Currently, there are 171.35M common shares owned by the public and among those 162.13M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of 21.23% and 41.73% over the past three months. OKTA shares are trading 37.45% year to date (YTD), with the 12-month market performance up to 0.94% higher. It has a 12-month low price of $70.56 and touched a high of $114.50 over the same period. OKTA has an average intraday trading volume of 3.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 13.92%, 20.99%, and 26.28% respectively.
Institutional ownership of Okta Inc (NASDAQ: OKTA) shares accounts for 82.31% of the company’s 171.35M shares outstanding.
It has a market capitalization of $18.56B and a beta (3y monthly) value of 1.19. The stock’s trailing 12-month PE ratio is 1886.93, while the earnings-per-share (ttm) stands at $0.06. The company has a PEG of 518.39 and a Quick Ratio of 1.29 with the debt-to-equity ratio at 0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.26% over the week and 3.86% over the month.
Analysts forecast that Okta Inc (OKTA) will achieve an EPS of 0.77 for the current quarter, 0.79 for the next quarter and 3.52 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.76 while analysts give the company a high EPS estimate of 0.76. Comparatively, EPS for the current quarter was 0.65 a year ago. Earnings per share for the fiscal year are expected to increase by 11.96%, and 10.88% over the next financial year.
Looking at the support for the OKTA, a number of firms have released research notes about the stock. Mizuho stated their Outperform rating for the stock in a research note on Mar-05-25, with the firm’s price target at $110-$127. DA Davidson coverage for the Okta Inc (OKTA) stock in a research note released on March 05, 2025 offered a Buy rating with a price target of $125. Citigroup was of a view on January 17, 2025 that the stock is Neutral, while KeyBanc Capital Markets gave the stock Overweight rating on December 19, 2024, issuing a price target of $115. JP Morgan on their part issued Overweight rating on December 16, 2024.
