63,030 Shares in JFrog Ltd. $FROG Acquired by Nuveen LLC

Key Points

• Nuveen LLC has acquired a new position in JFrog Ltd., purchasing 63,030 shares valued at approximately $2,017,000, representing about 0.06% of the company.
• Multiple institutional investors, including Mackenzie Financial Corp and Daventry Group LP, significantly increased their positions in JFrog during the fourth quarter, contributing to an **85.02%** ownership by hedge funds and institutional investors.
• JFrog reported a **quarterly EPS of $0.18**, beating estimates, and projected FY 2025 guidance between **$0.680-0.70 EPS**, indicating potential growth for the company.

Nuveen LLC purchased a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 63,030 shares of the company's stock, valued at approximately $2,017,000. Nuveen LLC owned approximately 0.06% of JFrog at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its position in JFrog by 32.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,344 shares of the company's stock worth $43,000 after acquiring an additional 329 shares in the last quarter. California State Teachers Retirement System lifted its stake in shares of JFrog by 0.5% in the 4th quarter. California State Teachers Retirement System now owns 80,898 shares of the company's stock valued at $2,379,000 after purchasing an additional 439 shares during the last quarter. IFP Advisors Inc boosted its holdings in JFrog by 10.2% in the first quarter. IFP Advisors Inc now owns 5,923 shares of the company's stock worth $190,000 after purchasing an additional 548 shares in the last quarter. Snowden Capital Advisors LLC increased its position in JFrog by 4.2% during the fourth quarter. Snowden Capital Advisors LLC now owns 13,900 shares of the company's stock worth $409,000 after buying an additional 564 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in JFrog by 90.9% during the first quarter. Signaturefd LLC now owns 1,254 shares of the company's stock valued at $40,000 after buying an additional 597 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.

Insider Buying and Selling at JFrog

In other news, CRO Tali Notman sold 23,157 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $43.16, for a total value of $999,456.12. Following the sale, the executive owned 686,360 shares of the company's stock, valued at $29,623,297.60. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Yoav Landman sold 102,419 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $49.73, for a total value of $5,093,296.87. Following the sale, the chief technology officer owned 6,081,087 shares in the company, valued at $302,412,456.51. The trade was a 1.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold 536,662 shares of company stock valued at $24,280,339 over the last quarter. Insiders own 14.10% of the company's stock.

JFrog Trading Down 2.0%

FROG stock traded down $0.94 during midday trading on Wednesday, hitting $46.94. The stock had a trading volume of 632,677 shares, compared to its average volume of 1,130,217. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of -60.64 and a beta of 1.07. The stock has a 50-day simple moving average of $43.39 and a 200 day simple moving average of $39.06. JFrog Ltd. has a 52 week low of $26.11 and a 52 week high of $50.57.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. JFrog had a negative net margin of 18.18% and a negative return on equity of 7.54%. The business had revenue of $127.20 million for the quarter, compared to analysts' expectations of $122.80 million. During the same period in the prior year, the firm earned $0.15 earnings per share. JFrog's revenue was up 23.5% compared to the same quarter last year. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. On average, equities analysts forecast that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Robert W. Baird set a $47.00 price objective on JFrog and gave the company an "outperform" rating in a report on Monday, August 4th. DA Davidson upped their target price on JFrog from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Piper Sandler reiterated a "neutral" rating and set a $48.00 price target (up previously from $40.00) on shares of JFrog in a report on Friday, August 8th. Cowen restated a "buy" rating on shares of JFrog in a research note on Friday, August 8th. Finally, Morgan Stanley raised 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. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $46.87.

JFrog Company 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.