JFrog (NASDAQ:FROG) Stock Jumps 5.7% - Time to Buy?

Key Points

• JFrog shares rose 5.7% to about $89.08 in midday trading, though volume was roughly 93% below the stock’s average daily volume.
• Analysts remain broadly optimistic, with a consensus “Moderate Buy” rating and an average price target of $109.71; 21 analysts rate the stock Buy, compared with one Hold and one Sell.
• JFrog exceeded quarterly expectations, reporting adjusted EPS of $0.27 versus $0.24 expected and revenue of $163.77 million, up 28.7% year over year. However, insiders sold about $86.7 million of shares over the past quarter, while the company continues to report negative net margins.

JFrog Ltd. (NASDAQ:FROG - Get Free Report) shares were up 5.7% during mid-day trading on Monday. The stock traded as high as $89.31 and last traded at $89.0780. Approximately 183,606 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 2,738,159 shares. The stock had previously closed at $84.31.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Piper Sandler boosted their price objective on JFrog from $65.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. TD Cowen reaffirmed a "buy" rating and issued a $120.00 target price on shares of JFrog in a report on Thursday, September 3rd. Stifel Nicolaus set a $102.00 price target on shares of JFrog in a research note on Friday, September 4th. UBS Group boosted their price target on shares of JFrog from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Barclays restated an "overweight" rating and issued a $110.00 price target on shares of JFrog in a research note on Friday, August 7th. Twenty-one investment 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $109.71.

JFrog Stock Up 8.7%

The stock has a market capitalization of $11.30 billion, a PE ratio of -247.43 and a beta of 1.24. The business's 50-day moving average is $92.85 and its two-hundred day moving average is $79.28.

JFrog (NASDAQ:FROG - Get Free Report) last issued 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. JFrog had a negative return on equity of 2.71% and a negative net margin of 7.35%. The company had revenue of $163.77 million for the quarter, compared to analyst estimates of $155.63 million. During the same quarter last year, the company posted $0.18 earnings per share. The business's quarterly revenue was up 28.7% compared to the same quarter last year. JFrog has set its Q3 2026 guidance at 0.220-0.240 EPS and its FY 2026 guidance at 0.960-1.000 EPS. As a group, analysts anticipate that JFrog Ltd. will post -0.11 EPS for the current year.

Insider Transactions at JFrog

In other JFrog news, CRO Tali Notman sold 19,157 shares of the business's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $90.51, for a total value of $1,733,900.07. Following the completion of the sale, the executive owned 687,472 shares in the company, valued at approximately $62,223,090.72. The trade was a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Shlomi Ben Haim sold 45,700 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $85.35, for a total value of $3,900,495.00. Following the completion of the sale, the chief executive officer owned 4,449,305 shares of the company's stock, valued at approximately $379,748,181.75. This represents a 1.02% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 915,453 shares of company stock worth $86,651,766. 11.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FROG. Triasima Portfolio Management inc. raised its stake in shares of JFrog by 34.9% during the third quarter. Triasima Portfolio Management inc. now owns 7,630 shares of the company's stock worth $740,000 after purchasing an additional 1,975 shares during the last quarter. State of Alaska Department of Revenue grew its position in JFrog by 21.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 6,933 shares of the company's stock valued at $672,000 after buying an additional 1,204 shares during the last quarter. Avior Wealth Management LLC increased its stake in JFrog by 26.9% in the 3rd quarter. Avior Wealth Management LLC now owns 4,038 shares of the company's stock valued at $392,000 after buying an additional 856 shares during the period. Perpetual Ltd increased its stake in JFrog by 3.4% in the 3rd quarter. Perpetual Ltd now owns 222,681 shares of the company's stock valued at $21,609,000 after buying an additional 7,247 shares during the period. Finally, GK Wealth Management LLC acquired a new position in JFrog in the 3rd quarter valued at $74,000. 85.02% of the stock is owned by hedge funds and other institutional investors.

About JFrog

JFrog Ltd. is a software company that provides a platform for managing, securing and distributing software packages and releases throughout the application development lifecycle. Its technology is designed to help organizations move software reliably from development through production across cloud, on-premises and hybrid environments.

The company's products include JFrog Artifactory, a repository for storing and managing software packages and container images; JFrog Xray, which provides security and compliance analysis for software components; and tools for continuous integration, continuous delivery, software distribution and release management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.