JFrog (NASDAQ:FROG) Shares Down 5% on Insider Selling

JFrog Ltd. (NASDAQ:FROG)’s share price dropped 5% on Wednesday after an insider sold shares in the company. The company traded as low as $40.09 and last traded at $40.1470. Approximately 1,220,767 shares changed 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.

Specifically, CFO Eduard Grabscheid sold 6,063 shares of JFrog stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total transaction of $244,460.16. Following the completion of the transaction, the chief financial officer directly owned 233,839 shares of the company’s stock, valued at approximately $9,428,388.48. The trade was a 2.53% 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, CFO Eduard Grabscheid sold 15,639 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $40.15, for a total transaction of $627,905.85. Following the completion of the sale, the chief financial officer directly owned 239,902 shares in the company, valued at $9,632,065.30. This trade represents a 6.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other JFrog news, Director Frederic Simon sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $42.08, for a total transaction of $420,800.00. Following the completion of the transaction, the director owned 3,558,286 shares in the company, valued at $149,732,674.88. The trade was a 0.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group reduced their price target on JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Cantor Fitzgerald reiterated an “overweight” rating and set a $80.00 target price on shares of JFrog in a research report on Wednesday, February 4th. TD Cowen boosted 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. Piper Sandler cut their price target on shares of JFrog from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, Needham & Company LLC lifted their price objective on shares of JFrog from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 7th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.42.

JFrog Stock Performance

The company’s fifty day simple moving average is $53.01 and its 200-day simple moving average is $53.56. The company has a market capitalization of $4.92 billion, a P/E ratio of -66.29 and a beta of 1.20.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The business 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 business posted $0.19 EPS. The company’s quarterly 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. On average, sell-side analysts predict that JFrog Ltd. will post -0.33 EPS for the current year.

Institutional Trading of JFrog

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. purchased a new position in shares of JFrog in the 4th quarter valued at $30,000. Farther Finance Advisors LLC boosted its position in JFrog by 318.7% during the fourth quarter. Farther Finance Advisors LLC now owns 628 shares of the company’s stock valued at $39,000 after purchasing an additional 478 shares in the last quarter. Employees Retirement System of Texas purchased a new position in JFrog in the fourth quarter valued at about $44,000. First Horizon Corp bought a new position in JFrog in the fourth quarter worth about $47,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of JFrog by 12,566.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 760 shares of the company’s stock valued at $47,000 after buying an additional 754 shares during the last quarter. Institutional investors own 85.02% of the company’s stock.

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.