J. Safra Sarasin Holding AG Invests $7.09 Million in JFrog Ltd. $FROG

J. Safra Sarasin Holding AG purchased a new stake in JFrog Ltd. (NASDAQ:FROG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 149,834 shares of the company’s stock, valued at approximately $7,092,000. J. Safra Sarasin Holding AG owned 0.13% of JFrog at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Scalar Gauge Management LLC acquired a new stake in shares of JFrog during the third quarter worth $2,745,000. Teacher Retirement System of Texas raised its stake in JFrog by 47.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 57,968 shares of the company’s stock worth $2,744,000 after purchasing an additional 18,692 shares in the last quarter. Bailard Inc. bought a new stake in JFrog in the 3rd quarter valued at about $208,000. Verdence Capital Advisors LLC increased its holdings in shares of JFrog by 2.7% during the third quarter. Verdence Capital Advisors LLC now owns 9,639 shares of the company’s stock worth $481,000 after purchasing an additional 253 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in JFrog during the 3rd quarter worth $224,000. Institutional investors own 85.02% of the company’s stock.

Analysts Set New Price Targets

FROG has been the topic of several analyst reports. Morgan Stanley increased their target price on JFrog from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. JPMorgan Chase & Co. upped their price target on shares of JFrog from $55.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. KeyCorp lifted their price objective on shares of JFrog from $71.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Wall Street Zen upgraded JFrog from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Barclays raised 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. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $65.71.

JFrog Price Performance

JFrog stock opened at $59.17 on Wednesday. The business has a 50 day moving average of $62.10 and a 200-day moving average of $52.72. The company has a market capitalization of $7.00 billion, a P/E ratio of -84.53 and a beta of 1.13. JFrog Ltd. has a 1 year low of $27.00 and a 1 year high of $70.43.

JFrog (NASDAQ:FROG) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.06. The firm had revenue of $136.91 million during 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%. The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 EPS. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Equities analysts anticipate that JFrog Ltd. will post -0.33 EPS for the current year.

Insider Buying and Selling at JFrog

In related news, Director Frederic Simon sold 80,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $59.51, for a total value of $4,760,800.00. Following the sale, the director owned 3,660,786 shares in the company, valued at approximately $217,853,374.86. The trade was a 2.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Yoav Landman sold 45,000 shares of JFrog stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $57.71, for a total value of $2,596,950.00. Following the transaction, the chief technology officer owned 5,868,641 shares of the company’s stock, valued at approximately $338,679,272.11. This represents a 0.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 497,814 shares of company stock valued at $30,245,410 over the last quarter. Company insiders own 14.10% of the company’s stock.

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.