Okta Inc (NASDAQ: OKTA) kicked off on Tuesday, down -0.71% from the previous trading day, before settling in for the closing price of $126.44. Over the past 52 weeks, OKTA has traded in a range of $70.56-$127.57.
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Annual sales at Technology sector company grew by 35.64% over the past five years. While this was happening, its average annual earnings per share was recorded 13.74%. With a float of $166.22 million, this company’s outstanding shares have now reached $174.94 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
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 4.99%, while institutional ownership is 84.81%. 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 13.74% per share during the next fiscal year.
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 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.41. Likewise, its price to free cash flow for the trailing twelve months is 29.60.
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 2.14 million, a negative change from its year-to-date volume of 3.36 million. As of the previous 9 days, the stock’s Stochastic %D was 89.94%. Additionally, its Average True Range was 3.95.
During the past 100 days, Okta Inc’s (OKTA) raw stochastic average was set at 95.87%, which indicates a significant increase from 87.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.14% in the past 14 days, which was lower than the 54.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $109.51, while its 200-day Moving Average is $90.17. Nevertheless, the first resistance level for the watch stands at $126.30 in the near term. At $127.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $127.86. If the price goes on to break the first support level at $124.74, it is likely to go to the next support level at $123.95. The third support level lies at $123.18 if the price breaches the second support level.
Okta Inc (NASDAQ: OKTA) Key Stats
The company with the Market Capitalisation of 21.96 billion has total of 173,603K Shares Outstanding. Its annual sales at the moment are 2,610 M in contrast with the sum of 28,000 K annual income. Company’s last quarter sales were recorded 682,000 K and last quarter income was 23,000 K.
