JFrog Ltd. (NASDAQ:FROG) Short Interest Update

by · The Markets Daily

JFrog Ltd. (NASDAQ:FROGGet Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,021,709 shares, an increase of 67.9% from the November 30th total of 1,799,793 shares. Based on an average trading volume of 2,323,156 shares, the short-interest ratio is presently 1.3 days. Approximately 3.0% of the company’s shares are sold short. Approximately 3.0% of the company’s shares are sold short. Based on an average trading volume of 2,323,156 shares, the short-interest ratio is presently 1.3 days.

Insider Transactions at JFrog

In other JFrog news, CEO Ben Haim Shlomi sold 15,000 shares of JFrog stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $48.08, for a total value of $721,200.00. Following the completion of the sale, the chief executive officer directly owned 4,884,152 shares in the company, valued at approximately $234,830,028.16. The trade was a 0.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Tali Notman sold 13,357 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $64.80, for a total value of $865,533.60. Following the completion of the transaction, the executive directly owned 631,325 shares in the company, valued at approximately $40,909,860. This trade represents a 2.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 398,601 shares of company stock worth $23,778,920. Corporate insiders own 14.10% of the company’s stock.

Hedge Funds Weigh In On JFrog

Hedge funds and other institutional investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership grew its stake in JFrog by 3,033.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 291,134 shares of the company’s stock valued at $12,775,000 after buying an additional 281,844 shares in the last quarter. Sound View Wealth Advisors Group LLC bought a new position in shares of JFrog in the second quarter worth $233,000. Praesidium Investment Management Company LLC grew its position in shares of JFrog by 8.4% in the first quarter. Praesidium Investment Management Company LLC now owns 1,590,388 shares of the company’s stock valued at $50,892,000 after purchasing an additional 123,160 shares in the last quarter. Lisanti Capital Growth LLC raised its stake in shares of JFrog by 10.2% during the 2nd quarter. Lisanti Capital Growth LLC now owns 110,195 shares of the company’s stock valued at $4,835,000 after purchasing an additional 10,230 shares during the period. Finally, Eminence Capital LP bought a new stake in shares of JFrog during the 1st quarter valued at $43,268,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

JFrog Trading Up 0.2%

JFrog stock traded up $0.12 during trading on Friday, hitting $66.93. 491,416 shares of the company were exchanged, compared to its average volume of 2,013,363. The company has a market capitalization of $7.92 billion, a P/E ratio of -95.61 and a beta of 1.10. The business’s 50 day moving average is $59.14 and its 200 day moving average is $49.98. JFrog has a 52 week low of $27.00 and a 52 week high of $70.43.

JFrog (NASDAQ:FROGGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. JFrog had a negative return on equity of 6.69% and a negative net margin of 15.88%.The business had revenue of $136.91 million for the quarter, compared to analysts’ expectations of $128.28 million. During the same period last year, the business earned $0.15 EPS. The business’s revenue was up 25.5% on a year-over-year basis. JFrog has set its FY 2025 guidance at 0.780-0.800 EPS and its Q4 2025 guidance at 0.180-0.200 EPS. Equities analysts expect that JFrog will post -0.33 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on FROG shares. JPMorgan Chase & Co. boosted their target price on shares of JFrog from $55.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Needham & Company LLC upped their price target on JFrog from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Truist Financial reissued a “buy” rating and issued a $70.00 price objective (up previously from $55.00) on shares of JFrog in a research note on Friday, November 7th. BTIG Research started coverage on JFrog in a report on Tuesday, December 16th. They set a “buy” rating and a $83.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of JFrog in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $64.35.

View Our Latest Stock Report on JFrog

About JFrog

(Get Free Report)

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.

Further Reading