Mutual of America Capital Management 13F: New $4.6M Stake in FROG

Mutual of America Capital Management opened a new position in JFrog Ltd. (FROG), purchasing 47,742 shares worth about $4.63 million. According to a Form 13F filing with the SEC on October 23, 2026, the fund added the software platform provider to its portfolio during the period.

FROG JFrog Ltd.

$100.62 ▲ +68.91% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's JFrog Position

The newly disclosed stake gives the fund 47,742 shares of JFrog Ltd. valued at $4,632,884. Because this is a brand-new position, there was no prior holding or percentage change to report from the previous quarter. The filing reflects the fund's activity as of the end of the reporting period.

Other Institutional Activity in JFrog

Other large funds made substantial moves in JFrog during the period. Whale Rock Capital Management LLC reduced its holdings by 1,561,592 shares, ending with 4,458,423 shares worth about $448.61 million. Optimus Prime Fund Management Co., Ltd. trimmed its stake by 710,754 shares to hold 3,990,000 shares valued at approximately $401.47 million. BNP Paribas Asset Management Holding S.A. cut its position by 566,764 shares, wrapping up the quarter with 3,840,424 shares worth about $386.42 million. Meanwhile, First Trust Advisors LP grew its holdings by 369,875 shares, an 11.0% increase that left it with 3,732,370 shares valued at roughly $375.55 million.

JFrog Ltd. Stock Up 4.4%

JFrog shares recently traded around $100.49, which is about equal to the $100.62 close on the filing date. The stock has performed strongly over the past year, trading 42.4% above its 200-day moving average of $70.58 and sitting just 5.0% below its 52-week high of $105.76.

Recent Earnings

JFrog reported $599.96 million in trailing twelve-month revenue. The company posted a negative trailing earnings per share of $0.36, alongside a net profit margin of -7.3% and a return on equity of -4.9%. The company's next quarterly earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at JFrog Ltd.

Company insiders completed several transactions prior to the filing. Director Barry Zwarenstein sold 1,250 shares on September 14, 2026, at an average price of $88.38 for a total of $110,475, and another 1,250 shares on October 20, 2026, at $90.10 for $112,625. Director Frederic Simon sold 120,000 shares on October 1, 2026, valued at $11,668,903. Chief Technology Officer Yoav Landman sold 45,000 shares on October 5, 2026, at $97.27 for a total of $4,377,150.

Analysts Set New Price Targets

Wall Street firms have remained largely positive on the software provider. On September 3, 2026, TD Cowen reiterated its Buy rating and $120.00 price target. DA Davidson maintained a Buy rating with a $115.00 target on September 4, 2026. BTIG also kept a Buy rating and a $115.00 target on September 4, 2026. Later, UBS maintained a Buy rating while lifting its target from $120.00 to $125.00 on October 14, 2026. Truist Securities maintained its Buy rating and raised its target from $110.00 to $115.00 on October 21, 2026. Overall, the stock carries a consensus recommendation of strong buy from 22 analysts, with a mean price target of $112.45.

About JFrog

Headquartered in Sunnyvale, California, JFrog Ltd. operates a software supply chain platform used by development teams globally to manage and secure binary software packages. The platform helps organizations automate software releases from code creation to production deployment.

Bottom Line

Investors tracking JFrog will want to watch the company's upcoming earnings report on November 5, 2026, for further updates on revenue growth and profitability. Institutional ownership shifts and ongoing insider transactions will also provide clues about how major market players view the software maker's long-term trajectory.