Ninepoint Partners LP Invests $2.26 Million in JFrog Ltd. $FROG

Key Points

• Ninepoint Partners initiated a $2.26 million position in JFrog during the second quarter, while institutional investors collectively own 85.02% of the company.
• Analysts remain broadly bullish: 21 rate JFrog a Buy, with a consensus price target of $105.81 versus the stock’s reported $89.72 price.
• JFrog exceeded quarterly expectations, reporting adjusted EPS of $0.27 and revenue of $163.77 million, up 28.7% year over year; however, insiders sold 924,097 shares worth approximately $80.2 million over the past 90 days.

Ninepoint Partners LP bought a new stake in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 24,887 shares of the company's stock, valued at approximately $2,262,000.

A number of other large investors also recently added to or reduced their stakes in FROG. Snowden Capital Advisors LLC raised its position in shares of JFrog by 1.7% during the second quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company's stock valued at $666,000 after buying an additional 253 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of JFrog by 2.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company's stock worth $948,000 after acquiring an additional 299 shares during the last quarter. Praxis Investment Management Inc. grew its stake in JFrog by 8.0% during the first quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company's stock valued at $208,000 after acquiring an additional 330 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in JFrog by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company's stock valued at $326,000 after acquiring an additional 377 shares in the last quarter. Finally, Millstone Evans Group LLC increased its holdings in JFrog by 242.6% in the 1st quarter. Millstone Evans Group LLC now owns 603 shares of the company's stock valued at $28,000 after acquiring an additional 427 shares during the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FROG has been the topic of several research analyst reports. Bank of America boosted their price target on shares of JFrog from $85.00 to $100.00 and gave the stock a "buy" rating in a research note on Monday, June 8th. Cantor Fitzgerald lifted their target price on JFrog from $80.00 to $100.00 and gave the stock an "overweight" rating in a report on Monday, August 3rd. Oppenheimer boosted their target price on JFrog from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Raymond James Financial set a $120.00 price target on JFrog in a research note on Friday, August 7th. Finally, Citigroup restated a "buy" rating on shares of JFrog in a report on Monday, June 8th. Twenty-one analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $105.81.

Insider Transactions at JFrog

In other news, Director Frederic Simon sold 120,000 shares of the business's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $85.84, for a total transaction of $10,300,800.00. Following the transaction, the director owned 3,224,328 shares of the company's stock, valued at approximately $276,776,315.52. The trade was a 3.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $84.60, for a total value of $7,873,891.20. Following the sale, the chief executive officer owned 4,658,236 shares in the company, valued at $394,086,765.60. The trade was a 1.96% 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 90 days, insiders sold 924,097 shares of company stock worth $80,245,512. 11.80% of the stock is currently owned by company insiders.

JFrog Stock Down 1.6%

JFrog stock opened at $89.72 on Friday. The company's 50-day moving average price is $86.41 and its 200-day moving average price is $65.30. The company has a market cap of $11.06 billion, a PE ratio of -242.48 and a beta of 1.22. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $99.22.

JFrog (NASDAQ:FROG - Get Free Report) last released 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 return on equity of 2.71% and a negative net margin of 7.35%.The company had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. During the same quarter last year, the business posted $0.18 earnings per share. The firm'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. As a group, sell-side analysts expect that JFrog Ltd. will post -0.11 earnings per share for the current fiscal year.

JFrog Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company's platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog's flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.

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