Baillie Gifford & Co. Has $36.15 Million Stock Holdings in JFrog Ltd. (NASDAQ:FROG)

Baillie Gifford & Co. lessened its stake in JFrog Ltd. (NASDAQ:FROG - Free Report) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,244,750 shares of the company's stock after selling 29,413 shares during the period. Baillie Gifford & Co. owned about 1.22% of JFrog worth $36,148,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. TimesSquare Capital Management LLC boosted its position in JFrog by 114.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 3,034,900 shares of the company's stock valued at $88,133,000 after purchasing an additional 1,617,551 shares during the period. 1832 Asset Management L.P. lifted its position in JFrog by 285.1% in the first quarter. 1832 Asset Management L.P. now owns 1,422,100 shares of the company's stock worth $62,885,000 after purchasing an additional 1,052,800 shares during the period. Meitav Investment House Ltd. boosted its position in shares of JFrog by 4,244.7% during the 2nd quarter. Meitav Investment House Ltd. now owns 876,628 shares of the company's stock valued at $32,903,000 after purchasing an additional 856,451 shares in the last quarter. American Century Companies Inc. grew its position in JFrog by 172.5% in the second quarter. American Century Companies Inc. now owns 1,330,034 shares of the company's stock worth $49,943,000 after buying an additional 841,956 shares during the last quarter. Finally, Ensign Peak Advisors Inc acquired a new position in shares of JFrog in the 2nd quarter valued at $30,098,000. 85.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Baird R W raised shares of JFrog to a "strong-buy" rating in a research report on Tuesday, August 27th. Truist Financial reaffirmed a "buy" rating and issued a $35.00 target price (up previously from $33.00) on shares of JFrog in a research report on Friday, November 8th. Oppenheimer lowered JFrog from an "outperform" rating to a "market perform" rating in a research report on Thursday, August 8th. KeyCorp raised their price objective on JFrog from $30.00 to $32.00 and gave the stock an "overweight" rating in a research report on Thursday, September 12th. Finally, Bank of America reduced their price target on shares of JFrog from $54.00 to $44.00 and set a "buy" rating for the company in a research report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $37.72.

Insider Buying and Selling at JFrog

In related news, CEO Ben Haim Shlomi sold 20,606 shares of the business's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $27.06, for a total transaction of $557,598.36. Following the transaction, the chief executive officer now directly owns 5,027,493 shares in the company, valued at $136,043,960.58. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CTO Yoav Landman sold 15,000 shares of JFrog stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $28.00, for a total value of $420,000.00. Following the completion of the transaction, the chief technology officer now owns 6,627,242 shares in the company, valued at approximately $185,562,776. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ben Haim Shlomi sold 20,606 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $27.06, for a total value of $557,598.36. Following the sale, the chief executive officer now owns 5,027,493 shares in the company, valued at $136,043,960.58. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 143,806 shares of company stock valued at $4,185,802 in the last ninety days. Company insiders own 15.70% of the company's stock.

JFrog Stock Up 2.6 %

Shares of FROG traded up $0.81 during mid-day trading on Wednesday, hitting $31.39. The company's stock had a trading volume of 1,574,916 shares, compared to its average volume of 1,274,946. JFrog Ltd. has a one year low of $22.91 and a one year high of $48.81. The stock's 50-day moving average is $29.28 and its two-hundred day moving average is $32.15.

JFrog Company Profile

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.