JFrog Ltd. (NASDAQ:FROG) Holdings Raised by Champlain Investment Partners LLC

Champlain Investment Partners LLC increased its position in shares of JFrog Ltd. (NASDAQ:FROG - Free Report) by 48.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,446,819 shares of the company's stock after purchasing an additional 797,949 shares during the quarter. Champlain Investment Partners LLC owned 2.40% of JFrog worth $71,961,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in JFrog by 5.3% in the 4th quarter. JPMorgan Chase & Co. now owns 1,589,284 shares of the company's stock valued at $46,741,000 after acquiring an additional 80,432 shares during the last quarter. abrdn plc increased its stake in shares of JFrog by 4.1% during the 4th quarter. abrdn plc now owns 772,202 shares of the company's stock valued at $22,784,000 after acquiring an additional 30,392 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of JFrog by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 8,836,526 shares of the company's stock worth $259,882,000 after acquiring an additional 349,532 shares during the period. Peregrine Capital Management LLC boosted its position in shares of JFrog by 11.9% in the fourth quarter. Peregrine Capital Management LLC now owns 327,835 shares of the company's stock worth $9,642,000 after acquiring an additional 34,900 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its position in shares of JFrog by 12.0% in the fourth quarter. TimesSquare Capital Management LLC now owns 3,400,276 shares of the company's stock worth $100,002,000 after acquiring an additional 365,376 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.

Insider Activity at JFrog

In other JFrog news, CTO Yoav Landman sold 20,000 shares of the business's stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $30.45, for a total transaction of $609,000.00. Following the completion of the transaction, the chief technology officer now directly owns 6,436,901 shares of the company's stock, valued at $196,003,635.45. The trade was a 0.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frederic Simon sold 35,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $35.92, for a total transaction of $1,257,200.00. Following the completion of the sale, the director now owns 4,409,432 shares in the company, valued at $158,386,797.44. The trade was a 0.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 429,104 shares of company stock worth $15,084,429 in the last 90 days. 15.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Truist Financial lifted their price target on shares of JFrog from $35.00 to $45.00 and gave the company a "buy" rating in a report on Friday, February 14th. Morgan Stanley lowered their price target on JFrog from $44.00 to $39.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Barclays lifted their price objective on JFrog from $38.00 to $48.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Canaccord Genuity Group increased their target price on shares of JFrog from $38.00 to $45.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Finally, KeyCorp reissued an "overweight" rating and issued a $46.00 price objective (up previously from $36.00) on shares of JFrog in a research report on Friday, February 14th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.71.

JFrog Stock Up 3.7 %

FROG stock traded up $1.10 during trading on Tuesday, hitting $30.89. 120,791 shares of the company's stock traded hands, compared to its average volume of 1,146,803. The stock has a fifty day moving average price of $33.98 and a two-hundred day moving average price of $32.41. JFrog Ltd. has a 52 week low of $22.91 and a 52 week high of $43.00. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of -49.02 and a beta of 0.98.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.28). JFrog had a negative return on equity of 6.42% and a negative net margin of 16.16%. The business had revenue of $116.08 million for the quarter, compared to analyst estimates of $114.16 million. As a group, equities research analysts expect that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

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.