JFrog Ltd. (NASDAQ:FROG) Sees Significant Growth in Short Interest

Key Points

• Short interest increased 41.8% in March to 7,587,726 shares (7.4% of shares short) with a short-interest ratio of 2.7 days based on average daily volume.
• Shares traded down 7.6% to $43.33 despite an EPS beat ($0.22 vs. $0.19) and raised guidance, while analysts maintain a Moderate Buy consensus with a $67.05 target.
• Insiders sold 351,960 shares (~$17.37M) over the last quarter even as institutional investors increased holdings and now own 85.02% of the company.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,587,726 shares, an increase of 41.8% from the February 26th total of 5,351,094 shares. Currently, 7.4% of the company's shares are short sold. Based on an average daily volume of 2,845,875 shares, the short-interest ratio is presently 2.7 days.

Analysts Set New Price Targets

Several brokerages recently commented on FROG. Stifel Nicolaus reduced their target price on JFrog from $64.00 to $52.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Guggenheim assumed coverage on shares of JFrog in a report on Monday, March 16th. They set a "buy" rating and a $60.00 price target for the company. Barclays upped their price objective on shares of JFrog from $67.00 to $70.00 and gave the company an "overweight" rating in a research note on Monday, January 12th. Weiss Ratings reiterated a "sell (d-)" rating on shares of JFrog in a research report on Thursday, January 22nd. Finally, DA Davidson lowered their target price on shares of JFrog from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Friday, February 13th. Eighteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, JFrog currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.05.

JFrog Stock Down 7.6%

FROG traded down $3.58 during trading on Friday, hitting $43.33. The company's stock had a trading volume of 3,807,296 shares, compared to its average volume of 3,208,563. JFrog has a twelve month low of $27.00 and a twelve month high of $70.43. The stock's fifty day moving average price is $47.34 and its 200-day moving average price is $53.03. The firm has a market capitalization of $5.18 billion, a P/E ratio of -69.89 and a beta of 1.20.

JFrog (NASDAQ:FROG - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.The firm had revenue of $145.31 million for the quarter, compared to analysts' expectations of $138.09 million. During the same period in the prior year, the business earned $0.19 EPS. The company's revenue for the quarter was up 25.2% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.880-0.920 EPS and its Q1 2026 guidance at 0.200-0.220 EPS. Equities research analysts expect that JFrog will post -0.33 EPS for the current fiscal year.

Insider Buying and Selling

In other JFrog news, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $57.71, for a total transaction of $2,596,950.00. Following the transaction, the chief technology officer directly owned 5,868,641 shares of the company's stock, valued at approximately $338,679,272.11. The trade was a 0.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eduard Grabscheid sold 6,063 shares of the company's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total value of $244,460.16. Following the completion of the sale, the chief financial officer owned 233,839 shares in the company, valued at $9,428,388.48. This trade represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 351,960 shares of company stock valued at $17,367,657 over the last quarter. 14.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On JFrog

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in JFrog by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company's stock worth $593,734,000 after buying an additional 362,654 shares in the last quarter. Whale Rock Capital Management LLC lifted its stake in JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company's stock valued at $330,901,000 after acquiring an additional 2,389,415 shares in the last quarter. Wasatch Advisors LP boosted its holdings in JFrog by 6.0% during the 3rd quarter. Wasatch Advisors LP now owns 2,710,886 shares of the company's stock worth $128,306,000 after acquiring an additional 153,283 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in JFrog by 30.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company's stock worth $167,590,000 after acquiring an additional 633,231 shares during the last quarter. Finally, Fiera Capital Corp grew its stake in shares of JFrog by 37.5% in the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company's stock worth $140,750,000 after acquiring an additional 614,383 shares in the last quarter. Institutional investors and hedge funds own 85.02% of the company's stock.

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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