JFrog (NASDAQ:FROG) Stock Price Down 3.1% - Should You Sell?

Key Points

• JFrog shares fell 3.1% to $86.91 in unusually light trading, with volume down 94% from the average daily level.
• Analysts remain broadly bullish: 21 rate the stock a Buy, one recommends Hold and one recommends Sell. The consensus rating is “Moderate Buy,” with a $105.81 target price.
• JFrog exceeded quarterly expectations, reporting $0.27 in EPS and $163.77 million in revenue, up 28.7% year over year. However, insiders have sold about $80.2 million of stock over the past 90 days.

JFrog Ltd. (NASDAQ:FROG - Get Free Report)'s stock price fell 3.1% on Friday . The stock traded as low as $86.04 and last traded at $86.91. Approximately 169,237 shares traded hands during trading, a decline of 94% from the average daily volume of 2,960,687 shares. The stock had previously closed at $89.72.

Analyst Ratings Changes

FROG has been the subject of a number of research analyst reports. Bank of America upped their price target on JFrog from $85.00 to $100.00 and gave the stock a "buy" rating in a report on Monday, June 8th. Barclays reiterated an "overweight" rating and set a $110.00 target price on shares of JFrog in a research note on Friday, August 7th. Truist Financial increased their price target on shares of JFrog from $105.00 to $110.00 and gave the company a "buy" rating in a report on Friday, August 7th. KeyCorp boosted their price objective on shares of JFrog from $89.00 to $114.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. Finally, Cantor Fitzgerald upped their price objective on shares of JFrog from $80.00 to $100.00 and gave the company an "overweight" rating in a research report on Monday, August 3rd. Twenty-one analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $105.81.

JFrog Trading Up 1.1%

The company has a market capitalization of $11.18 billion, a P/E ratio of -245.07 and a beta of 1.22. The business's fifty day moving average price is $86.41 and its 200 day moving average price is $65.30.

JFrog (NASDAQ:FROG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. The firm had revenue of $163.77 million during the quarter, compared to analyst estimates of $155.63 million. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%.The business's revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities research analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Insider Activity at JFrog

In related news, Director Frederic Simon sold 120,000 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total value of $10,903,200.00. Following the completion of the transaction, the director owned 2,984,328 shares in the company, valued at $271,156,042.08. The trade was a 3.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Yoav Landman sold 45,000 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $90.86, for a total value of $4,088,700.00. Following the completion of the transaction, the chief technology officer owned 5,448,338 shares in the company, valued at $495,035,990.68. The trade was a 0.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 924,097 shares of company stock worth $80,245,512. 11.80% of the stock is owned by insiders.

Institutional Trading of JFrog

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FROG. Snowden Capital Advisors LLC grew its holdings in JFrog by 1.7% in the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company's stock valued at $666,000 after buying an additional 253 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of JFrog by 2.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 15,184 shares of the company's stock worth $948,000 after buying an additional 299 shares in the last quarter. Praxis Investment Management Inc. boosted its position in shares of JFrog by 8.0% in the first quarter. Praxis Investment Management Inc. now owns 4,430 shares of the company's stock valued at $208,000 after acquiring an additional 330 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of JFrog by 5.8% in the third quarter. Integrated Wealth Concepts LLC now owns 6,897 shares of the company's stock valued at $326,000 after acquiring an additional 377 shares during the period. Finally, Millstone Evans Group LLC grew its stake in shares of JFrog by 242.6% in the first 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. 85.02% of the stock is currently owned by institutional investors and hedge funds.

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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