JFrog Ltd. $FROG Shares Bought by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in JFrog Ltd. by 0.4% during the first quarter, now owning 7.74% of the company valued at $283.90 million.
• JFrog reported an earnings per share (EPS) of $0.18 for the latest quarter, exceeding expectations and reflecting a 23.5% year-over-year revenue growth.
• In recent analyst activity, multiple firms upgraded their ratings for JFrog, with price targets increasing to as high as $55.00 per share, reflecting strong overall market confidence.

Vanguard Group Inc. raised its holdings in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) by 0.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,871,984 shares of the company's stock after acquiring an additional 35,458 shares during the quarter. Vanguard Group Inc. owned approximately 7.74% of JFrog worth $283,903,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. TimesSquare Capital Management LLC grew its stake in shares of JFrog by 6.5% during the 1st quarter. TimesSquare Capital Management LLC now owns 3,622,911 shares of the company's stock worth $115,933,000 after acquiring an additional 222,635 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of JFrog by 93.8% in the 4th quarter. Mackenzie Financial Corp now owns 1,996,012 shares of the company's stock valued at $58,703,000 after buying an additional 965,912 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of JFrog by 3.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,785,401 shares of the company's stock valued at $52,509,000 after buying an additional 53,622 shares during the last quarter. Fiera Capital Corp boosted its holdings in shares of JFrog by 12.2% in the 1st quarter. Fiera Capital Corp now owns 1,694,635 shares of the company's stock valued at $54,228,000 after buying an additional 184,448 shares during the last quarter. Finally, Daventry Group LP boosted its holdings in shares of JFrog by 103.0% in the 4th quarter. Daventry Group LP now owns 1,403,708 shares of the company's stock valued at $41,283,000 after buying an additional 712,373 shares during the last quarter. 85.02% of the stock is owned by institutional investors.

Insider Buying and Selling at JFrog

In related news, CEO Ben Haim Shlomi sold 54,279 shares of JFrog stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $43.07, for a total transaction of $2,337,796.53. Following the completion of the transaction, the chief executive officer directly owned 4,996,412 shares in the company, valued at $215,195,464.84. The trade was a 1.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CRO Tali Notman sold 23,157 shares of the company's 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 sale, the executive owned 686,360 shares of the company's stock, valued at approximately $29,623,297.60. The trade was a 3.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 308,338 shares of company stock valued at $13,154,150. Corporate insiders own 14.10% of the company's stock.

JFrog Price Performance

JFrog stock traded up $1.9760 during trading hours on Thursday, reaching $46.6260. The company had a trading volume of 1,590,025 shares, compared to its average volume of 1,103,139. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of -60.47 and a beta of 1.06. JFrog Ltd. has a 12-month low of $25.93 and a 12-month high of $46.64. The company has a 50-day moving average price of $42.20 and a 200 day moving average price of $38.33.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $127.20 million during the quarter, compared to analyst estimates of $122.80 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. JFrog's revenue for the quarter was up 23.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. As a group, research analysts expect that JFrog Ltd. will post -0.33 earnings per share for the current year.

Analyst Ratings Changes

FROG has been the subject of several recent analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $55.00 price objective (up previously from $46.00) on shares of JFrog in a report on Friday, August 8th. 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. Stifel Nicolaus lifted their price objective on shares of JFrog from $45.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Cantor Fitzgerald lifted their target price on JFrog from $46.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Piper Sandler reaffirmed a "neutral" rating and set a $48.00 target price (up from $40.00) on shares of JFrog in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, JFrog currently has an average rating of "Moderate Buy" and an average price target of $46.87.

JFrog 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.