JFrog Ltd. (NASDAQ:FROG – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for JFrog in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will earn ($0.31) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $35.00 target price on the stock. The consensus estimate for JFrog’s current full-year earnings is ($0.32) per share.
A number of other research firms have also weighed in on FROG. Needham & Company LLC boosted their price objective on shares of JFrog from $33.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, November 8th. TD Cowen increased their target price on JFrog from $32.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Scotiabank increased their price objective on shares of JFrog from $25.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, November 8th. DA Davidson reissued a “buy” rating and set a $40.00 price objective on shares of JFrog in a research note on Monday, October 14th. Finally, UBS Group increased their target price on JFrog from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $37.72.
JFrog Trading Up 3.6 %
Shares of FROG stock opened at $33.92 on Wednesday. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of -64.00 and a beta of 0.95. The firm has a 50-day moving average price of $31.02 and a 200 day moving average price of $30.81. JFrog has a twelve month low of $22.91 and a twelve month high of $48.81.
JFrog (NASDAQ:FROG – Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.24). JFrog had a negative net margin of 13.98% and a negative return on equity of 5.36%. The company had revenue of $109.06 million for the quarter, compared to analyst estimates of $105.54 million. During the same quarter last year, the company posted ($0.10) EPS.
Insider Activity
In other JFrog news, CEO Ben Haim Shlomi sold 17,775 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $31.93, for a total transaction of $567,555.75. Following the transaction, the chief executive officer now directly owns 4,957,454 shares in the company, valued at $158,291,506.22. This represents a 0.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Eduard Grabscheid sold 834 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $30.60, for a total transaction of $25,520.40. Following the completion of the sale, the chief financial officer now directly owns 97,260 shares of the company’s stock, valued at $2,976,156. The trade was a 0.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 274,146 shares of company stock worth $8,544,054 over the last ninety days. Corporate insiders own 15.70% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Exchange Traded Concepts LLC lifted its holdings in JFrog by 10.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 90,262 shares of the company’s stock worth $2,655,000 after acquiring an additional 8,426 shares during the last quarter. SG Americas Securities LLC acquired a new position in JFrog during the 4th quarter valued at approximately $193,000. Park Avenue Securities LLC bought a new position in JFrog during the 4th quarter worth $204,000. Diversified Trust Co increased its position in JFrog by 74.0% in the fourth quarter. Diversified Trust Co now owns 27,962 shares of the company’s stock worth $822,000 after buying an additional 11,890 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of JFrog by 11.8% during the third quarter. JPMorgan Chase & Co. now owns 1,508,852 shares of the company’s stock valued at $43,817,000 after acquiring an additional 159,483 shares during the period. Institutional investors own 85.02% of the company’s stock.
About JFrog
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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