Deutsche Bank AG Acquires 34,449 Shares of JFrog Ltd. $FROG

Key Points

• Deutsche Bank AG increased its holdings in JFrog Ltd. by 21.7% in the first quarter, owning approximately 0.17% of the company's stock valued at $6.18 million.
• Insider sales included CTO Yoav Landman selling 30,000 shares for $1.32 million and CEO Ben Haim Shlomi selling 15,000 shares for $626,250, reflecting slight decreases in their ownership.
• JFrog reported quarterly earnings of $0.18 EPS, surpassing analysts' estimates, with revenues of $127.2 million, marking a 23.5% increase year-over-year.

Deutsche Bank AG raised its holdings in JFrog Ltd. (NASDAQ:FROG - Free Report) by 21.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 193,256 shares of the company's stock after buying an additional 34,449 shares during the quarter. Deutsche Bank AG owned 0.17% of JFrog worth $6,184,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FROG. LPL Financial LLC increased its holdings in JFrog by 19.8% in the 4th quarter. LPL Financial LLC now owns 22,002 shares of the company's stock valued at $647,000 after buying an additional 3,633 shares during the period. Geode Capital Management LLC increased its holdings in JFrog by 5.8% in the 4th quarter. Geode Capital Management LLC now owns 143,481 shares of the company's stock valued at $4,220,000 after buying an additional 7,839 shares during the period. Bank of Montreal Can bought a new stake in JFrog in the 4th quarter valued at $405,000. Jump Financial LLC bought a new stake in JFrog in the 4th quarter valued at $240,000. Finally, Marshall Wace LLP increased its holdings in JFrog by 36.1% in the 4th quarter. Marshall Wace LLP now owns 11,838 shares of the company's stock valued at $348,000 after buying an additional 3,138 shares during the period. Institutional investors own 85.02% of the company's stock.

JFrog Trading Down 1.5%

NASDAQ FROG traded down $0.6530 on Wednesday, hitting $44.0870. 717,908 shares of the company were exchanged, compared to its average volume of 1,097,455. The firm has a 50 day moving average of $42.15 and a two-hundred day moving average of $38.29. The company has a market cap of $5.15 billion, a P/E ratio of -57.26 and a beta of 1.06. JFrog Ltd. has a 1-year low of $25.93 and a 1-year high of $46.64.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The business had revenue of $127.20 million for the quarter, compared to the consensus estimate of $122.80 million. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The firm's quarterly revenue was up 23.5% on a year-over-year basis. During the same quarter in the prior year, the company 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. Research analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on FROG. Morgan Stanley boosted their target price on shares of JFrog from $39.00 to $42.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Piper Sandler restated a "neutral" rating and issued a $48.00 target price (up previously from $40.00) on shares of JFrog in a research note on Friday, August 8th. Scotiabank reduced their target price on shares of JFrog from $40.00 to $36.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 24th. Cowen restated a "buy" rating on shares of JFrog in a research note on Friday, August 8th. Finally, Cantor Fitzgerald boosted their target price on shares of JFrog from $46.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $46.87.

Insider Activity

In related news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $41.75, for a total value of $626,250.00. Following the sale, the chief executive officer directly owned 4,981,412 shares in the company, valued at $207,973,951. This trade represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Tali Notman sold 23,157 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $43.16, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 308,338 shares of company stock valued at $13,154,150. Insiders own 14.10% of the company's stock.

JFrog 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.