The price of Okta Inc (NASDAQ:OKTA) shares last traded on Wall Street fell -0.34% to $112.16.
OKTA stock price is now 8.70% away from the 50-day moving average and 26.95% away from the 200-day moving average. The market capitalization of the company currently stands at $19.47B.
With the price target of $119, Roth Capital recently initiated with Buy rating for Okta Inc (NASDAQ: OKTA). On April 01, 2025, Stephens recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $127, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, Addison Jonathan James, Chief Revenue Officer sold 7,005 shares of the company’s stock on Apr 11 ’25. The stock was sold for $708,836 at an average price of $101.19. Upon completion of the transaction, the Chief Revenue Officer now directly owns 19,067 shares in the company, valued at $2.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 11 ’25, Officer Addison Jonathan James bought 7,005 shares of the business’s stock. A total of $708,836 was incurred on buying the stock at an average price of $101.19. A total of 5.31% of the company’s stock is owned by insiders.
During the past 12 months, Okta Inc has had a low of $70.56 and a high of $118.07. As of last week, the company has a debt-to-equity ratio of 0.15, a current ratio of 1.30, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $17934329856, which is based on a 1913.99 price-to-earnings ratio, a 150.00 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for OKTA is $103.186 and a two-hundred day moving average price translates $88.347275 for the stock.
The latest earnings results from Okta Inc (NASDAQ: OKTA) was released for 2025-01-31. The net profit margin was 1.07% and return on equity was 0.46% for OKTA. The company reported revenue of $682.0 million for the quarter, compared to $605.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.73 percent. For the current quarter, analysts expect OKTA to generate $680.14M in revenue.
