JFrog Ltd. $FROG Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System boosted its position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) by 7.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,276 shares of the company's stock after buying an additional 8,284 shares during the quarter. California State Teachers Retirement System owned 0.10% of JFrog worth $10,839,803 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FROG. Summit Partners Public Asset Management LLC raised its stake in 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 buying an additional 694,700 shares during the period. Dana Investment Advisors Inc. purchased a new position in JFrog during the fourth quarter worth about $2,013,000. American Capital Management Inc. bought a new stake in shares of JFrog during the 2nd quarter valued at $1,225,000. AMJ Financial Wealth Management bought a new position in JFrog during the 4th quarter worth approximately $4,077,000. Finally, Wellington Management Group LLP purchased a new position in JFrog during the 2nd quarter valued at about $69,951,000. 85.02% of the stock is currently owned by institutional investors.

JFrog Stock Up 2.0%

Shares of FROG stock traded up $1.85 during mid-day trading on Tuesday, reaching $94.85. 682,186 shares of the company's stock traded hands, compared to its average volume of 2,876,305. JFrog Ltd. has a 12 month low of $34.05 and a 12 month high of $105.76. The company has a market cap of $11.70 billion, a P/E ratio of -256.46 and a beta of 1.28. The company's 50-day moving average price is $88.72 and its 200-day moving average price is $70.48.

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FROG. Bank of America upped their target price on JFrog from $85.00 to $100.00 and gave the company a "buy" rating in a research note on Monday, June 8th. Citigroup reissued a "buy" rating on shares of JFrog in a research note on Monday, June 8th. Stifel Nicolaus set a $102.00 target price on JFrog in a report on Friday, September 4th. KeyCorp lifted their price target on JFrog from $89.00 to $114.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Finally, Oppenheimer increased their price target on shares of JFrog from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $109.48.

Insider Activity

In other JFrog news, CFO Eduard Grabscheid sold 8,436 shares of the business's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $91.60, for a total value of $772,737.60. Following the transaction, the chief financial officer directly owned 192,060 shares in the company, valued at $17,592,696. The trade was a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Frederic Simon sold 120,000 shares of JFrog stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $93.21, for a total transaction of $11,185,200.00. Following the completion of the sale, the director owned 2,864,328 shares in the company, valued at $266,984,012.88. The trade was a 4.02% 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 sold 1,010,902 shares of company stock worth $93,883,131 in the last quarter. Insiders own 11.80% of the company's stock.

JFrog Profile

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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