A new trading day began on Monday, with Okta Inc (NASDAQ: OKTA) stock price down -5.59% from the previous day of trading, before settling in for the closing price of $97.93. OKTA’s price has ranged from $70.56 to $118.07 over the past 52 weeks.
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Annual sales at Technology sector company grew by 35.64% over the past five years. Meanwhile, its annual earnings per share averaged 13.78%. With a float of $164.38 million, this company’s outstanding shares have now reached $165.65 million.
Let’s look at the performance matrix of the company that is accounted for 5914 employees. In terms of profitability, gross margin is 76.32%, operating margin of -2.84%, and the pretax margin is 1.76%.
Okta Inc (OKTA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Okta Inc is 5.31%, while institutional ownership is 81.19%. The most recent insider transaction that took place on Apr 11 ’25, was worth 708,836. In this transaction Chief Revenue Officer of this company sold 7,005 shares at a rate of $101.19, taking the stock ownership to the 19,067 shares. Before that another transaction happened on Apr 11 ’25, when Company’s Officer proposed sale 7,005 for $101.19, making the entire transaction worth $708,836.
Okta Inc (OKTA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.78% per share during the next fiscal year.
Okta Inc (NASDAQ: OKTA) Trading Performance Indicators
Here are Okta Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.15. Likewise, its price to free cash flow for the trailing twelve months is 21.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.06, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.52 in one year’s time.
Technical Analysis of Okta Inc (OKTA)
Okta Inc (NASDAQ: OKTA) saw its 5-day average volume 2.21 million, a negative change from its year-to-date volume of 3.22 million. As of the previous 9 days, the stock’s Stochastic %D was 44.95%. Additionally, its Average True Range was 5.15.
During the past 100 days, Okta Inc’s (OKTA) raw stochastic average was set at 40.80%, which indicates a significant increase from 23.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.88% in the past 14 days, which was higher than the 55.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.29, while its 200-day Moving Average is $88.04. Nevertheless, the first resistance level for the watch stands at $95.98 in the near term. At $99.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.80. If the price goes on to break the first support level at $90.17, it is likely to go to the next support level at $87.88. The third support level lies at $84.35 if the price breaches the second support level.
Okta Inc (NASDAQ: OKTA) Key Stats
With a market capitalization of 16.05 billion, the company has a total of 173,603K Shares Outstanding. Currently, annual sales are 2,610 M while annual income is 28,000 K. The company’s previous quarter sales were 682,000 K while its latest quarter income was 23,000 K.
