JFrog Ltd. (NASDAQ:FROG) Short Interest Down 19.5% in April

JFrog Ltd. (NASDAQ:FROG) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 6,003,571 shares, a decrease of 19.5% from the March 31st total of 7,454,036 shares. Currently, 5.6% of the company’s shares are sold short. Based on an average daily volume of 2,852,958 shares, the days-to-cover ratio is presently 2.1 days.

JFrog Price Performance

Shares of JFrog stock traded up $0.17 during midday trading on Thursday, reaching $46.44. 2,179,300 shares of the company’s stock traded hands, compared to its average volume of 2,276,752. The stock has a 50 day moving average of $43.80 and a 200-day moving average of $52.60. JFrog has a 12 month low of $33.33 and a 12 month high of $70.43.

JFrog (NASDAQ:FROG) last posted its quarterly earnings data 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 business 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%.The firm’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter in the prior 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 research analysts forecast that JFrog will post -0.21 earnings per share for the current year.

Insider Activity

In other news, CRO Tali Notman sold 21,097 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $41.28, for a total transaction of $870,884.16. Following the completion of the sale, the executive 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. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Eduard Grabscheid sold 6,063 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $40.32, for a total value of $244,460.16. Following the sale, the chief financial officer directly owned 233,839 shares of the company’s stock, valued at approximately $9,428,388.48. This trade represents a 2.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 320,003 shares of company stock valued at $14,186,031. Corporate insiders own 11.80% of the company’s stock.

Hedge Funds Weigh In On JFrog

A number of institutional investors have recently added to or reduced their stakes in FROG. Wasatch Advisors LP raised its holdings in JFrog by 187.4% in the first quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares in the last quarter. Whale Rock Capital Management LLC raised its holdings in JFrog by 82.2% in the fourth quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares in the last quarter. Invesco Ltd. raised its holdings in JFrog by 6,868.3% in the fourth quarter. Invesco Ltd. now owns 2,104,071 shares of the company’s stock worth $131,420,000 after purchasing an additional 2,073,876 shares in the last quarter. Swedbank AB bought a new position in JFrog in the first quarter worth $78,872,000. Finally, Anatole Investment Management Ltd bought a new position in JFrog in the fourth quarter worth $86,557,000. Institutional investors own 85.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on FROG shares. UBS Group upgraded JFrog from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a report on Tuesday, March 24th. Evercore set a $80.00 target price on JFrog in a report on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating and set a $80.00 target price on shares of JFrog in a report on Wednesday, April 22nd. DA Davidson decreased their target price on JFrog from $75.00 to $65.00 and set a “buy” rating for the company in a report on Friday, February 13th. Finally, Guggenheim restated a “buy” rating and set a $60.00 target price on shares of JFrog in a report on Tuesday, April 21st. Eighteen equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, JFrog presently has an average rating of “Moderate Buy” and an average price target of $67.63.

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.