000 after purchasing an additional 597 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of JFrog by 32.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company's stock worth $43,000 after acquiring an additional 329 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of JFrog during the 1st quarter worth about $104,000. Smartleaf Asset Management LLC boosted its position in shares of JFrog by 26.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,838 shares of the company's stock worth $123,000 after acquiring an additional 800 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of JFrog by 33,106.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,313 shares of the company's stock worth $156,000 after acquiring an additional 5,297 shares in the last quarter. 85.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on FROG shares. Stifel Nicolaus upped their price objective on JFrog from $45.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Piper Sandler reaffirmed a "neutral" rating and set a $48.00 price objective (up from $40.00) on shares of JFrog in a research report on Friday, August 8th. Cowen reaffirmed a "buy" rating on shares of JFrog in a research report on Friday, August 8th. KeyCorp upped their price objective on JFrog from $46.00 to $52.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Finally, DA Davidson upped their price objective on JFrog from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $46.87.

Insider Transactions at JFrog

In other news, Director Frederic Simon sold 35,000 shares of the firm's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $41.71, for a total transaction of $1,459,850.00. Following the sale, the director owned 4,239,903 shares in the company, valued at $176,846,354.13. This trade represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CRO Tali Notman sold 23,157 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $43.16, for a total value of $999,456.12. Following the sale, the executive owned 686,360 shares in the company, valued at $29,623,297.60. This trade represents a 3.26% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 308,338 shares of company stock worth $13,154,150. 14.10% of the stock is currently owned by insiders.

JFrog Stock Up 0.3%

FROG opened at $47.04 on Monday. The business has a 50 day moving average price of $42.43 and a two-hundred day moving average price of $38.52. The company has a market cap of $5.49 billion, a PE ratio of -61.09 and a beta of 1.06. JFrog Ltd. has a 52 week low of $25.94 and a 52 week high of $47.48.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $127.20 million during the quarter, compared to the consensus estimate of $122.80 million. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The firm's revenue was up 23.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, sell-side analysts expect that JFrog Ltd. will post -0.33 EPS for the current fiscal 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.

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