Royal Bank of Canada Has $5.59 Million Stock Position in JFrog Ltd. $FROG

Key Points

• Royal Bank of Canada cut its JFrog stake by 31.5% in the first quarter, selling 54,770 shares and retaining 119,172 shares worth approximately $5.59 million. Institutional investors collectively own 85.02% of JFrog.
• JFrog exceeded quarterly expectations, reporting adjusted EPS of $0.27 versus estimates of $0.24 and revenue of $163.77 million, up 28.7% year over year. The company issued fiscal 2026 EPS guidance of $0.96–$1.00.
• Analyst sentiment remains favorable, with 21 Buy ratings and an average price target of $105.81 versus the stock’s reported price of $86.04. However, insiders sold 761,149 shares worth $65.4 million over the past 90 days, including sales by the CEO and a director.

Royal Bank of Canada lowered its stake in JFrog Ltd. (NASDAQ:FROG - Free Report) by 31.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 119,172 shares of the company's stock after selling 54,770 shares during the quarter. Royal Bank of Canada owned about 0.10% of JFrog worth $5,593,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Millstone Evans Group LLC lifted its position 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 in the last quarter. Farther Finance Advisors LLC boosted its stake in JFrog by 318.7% in the 4th quarter. Farther Finance Advisors LLC now owns 628 shares of the company's stock worth $39,000 after purchasing an additional 478 shares during the period. Employees Retirement System of Texas bought a new position in JFrog during the 4th quarter worth about $44,000. First Horizon Corp bought a new position in JFrog during the 4th quarter worth about $47,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of JFrog by 12,566.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company's stock valued at $47,000 after purchasing an additional 754 shares during the period. Institutional investors and hedge funds own 85.02% of the company's stock.

JFrog Stock Performance

NASDAQ:FROG opened at $86.04 on Thursday. The stock's 50-day simple moving average is $85.16 and its 200 day simple moving average is $63.81. The company has a market cap of $10.61 billion, a P/E ratio of -232.53 and a beta of 1.22. JFrog Ltd. has a 52-week low of $34.05 and a 52-week high of $99.22.

JFrog (NASDAQ:FROG - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to analysts' expectations of $155.63 million. JFrog had a negative return on equity of 2.76% and a negative net margin of 7.35%.The business's quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 earnings per share. 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, equities analysts predict that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on FROG shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of JFrog in a research report on Friday, July 17th. Cantor Fitzgerald lifted their target price on JFrog from $80.00 to $100.00 and gave the company an "overweight" rating in a research report on Monday, August 3rd. Canaccord Genuity Group set a $105.00 target price on JFrog in a research note on Friday, August 7th. Raymond James Financial set a $120.00 price target on shares of JFrog in a research note on Friday, August 7th. Finally, DA Davidson lifted their price objective on shares of JFrog from $90.00 to $115.00 and gave the company a "buy" rating in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, JFrog currently has an average rating of "Moderate Buy" and an average price target of $105.81.

Insider Buying and Selling

In related news, Director Barry Zwarenstein sold 1,250 shares of the firm's stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $80.10, for a total value of $100,125.00. Following the completion of the transaction, the director directly owned 31,687 shares of the company's stock, valued at approximately $2,538,128.70. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 15,000 shares of the firm's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $91.00, for a total transaction of $1,365,000.00. Following the completion of the transaction, the chief executive officer directly owned 4,562,237 shares of the company's stock, valued at $415,163,567. This represents a 0.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 761,149 shares of company stock worth $65,402,177. 11.80% of the stock is owned by corporate insiders.

About JFrog

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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