JFrog (NASDAQ:FROG) Trading Down 5% – Here’s What Happened

JFrog Ltd. (NASDAQ:FROG) was down 5% during trading on Wednesday . The stock traded as low as $40.09 and last traded at $40.1470. Approximately 1,220,767 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 3,399,608 shares. The stock had previously closed at $42.24.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. William Blair reaffirmed an “outperform” rating on shares of JFrog in a research report on Monday, February 23rd. Needham & Company LLC upped their target price on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 7th. TD Cowen raised their target price on shares of JFrog from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Wall Street Zen raised JFrog from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Finally, Canaccord Genuity Group dropped their price objective on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, JFrog currently has a consensus rating of “Moderate Buy” and an average price target of $67.42.

JFrog Stock Down 6.0%

The company has a market cap of $4.75 billion, a P/E ratio of -64.22 and a beta of 1.20. The stock has a 50 day moving average price of $54.06 and a two-hundred day moving average price of $53.75.

JFrog (NASDAQ:FROG) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating 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 analyst estimates of $138.09 million. During the same period in the prior year, the firm posted $0.19 EPS. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. 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 analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Ben Haim Shlomi sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $51.92, for a total value of $1,298,000.00. Following the completion of the sale, the chief executive officer directly owned 4,741,893 shares in the company, valued at approximately $246,199,084.56. The trade was a 0.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frederic Simon sold 80,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $59.51, for a total value of $4,760,800.00. Following the sale, the director directly owned 3,660,786 shares in the company, valued at $217,853,374.86. This represents a 2.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 260,314 shares of company stock worth $15,973,060. 14.10% of the stock is currently owned by insiders.

Institutional Trading of JFrog

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in shares of JFrog by 48.4% during the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock worth $6,053,000 after purchasing an additional 61,685 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in JFrog during the first quarter worth about $205,000. AQR Capital Management LLC bought a new position in JFrog in the 1st quarter valued at about $368,000. Integrated Wealth Concepts LLC bought a new position in JFrog in the 1st quarter valued at about $203,000. Finally, Goldman Sachs Group Inc. raised its position in shares of JFrog by 14.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after buying an additional 88,784 shares in the last quarter. 85.02% of the stock is currently owned by institutional investors.

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.