Okta Inc (NASDAQ: OKTA) kicked off on Friday, down -0.48% from the previous trading day, before settling in for the closing price of $97.47. Over the past 52 weeks, OKTA has traded in a range of $70.56-$114.50.
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A company in the Technology sector has jumped its sales by 40.72% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 73.10%. With a float of $161.58 million, this company’s outstanding shares have now reached $163.60 million.
In an organization with 5908 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 76.12%, operating margin of -6.51%, and the pretax margin is -1.14%.
Okta Inc (OKTA) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Okta Inc is 5.71%, while institutional ownership is 80.86%. The most recent insider transaction that took place on Feb 05 ’25, was worth 6,337,500. In this transaction Director of this company sold 65,000 shares at a rate of $97.50, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 05 ’25, when Company’s Director sold 9,999 for $97.50, making the entire transaction worth $974,902. This insider now owns 0 shares in total.
Okta Inc (OKTA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 73.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.49% during the next five years compared to -13.20% drop over the previous five years of trading.
Okta Inc (NASDAQ: OKTA) Trading Performance Indicators
Take a look at Okta Inc’s (OKTA) current performance indicators. Last quarter, stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.56. Likewise, its price to free cash flow for the trailing twelve months is 26.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 2.93 in one year’s time.
Technical Analysis of Okta Inc (OKTA)
Let’s dig in a bit further. During the last 5-days, its volume was 2.16 million. That was inferior than the volume of 2.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.21%. Additionally, its Average True Range was 2.72.
During the past 100 days, Okta Inc’s (OKTA) raw stochastic average was set at 93.48%, which indicates a significant increase from 85.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.67% in the past 14 days, which was lower than the 29.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.44, while its 200-day Moving Average is $85.85. However, in the short run, Okta Inc’s stock first resistance to watch stands at $98.25. Second resistance stands at $99.51. The third major resistance level sits at $100.19. If the price goes on to break the first support level at $96.31, it is likely to go to the next support level at $95.63. Assuming the price breaks the second support level, the third support level stands at $94.37.
Okta Inc (NASDAQ: OKTA) Key Stats
The company with the Market Capitalisation of 16.62 billion has total of 171,355K Shares Outstanding. Its annual sales at the moment are 2,263 M in contrast with the sum of -355,000 K annual income. Company’s last quarter sales were recorded 665,000 K and last quarter income was 16,000 K.
