The Top Three Holders Of Okta, Inc. (OKTA)

Okta, Inc. (NASDAQ:OKTA) reached 145.96% versus a 1-year low price of $21.52. The stock was last seen -3.76% lower, reaching at $52.93 on 06/19/2018. At recent session, the prices were hovering between $50.66 and $54.63. This company shares are 3.91% off its target price of $55 and the current market capitalization stands at $5.95B. The recent change has given its price a 10.68% lead over SMA 50 and -13.23% deficit over its 52-week high. The stock witnessed 6.46% gains, 35.75% gains and 103.97% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found OKTA’s volatility during a week at 4.82% and during a month it has been found around 5.15%.

Okta, Inc. (OKTA) Top Holders

Institutional investors currently hold around $3.18 billion or 69.2% in OKTA stock. Look at its top three institutional owners. Price T Rowe Associates Inc /Md/ owns $461.91 million in Okta, Inc., which represents roughly 7.76% of the company’s market cap and approximately 14.52% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 5,492,525 shares of the stock are valued at $302.09 million. The third largest holder is Vanguard Group Inc, which currently holds $173.05 million worth of this stock and that ownership represents nearly 2.91% of its market capitalization.

Okta, Inc. 13F Filings

At the end of March reporting period, 172 institutional holders increased their position in Okta, Inc. (NASDAQ:OKTA) by some 24,549,866 shares, 65 decreased positions by 6,494,736 and 13 held positions by 26,794,923. That puts total institutional holdings at 57,839,525 shares, according to SEC filings. The stock grabbed 99 new institutional investments totaling 3,924,975 shares while 26 institutional investors sold out their entire positions totaling 3,099,948 shares.

Okta, Inc. (NASDAQ:OKTA) Insider Trades

Multiple company employees have indulged in significant insider trading. Okta, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Kourey Michael R has sold 17,500 shares of Okta, Inc. (OKTA) in trading session dated Jun. 15, 2018. These shares are worth $944,125 and were traded at $53.95 each. The SEC filing shows that Kerrest Jacques Frederic performed a sale of 339,797 shares. The COO disposed these shares by way of transaction on Jun. 13, 2018. The company’s shares were given away at $52.94 per share worth to an income of some $17,988,853 on account of Kerrest Jacques Frederic.

General Counsel and Secretary, Runyan Jonathan T, sold 2,500 common shares of Okta, Inc. (OKTA) in the open market. In a transaction dated May. 30, 2018, the shares were put up for sale at an average price of $54.73, raking in a sum of $136,825. After this sale, 45,038 common shares of OKTA are directly owned by the insider, with total stake valued at $2,383,861.

In the transaction dated May. 17, 2018, the great number of shares disposed came courtesy the General Counsel and Secretary; Runyan Jonathan T disposed a total of 2,500 shares at an average price of $49.36, amounting to approximately $123,400. The insider now directly owns 45,038 shares worth $2,383,861.

Okta, Inc. (OKTA) Analyst Guide

Several analysts have released their opinion on Okta, Inc. (NASDAQ:OKTA), with 9 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.1 average brokerage recommendation.