Trexquant Investment LP Buys New Holdings in JFrog Ltd. $FROG

Key Points

• Trexquant Investment LP has acquired approximately $10.10 million worth of shares in JFrog Ltd., amounting to 315,458 shares, representing 0.28% ownership as of their latest SEC filing.
• JFrog reported a quarterly earnings per share (EPS) of $0.18, surpassing estimates, with a revenue of $127.20 million, reflecting a year-over-year increase of 23.5%.
• Analysts have set a consensus rating of "Moderate Buy" for JFrog, with an average price target of $46.87, as multiple firms have raised their price targets following recent performance.

Trexquant Investment LP purchased a new position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 315,458 shares of the company's stock, valued at approximately $10,095,000. Trexquant Investment LP owned about 0.28% of JFrog at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. BNP Paribas Financial Markets acquired a new position in JFrog during the fourth quarter worth $212,000. Raymond James Financial Inc. grew its holdings in JFrog by 3.2% during the first quarter. Raymond James Financial Inc. now owns 1,072,136 shares of the company's stock worth $34,308,000 after acquiring an additional 33,236 shares during the period. Nishkama Capital LLC acquired a new position in JFrog during the first quarter worth $6,561,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in JFrog by 19.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 185,552 shares of the company's stock worth $5,457,000 after acquiring an additional 30,035 shares during the period. Finally, IVC Wealth Advisors LLC acquired a new position in JFrog during the first quarter worth $220,000. Hedge funds and other institutional investors own 85.02% of the company's stock.

JFrog Trading Up 1.3%

Shares of NASDAQ FROG traded up $0.64 during trading on Thursday, reaching $48.40. The company had a trading volume of 1,149,370 shares, compared to its average volume of 1,784,902. JFrog Ltd. has a twelve month low of $27.00 and a twelve month high of $50.57. The stock has a market capitalization of $5.65 billion, a PE ratio of -62.86 and a beta of 1.07. The stock has a 50-day moving average price of $43.58 and a two-hundred day moving average price of $39.18.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The company had revenue of $127.20 million during the quarter, compared to analysts' expectations of $122.80 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The business's revenue for the quarter 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, sell-side analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on FROG shares. Morgan Stanley upped their price objective on JFrog from $39.00 to $42.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Wall Street Zen raised JFrog from a "hold" rating to a "buy" rating in a report on Sunday, June 29th. Barclays upped their price objective on JFrog from $45.00 to $52.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Needham & Company LLC reaffirmed a "buy" rating and set a $55.00 price objective (up previously from $46.00) on shares of JFrog in a report on Friday, August 8th. Finally, DA Davidson boosted 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. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.87.

Insider Buying and Selling

In other news, CRO Tali Notman sold 23,157 shares of JFrog stock in a transaction on Friday, June 6th. The stock was sold at an average price of $43.16, for a total value of $999,456.12. Following the completion of 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 Securities & Exchange Commission, which is available at the SEC website. Also, CTO Yoav Landman sold 102,419 shares of the 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 transaction, the chief technology officer owned 6,081,087 shares in the company, valued at $302,412,456.51. This trade represents a 1.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 519,958 shares of company stock valued at $23,793,505. 14.10% of the stock is owned by insiders.

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.