RBC Cuts Stake in JFrog by Over a Third

Royal Bank of Canada (RBC) has significantly reduced its stake in JFrog Ltd. (NASDAQ:FROG), one of the leading DevOps solution providers.

In its recent Form 13F filing with the SEC, RBC revealed that it had sold 54,770 shares during the first quarter, bringing down its total ownership to 119,172 shares.

This reduction in stake represents a 31.5% decrease for RBC, which now owns about 0.10% of JFrog's outstanding shares worth approximately $5.59 million at the end of the most recent reporting period.