JFrog Ltd. $FROG Shares Bought by CenterBook Partners LP

Key Points

• CenterBook Partners increased its JFrog stake by 350.2% in the third quarter, adding 14,468 shares to hold 18,599 shares valued at about $1.8 million.
• JFrog beat third-quarter expectations, reporting adjusted EPS of $0.32 and revenue of $179.2 million, up 30.9% year over year. The article also reports the company raised its 2026 revenue outlook to $680–$682 million.
• Institutional investors own 85.02% of JFrog, and analysts have a consensus “Moderate Buy” rating with an average price target of $112.19; some analysts remain more cautious.

CenterBook Partners LP raised its position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) by 350.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,599 shares of the company's stock after acquiring an additional 14,468 shares during the period. CenterBook Partners LP's holdings in JFrog were worth $1,805,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of JFrog by 83.1% in the 2nd quarter. Allworth Financial LP now owns 648 shares of the company's stock worth $59,000 after acquiring an additional 294 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of JFrog by 4.7% during the 2nd quarter. IFP Advisors Inc now owns 6,872 shares of the company's stock worth $625,000 after purchasing an additional 309 shares during the period. Western Wealth Management LLC purchased a new position in shares of JFrog during the 1st quarter worth about $30,000. Moody National Bank Trust Division grew its holdings in JFrog by 7.9% during the 3rd quarter. Moody National Bank Trust Division now owns 9,768 shares of the company's stock valued at $948,000 after purchasing an additional 718 shares during the last quarter. Finally, Bessemer Group Inc. bought a new position in JFrog during the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 85.02% of the company's stock.

JFrog News Roundup

Here are the key news stories impacting JFrog this week:

• Positive Sentiment: JFrog reported third-quarter adjusted EPS of $0.32, above the $0.23 consensus, while revenue of $179.2 million beat expectations of $165.9 million and grew 31% year over year. JFrog Shares Rally on Outlook Boost, 3Q Beat
• Positive Sentiment: AI-driven coding activity is boosting demand for JFrog’s software tools. Reports highlight cloud revenue growth of about 60%, reinforcing the view that the company is benefiting from wider adoption of AI coding agents. JFrog Cloud Revenue Surges 60% Amid AI-Driven Software Growth
• Positive Sentiment: The company raised its 2026 revenue outlook to $680–$682 million and projected cloud baseline growth of 52%–54%, signaling continued momentum beyond the quarterly beat. JFrog Projects 2026 Revenue and Cloud Growth
• Positive Sentiment: Several firms raised price targets and kept bullish ratings: RBC to $121, Truist to $120, KeyCorp to $118 and Canaccord to $110. These revisions reflect stronger analyst expectations after the results. Truist Raises JFrog Price Target
• Negative Sentiment: Piper Sandler raised its target from $90 to $95 but maintained a neutral rating; the target remains below the stock’s recent trading level, suggesting some analysts see limited near-term upside after the rally.

Analysts Set New Price Targets

FROG has been the topic of a number of recent analyst reports. Weiss Ratings reissued a "sell (d-)" rating on shares of JFrog in a research report on Thursday, October 15th. BTIG Research restated a "buy" rating and set a $115.00 target price on shares of JFrog in a research report on Friday, September 4th. Canaccord Genuity Group boosted their target price on JFrog from $105.00 to $110.00 and gave the company a "buy" rating in a research report on Friday. TD Cowen reaffirmed a "buy" rating and set a $120.00 target price on shares of JFrog in a research note on Thursday, September 3rd. Finally, Wall Street Zen downgraded JFrog from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. Twenty-one research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $112.19.

Insider Activity at JFrog

In other JFrog news, CRO Tali Notman sold 18,794 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $86.98, for a total value of $1,634,702.12. Following the transaction, the executive directly owned 668,678 shares in the company, valued at $58,161,612.44. This represents a 2.73% decrease in their position. The sale was disclosed in a legal 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. Also, Director Barry Zwarenstein sold 1,250 shares of the company's stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $90.10, for a total transaction of $112,625.00. Following the completion of the transaction, the director owned 29,187 shares in the company, valued at $2,629,748.70. This represents a 4.11% 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 have sold a total of 900,453 shares of company stock worth $85,299,266 over the last ninety days. 11.80% of the stock is currently owned by company insiders.

JFrog Stock Performance

NASDAQ:FROG opened at $100.98 on Monday. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $105.76. The company has a market cap of $12.45 billion, a price-to-earnings ratio of -561.00 and a beta of 1.31. The stock has a fifty day simple moving average of $93.42 and a 200-day simple moving average of $72.58.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.09. The firm had revenue of $179.17 million for the quarter, compared to analysts' expectations of $165.92 million. JFrog had a negative net margin of 3.29% and a negative return on equity of 1.58%. The business's revenue for the quarter was up 30.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. As a group, equities research analysts predict that JFrog Ltd. will post -0.11 EPS for the current fiscal year.

About JFrog

JFrog Ltd. develops software delivery and supply-chain tools for organizations building and deploying applications. Its platform helps teams manage software packages and other binary artifacts throughout the development lifecycle, from creation and testing to distribution and deployment.

Its products include JFrog Artifactory, a repository manager for storing and managing software artifacts, and JFrog Xray, which scans software components for security vulnerabilities and policy issues.

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