Wasatch Advisors LP Has $260.95 Million Holdings in JFrog Ltd. $FROG

Wasatch Advisors LP cut its stake in JFrog Ltd. (NASDAQ:FROG) by 30.9% in the second quarter, Holdings Channel.com reports. The firm owned 2,871,348 shares of the company’s stock after selling 1,284,685 shares during the period. JFrog makes up approximately 1.7% of Wasatch Advisors LP’s holdings, making the stock its 13th largest holding. Wasatch Advisors LP’s holdings in JFrog were worth $260,948,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Snowden Capital Advisors LLC increased its holdings in shares of JFrog by 1.7% during the 2nd quarter. Snowden Capital Advisors LLC now owns 15,183 shares of the company’s stock worth $666,000 after purchasing an additional 253 shares during the period. Oppenheimer Asset Management Inc. raised its position 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 valued at $948,000 after buying an additional 299 shares during the last quarter. Praxis Investment Management Inc. lifted its stake 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 buying an additional 330 shares during the period. Integrated Wealth Concepts LLC lifted its stake 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 buying an additional 377 shares during the period. Finally, Millstone Evans Group LLC lifted 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 buying an additional 427 shares during the period. 85.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

FROG has been the topic of several research reports. TD Cowen boosted their price target on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday. Guggenheim upped their price target on JFrog from $105.00 to $115.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC raised their price objective on JFrog from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson lifted their price objective on JFrog from $90.00 to $115.00 and gave the stock a “buy” rating in a report on Friday. Finally, Benchmark boosted their price objective on JFrog from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Twenty-one research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.81.

Insider Buying and Selling

In other news, CEO Ben Haim Shlomi sold 15,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $91.00, for a total value of $1,365,000.00. Following the completion of the transaction, the chief executive officer directly owned 4,562,237 shares of the company’s stock, valued at approximately $415,163,567. This represents a 0.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Tali Notman sold 22,015 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the transaction, the executive directly owned 706,629 shares of the company’s stock, valued at approximately $59,321,504.55. The trade was a 3.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 953,649 shares of company stock valued at $77,712,827. 11.80% of the stock is currently owned by company insiders.

JFrog Stock Performance

Shares of JFrog stock opened at $86.10 on Wednesday. The firm has a market cap of $10.62 billion, a P/E ratio of -232.70 and a beta of 1.22. The firm’s 50-day simple moving average is $85.11 and its 200-day simple moving average is $63.61. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $99.22.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results 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 net margin of 7.35% and a negative return on equity of 2.76%. The company’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, equities analysts forecast that JFrog Ltd. will post -0.15 earnings per share for the current fiscal year.

JFrog Company 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.