Castleark Management LLC Acquires New Shares in JFrog Ltd. $FROG

Castleark Management LLC purchased a new stake in shares of JFrog Ltd. (NASDAQ:FROG) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 92,830 shares of the company’s stock, valued at approximately $4,357,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FROG. Vanguard Group Inc. raised its holdings in shares of JFrog by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock valued at $593,734,000 after acquiring an additional 362,654 shares in the last quarter. Whale Rock Capital Management LLC increased its position in shares of 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 during the last quarter. Wasatch Advisors LP increased its position in shares of 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 during the last quarter. First Trust Advisors LP raised its stake in JFrog by 85,066.4% in the first quarter. First Trust Advisors LP now owns 3,362,370 shares of the company’s stock valued at $157,796,000 after purchasing an additional 3,358,422 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in JFrog by 30.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock valued at $167,590,000 after purchasing an additional 633,231 shares in the last quarter. 85.02% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CTO Yoav Landman sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $89.99, for a total value of $13,498,500.00. Following the sale, the chief technology officer owned 5,539,038 shares in the company, valued at approximately $498,458,029.62. This trade represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 93,072 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $84.60, for a total value of $7,873,891.20. Following the completion of the transaction, the chief executive officer directly owned 4,658,236 shares in the company, valued at $394,086,765.60. The trade was a 1.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 917,399 shares of company stock worth $73,629,102. Insiders own 11.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Guggenheim lifted their price objective on shares of JFrog from $80.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Oppenheimer reissued an “outperform” rating and issued a $105.00 target price on shares of JFrog in a research note on Wednesday, July 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of JFrog in a research note on Monday, June 15th. Morgan Stanley reaffirmed an “overweight” rating and set a $80.00 price target on shares of JFrog in a research note on Friday, May 8th. Finally, Bank of America increased their price objective on JFrog from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, JFrog has an average rating of “Moderate Buy” and an average price target of $87.90.

JFrog Stock Up 1.3%

Shares of FROG opened at $81.23 on Tuesday. The stock has a market capitalization of $9.84 billion, a P/E ratio of -153.26 and a beta of 1.20. JFrog Ltd. has a twelve month low of $34.05 and a twelve month high of $99.22. The firm has a fifty day simple moving average of $83.69 and a two-hundred day simple moving average of $61.70.

JFrog (NASDAQ:FROG) last posted its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The firm had revenue of $153.98 million for the quarter, compared to analysts’ expectations of $147.45 million. During the same period in the previous year, the firm earned $0.20 earnings per share. The business’s revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. Sell-side analysts expect that JFrog Ltd. will post -0.15 EPS 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.