The stock of Okta Inc (NASDAQ:OKTA) last traded at $106.63, up 1.34% from the previous session.
OKTA stock price is now -3.39% away from the 50-day moving average and 17.02% away from the 200-day moving average. The market capitalization of the company currently stands at $18.67B.
With the price target enhanced from $130 to $135, BMO Capital Markets maintained Market Perform rating for Okta Inc (NASDAQ: OKTA). On May 05, 2025, Loop Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $140, while ‘Roth Capital’ rates the stock as ‘Buy’
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 $2.03 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 5.06% 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 $127.57. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 1.40, and a quick ratio of 1.40.
The net profit margin was 4.85% and return on equity was 2.08% for OKTA. The company reported revenue of $688.0 million for the quarter, compared to $617.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.51 percent.
