Light Street Capital Management LLC Sells 29,505 Shares of JFrog Ltd. $FROG

Light Street Capital Management LLC lessened its holdings in shares of JFrog Ltd. (NASDAQ:FROG) by 4.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 579,265 shares of the company’s stock after selling 29,505 shares during the period. JFrog accounts for about 4.6% of Light Street Capital Management LLC’s portfolio, making the stock its 10th largest position. Light Street Capital Management LLC owned 0.49% of JFrog worth $27,417,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FROG. Aster Capital Management DIFC Ltd acquired a new position in JFrog during the 3rd quarter worth about $56,000. Wilmington Savings Fund Society FSB increased its position 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 acquiring an additional 1,152 shares in the last quarter. RiverPark Advisors LLC bought a new position in shares of JFrog in the third quarter worth about $103,000. Tower Research Capital LLC TRC lifted its position in shares of JFrog by 7,185.4% during the second quarter. Tower Research Capital LLC TRC now owns 2,987 shares of the company’s stock worth $131,000 after purchasing an additional 2,946 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of JFrog during the second quarter worth approximately $136,000. 85.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on FROG shares. Raymond James Financial reissued an “outperform” rating and issued a $70.00 price target on shares of JFrog in a report on Thursday, February 26th. UBS Group set a $60.00 price objective on JFrog in a report on Friday, February 13th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $80.00 price objective on shares of JFrog in a research report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. Finally, KeyCorp boosted their target price on JFrog from $71.00 to $79.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 16th. Seventeen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $67.05.

Insider Activity at JFrog

In other news, CTO Yoav Landman sold 45,000 shares of the stock in a transaction on Friday, January 16th. The stock was 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 $338,679,272.11. This represents a 0.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frederic Simon sold 10,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $42.08, for a total value 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. This represents a 0.28% 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 owned by company insiders.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $43.09 on Tuesday. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of -69.50 and a beta of 1.20. The company has a 50 day moving average of $50.00 and a 200-day moving average of $53.40. JFrog Ltd. has a one year low of $27.00 and a one year high of $70.43.

JFrog (NASDAQ:FROG) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.22 earnings per share 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 for the quarter, compared to analyst estimates of $138.09 million. During the same period in the prior year, the business posted $0.19 earnings per share. JFrog’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. Equities research analysts anticipate that JFrog Ltd. will post -0.33 earnings per share for the current year.

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.