66,202 Shares in JFrog Ltd. $FROG Acquired by Wilson Asset Management International PTY Ltd.

Wilson Asset Management International PTY Ltd. purchased a new stake in JFrog Ltd. (NASDAQ:FROG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 66,202 shares of the company’s stock, valued at approximately $3,133,000. Wilson Asset Management International PTY Ltd. owned approximately 0.06% of JFrog as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB lifted its position in JFrog by 1,086.8% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,258 shares of the company’s stock valued at $60,000 after acquiring an additional 1,152 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of JFrog by 7,185.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after purchasing an additional 2,946 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of JFrog in the second quarter valued at about $136,000. Northwest & Ethical Investments L.P. acquired a new position in shares of JFrog during the second quarter worth about $171,000. Finally, Headlands Technologies LLC bought a new position in shares of JFrog during the second quarter worth about $181,000. Institutional investors own 85.02% of the company’s stock.

JFrog Price Performance

Shares of FROG stock opened at $47.99 on Monday. The company has a fifty day moving average price of $60.87 and a two-hundred day moving average price of $53.40. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43. The stock has a market cap of $5.68 billion, a P/E ratio of -68.56 and a beta of 1.13.

JFrog (NASDAQ:FROG) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $136.91 million for the quarter, compared to analyst estimates of $128.28 million. JFrog had a negative net margin of 15.88% and a negative return on equity of 6.69%. JFrog’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 EPS. As a group, equities research analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current fiscal year.

Insider Buying and Selling at JFrog

In other JFrog news, Director Frederic Simon sold 80,000 shares of JFrog stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the completion of the transaction, the director directly owned 3,660,786 shares of the company’s stock, valued at $217,853,374.86. The trade was a 2.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CRO Tali Notman sold 13,357 shares of JFrog stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $64.80, for a total transaction of $865,533.60. Following the sale, the executive directly owned 631,325 shares of the company’s stock, valued at $40,909,860. The trade was a 2.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 382,814 shares of company stock worth $23,671,260. 14.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FROG has been the topic of several research reports. Cantor Fitzgerald restated an “overweight” rating and issued a $80.00 target price on shares of JFrog in a research note on Wednesday, February 4th. Canaccord Genuity Group boosted their price objective on shares of JFrog from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Piper Sandler raised their target price on shares of JFrog from $60.00 to $70.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Morgan Stanley lifted their price target on shares of JFrog from $65.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Finally, UBS Group restated a “neutral” rating on shares of JFrog in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $65.71.

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.