JFrog (NASDAQ:FROG) Cut to “Hold” at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen downgraded shares of JFrog (NASDAQ:FROG – Free Report) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

FROG has been the topic of a number of other reports. KeyCorp lifted their price target on JFrog from $46.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Barclays lifted their price target on JFrog from $45.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. DA Davidson lifted their price objective on JFrog from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. Raymond James Financial lifted their price objective on JFrog from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on JFrog from $45.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, JFrog has an average rating of “Moderate Buy” and an average target price of $46.87.

View Our Latest Stock Analysis on JFrog

JFrog Stock Performance

FROG stock opened at $50.06 on Friday. The company has a market capitalization of $5.84 billion, a price-to-earnings ratio of -65.01 and a beta of 1.06. JFrog has a fifty-two week low of $27.00 and a fifty-two week high of $50.57. The stock has a fifty day moving average of $43.70 and a 200-day moving average of $39.23.

JFrog (NASDAQ:FROG – Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. JFrog had a negative return on equity of 7.54% and a negative net margin of 18.18%.The business had revenue of $127.20 million during the quarter, compared to the consensus estimate of $122.80 million. During the same quarter last year, the company earned $0.15 EPS. The firm’s revenue was up 23.5% compared to the same quarter last year. JFrog has set its FY 2025 guidance at 0.680-0.70 EPS. Q3 2025 guidance at 0.150-0.17 EPS. Equities analysts predict that JFrog will post -0.33 EPS for the current year.

Insiders Place Their Bets

In other JFrog news, CEO Ben Haim Shlomi sold 29,101 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $47.78, for a total value of $1,390,445.78. Following the sale, the chief executive officer directly owned 4,937,311 shares of the company’s stock, valued at approximately $235,904,719.58. The trade was a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CRO Tali Notman sold 14,451 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $47.78, for a total value of $690,468.78. Following the completion of the sale, the executive directly owned 671,909 shares in the company, valued at $32,103,812.02. This trade represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 442,522 shares of company stock valued at $20,456,252. Company insiders own 14.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FROG. Northern Trust Corp increased its position in JFrog by 79.0% during the fourth quarter. Northern Trust Corp now owns 155,121 shares of the company’s stock valued at $4,562,000 after acquiring an additional 68,463 shares during the last quarter. Ameriprise Financial Inc. increased its position in JFrog by 29.8% in the fourth quarter. Ameriprise Financial Inc. now owns 128,055 shares of the company’s stock worth $3,766,000 after buying an additional 29,372 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in JFrog in the fourth quarter worth about $212,000. Centiva Capital LP bought a new position in shares of JFrog in the fourth quarter worth about $406,000. Finally, Cetera Investment Advisers bought a new position in shares of JFrog in the fourth quarter worth about $452,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Company Profile

(Get Free Report)

JFrog Ltd. provides end-to-end hybrid software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software packages; JFrog Curation that functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, primarily from open source or public repositories; JFrog Xray, which scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Distribution that provides software package distribution.

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