Moody Aldrich Partners LLC Buys New Stake in JFrog Ltd. $FROG

Key Points

• Moody Aldrich Partners purchased 45,421 JFrog shares during the third quarter, valued at approximately $4.4 million. Institutional investors and hedge funds collectively own 85.02% of the company.
• JFrog insiders sold 915,453 shares worth about $86.7 million over the past three months, including sales by the CEO and CTO under pre-arranged Rule 10b5-1 plans.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $109.95. JFrog recently exceeded quarterly earnings and revenue estimates, with revenue up 28.7% year over year.

Moody Aldrich Partners LLC bought a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 45,421 shares of the company's stock, valued at approximately $4,408,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FROG. Congress Asset Management Co. grew its stake in shares of JFrog by 14.4% in the third quarter. Congress Asset Management Co. now owns 1,420,301 shares of the company's stock worth $137,826,000 after purchasing an additional 178,310 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in JFrog in the second quarter valued at $1,427,000. Wellington Management Group LLP acquired a new stake in JFrog in the second quarter valued at $69,951,000. American Capital Management Inc. bought a new position in JFrog during the 2nd quarter worth $1,225,000. Finally, Sei Investments Co. raised its position in JFrog by 169.0% during the 1st quarter. Sei Investments Co. now owns 468,861 shares of the company's stock worth $22,004,000 after purchasing an additional 294,547 shares during the last quarter. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CTO Yoav Landman sold 45,000 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $97.27, for a total value of $4,377,150.00. Following the completion of the sale, the chief technology officer owned 5,109,038 shares in the company, valued at $496,956,126.26. This represents a 0.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Shlomi Ben Haim sold 15,000 shares of the stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $97.52, for a total transaction of $1,462,800.00. Following the completion of the sale, the chief executive officer owned 4,434,305 shares of the company's stock, valued at approximately $432,433,423.60. This trade represents a 0.34% decrease in their position. 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 three months, insiders sold 915,453 shares of company stock worth $86,664,266. Company insiders own 11.80% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on FROG. UBS Group set a $115.00 target price on JFrog in a report on Friday, October 23rd. BTIG Research reissued a "buy" rating and issued a $115.00 price target on shares of JFrog in a research note on Friday, September 4th. DA Davidson restated a "buy" rating and set a $115.00 price objective on shares of JFrog in a research report on Friday, September 4th. Morgan Stanley set a $100.00 price objective on JFrog in a research note on Friday, August 7th. Finally, Raymond James Financial set a $120.00 price objective on JFrog in a research note on Friday, August 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $109.95.

JFrog Stock Performance

Shares of NASDAQ:FROG opened at $100.47 on Thursday. The business's 50 day simple moving average is $93.84 and its two-hundred day simple moving average is $71.46. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $105.76. The firm has a market cap of $12.39 billion, a P/E ratio of -271.53 and a beta of 1.24.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share 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 firm had revenue of $163.77 million for the quarter, compared to the consensus estimate of $155.63 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The business's revenue was up 28.7% on a year-over-year basis. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. On average, equities analysts forecast that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company's products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.

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