Granahan Investment Management LLC Reduces Position in JFrog Ltd. $FROG

Granahan Investment Management LLC lessened its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 30.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,475 shares of the company’s stock after selling 72,693 shares during the quarter. Granahan Investment Management LLC owned about 0.14% of JFrog worth $7,785,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Aster Capital Management DIFC Ltd purchased a new stake in shares of JFrog during the 3rd quarter valued at approximately $56,000. Wilmington Savings Fund Society FSB grew its stake 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 buying an additional 1,152 shares in the last quarter. RiverPark Advisors LLC purchased a new position in JFrog in the 3rd quarter valued at approximately $103,000. Tower Research Capital LLC TRC raised its holdings in JFrog by 7,185.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock valued at $131,000 after acquiring an additional 2,946 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of JFrog during the second quarter worth $136,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Stock Down 2.0%

FROG opened at $41.07 on Monday. The stock has a market cap of $4.91 billion, a PE ratio of -66.24 and a beta of 1.20. JFrog Ltd. has a 52 week low of $27.00 and a 52 week high of $70.43. The business’s fifty day simple moving average is $50.32 and its 200 day simple moving average is $53.45.

JFrog (NASDAQ:FROG) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $138.09 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue 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. As a group, equities analysts anticipate that JFrog Ltd. will post -0.33 earnings per share for the current year.

Insider Activity at JFrog

In related news, CRO Tali Notman sold 21,097 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $41.28, for a total value of $870,884.16. Following the completion of the sale, the executive owned 752,598 shares in the company, valued at $31,067,245.44. The trade was a 2.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ben Haim Shlomi sold 71,841 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total value of $2,884,416.15. Following the completion of the sale, the chief executive officer directly owned 4,815,612 shares of the company’s stock, valued at approximately $193,346,821.80. This represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 351,960 shares of company stock worth $17,367,657 in the last quarter. 14.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

FROG has been the subject of a number of analyst reports. BTIG Research cut their price target on JFrog from $83.00 to $70.00 and set a “buy” rating for the company in a report on Friday, February 13th. UBS Group set a $60.00 price objective on JFrog in a report on Friday, February 13th. Weiss Ratings restated a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. Barclays lifted their target price on JFrog from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Finally, Wall Street Zen raised shares of JFrog from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, JFrog presently has an average rating of “Moderate Buy” and an average price target of $67.42.

JFrog Profile

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.