JPMorgan Chase & Co. Has $63.60 Million Stock Position in JFrog Ltd. $FROG

JPMorgan Chase & Co. lessened its position in shares of JFrog Ltd. (NASDAQ:FROG) by 29.4% in the third quarter, HoldingsChannel.com reports. The firm owned 1,343,727 shares of the company’s stock after selling 559,669 shares during the quarter. JPMorgan Chase & Co.’s holdings in JFrog were worth $63,599,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D boosted its stake in shares of JFrog by 3.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 45,363 shares of the company’s stock valued at $2,147,000 after purchasing an additional 1,326 shares during the last quarter. HighTower Advisors LLC lifted its holdings in JFrog by 452.1% in the third quarter. HighTower Advisors LLC now owns 56,821 shares of the company’s stock valued at $2,689,000 after buying an additional 46,529 shares during the period. Public Sector Pension Investment Board acquired a new position in JFrog in the third quarter valued at $3,247,000. Bryce Point Capital LLC acquired a new stake in JFrog during the 3rd quarter worth about $479,000. Finally, Wilson Asset Management International PTY Ltd. acquired a new stake in JFrog during the 3rd quarter worth about $3,133,000. Institutional investors own 85.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on FROG shares. BTIG Research dropped their price objective on JFrog from $83.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. William Blair reiterated an “outperform” rating on shares of JFrog in a report on Monday. JPMorgan Chase & Co. boosted their price target on JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. UBS Group set a $60.00 price target on JFrog in a report on Friday, February 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a research note on Thursday, January 22nd. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $65.89.

Insider Buying and Selling at JFrog

In other news, Director Yvonne Wassenaar sold 1,957 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $58.70, for a total transaction of $114,875.90. Following the completion of the sale, the director directly owned 20,495 shares of the company’s stock, valued at $1,203,056.50. The trade was a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frederic Simon sold 80,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $59.51, for a total transaction of $4,760,800.00. Following the completion of the sale, the director owned 3,660,786 shares in the company, valued at $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 have sold a total of 327,814 shares of company stock worth $20,028,460 in the last ninety days. 14.10% of the stock is currently owned by corporate insiders.

JFrog Stock Performance

Shares of NASDAQ:FROG opened at $37.19 on Wednesday. JFrog Ltd. has a 52-week low of $27.00 and a 52-week high of $70.43. The business’s 50 day simple moving average is $56.60 and its two-hundred day simple moving average is $53.81. The firm has a market cap of $4.45 billion, a P/E ratio of -59.98 and a beta of 1.13.

JFrog (NASDAQ:FROG) last released its quarterly earnings data 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 return on equity of 5.74% and a negative net margin of 13.50%.The firm had revenue of $145.31 million during the quarter, compared to the consensus estimate of $138.09 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up 25.2% on a year-over-year basis. 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, equities analysts forecast that JFrog Ltd. will post -0.33 earnings per share for the current fiscal year.

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.