JPMorgan Chase & Co. Sells 559,669 Shares of JFrog Ltd. $FROG

JPMorgan Chase & Co. decreased its holdings in JFrog Ltd. (NASDAQ:FROG) by 29.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,343,727 shares of the company’s stock after selling 559,669 shares during the period. JPMorgan Chase & Co.’s holdings in JFrog were worth $63,599,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Norges Bank bought a new stake in JFrog during the 2nd quarter valued at approximately $50,968,000. Lazard Asset Management LLC boosted its stake in JFrog by 1,669.6% in the 3rd quarter. Lazard Asset Management LLC now owns 1,185,416 shares of the company’s stock worth $56,106,000 after purchasing an additional 1,118,427 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new stake in JFrog during the 3rd quarter valued at approximately $51,443,000. Marshall Wace LLP grew its holdings in JFrog by 4,233.4% during the 2nd quarter. Marshall Wace LLP now owns 980,179 shares of the company’s stock valued at $43,010,000 after buying an additional 957,560 shares in the last quarter. Finally, Shannon River Fund Management LLC raised its position in shares of JFrog by 298.5% during the third quarter. Shannon River Fund Management LLC now owns 863,924 shares of the company’s stock valued at $40,890,000 after buying an additional 647,140 shares during the last quarter. Hedge funds and other institutional investors own 85.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Evercore set a $80.00 target price on shares of JFrog in a research report on Thursday, February 26th. William Blair reiterated an “outperform” rating on shares of JFrog in a report on Monday, February 23rd. Stifel Nicolaus decreased their price target on shares of JFrog from $64.00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. TD Cowen increased their price objective on shares of JFrog from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, UBS Group set a $60.00 price objective on JFrog in a research report on Friday, February 13th. Seventeen 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.05.

Insider Transactions at JFrog

In related news, Director Frederic Simon sold 10,000 shares of JFrog stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $42.08, for a total transaction of $420,800.00. Following the completion of the transaction, the director directly owned 3,558,286 shares of the company’s stock, valued at approximately $149,732,674.88. The trade was a 0.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Tali Notman sold 21,097 shares of JFrog stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $41.28, for a total transaction of $870,884.16. Following the transaction, the executive directly owned 752,598 shares of the company’s stock, valued at approximately $31,067,245.44. This represents a 2.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 351,960 shares of company stock worth $17,367,657. 14.10% of the stock is currently owned by insiders.

JFrog Stock Performance

NASDAQ FROG opened at $43.46 on Friday. The business’s 50 day moving average price is $48.98 and its 200-day moving average price is $53.23. JFrog Ltd. has a fifty-two week low of $27.00 and a fifty-two week high of $70.43. The company has a market cap of $5.20 billion, a P/E ratio of -70.10 and a beta of 1.20.

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 analysts’ consensus estimates of $0.19 by $0.03. The company had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. JFrog had a negative return on equity of 5.74% and a negative net margin of 13.50%.JFrog’s revenue was up 25.2% on a year-over-year basis. During the same period last year, the company earned $0.19 earnings per share. 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 predict that JFrog Ltd. will post -0.33 EPS for the current year.

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.