JFrog Ltd. (NASDAQ:FROG) Sees Large Growth in Short Interest

JFrog Ltd. (NASDAQ:FROG) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 7,587,726 shares, an increase of 41.8% from the February 26th total of 5,351,094 shares. Based on an average daily volume of 2,845,875 shares, the days-to-cover ratio is presently 2.7 days. Approximately 7.4% of the company’s stock are short sold.

JFrog Stock Down 7.6%

FROG traded down $3.58 during trading hours on Friday, hitting $43.33. The stock had a trading volume of 3,807,296 shares, compared to its average volume of 3,208,563. JFrog has a 1 year low of $27.00 and a 1 year high of $70.43. The company’s fifty day simple moving average is $47.34 and its 200 day simple moving average is $53.03. The stock has a market cap of $5.18 billion, a PE ratio of -69.89 and a beta of 1.20.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $145.31 million for the quarter, compared to analyst estimates of $138.09 million. JFrog had a negative net margin of 13.50% and a negative return on equity of 5.74%. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 expect that JFrog will post -0.33 EPS for the current year.

Insider Buying and Selling at JFrog

In related news, CFO Eduard Grabscheid sold 15,639 shares of JFrog stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $40.15, for a total transaction of $627,905.85. Following the sale, the chief financial officer directly owned 239,902 shares in the company, valued at approximately $9,632,065.30. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Frederic Simon sold 80,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $59.51, for a total value of $4,760,800.00. Following the completion of the transaction, the director directly owned 3,660,786 shares in the company, valued at approximately $217,853,374.86. This represents a 2.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 351,960 shares of company stock valued at $17,367,657 in the last quarter. 14.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On JFrog

A number of large investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of JFrog by 48.4% during the 1st quarter. Royal Bank of Canada now owns 189,148 shares of the company’s stock valued at $6,053,000 after purchasing an additional 61,685 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of JFrog in the first quarter worth about $205,000. AQR Capital Management LLC purchased a new stake in shares of JFrog in the first quarter worth about $368,000. Integrated Wealth Concepts LLC bought a new position in shares of JFrog in the first quarter valued at approximately $203,000. Finally, Goldman Sachs Group Inc. grew its stake in JFrog by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 692,909 shares of the company’s stock valued at $22,173,000 after acquiring an additional 88,784 shares in the last quarter. 85.02% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FROG shares. Barclays boosted their price target on shares of JFrog from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Morgan Stanley set a $70.00 price objective on shares of JFrog in a report on Monday, February 23rd. Canaccord Genuity Group dropped their target price on shares of JFrog from $75.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. DA Davidson reduced their target price on shares of JFrog from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, William Blair restated an “outperform” rating on shares of JFrog in a research note on Monday, February 23rd. Eighteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, JFrog presently has an average rating of “Moderate Buy” and an average target price of $67.05.

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.