Investors’ Patience Is Being Tested Right Now By Okta Inc (NASDAQ: OKTA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Okta Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Software – Infrastructure industry. The current market capitalization of Okta Inc is $19.93B. A total of 10.29 million shares were traded on the day, compared to an average of 3.13M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OKTA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Kerrest Jacques Frederic bought 163,865 shares of OKTA for 111.13 per share on Mar 05 ’25. In a previous transaction on Mar 04 ’25, Kerrest Jacques Frederic bought 149,998 shares at 105.00 per share.

Among the insiders who sold shares, Schwartz Larissa disposed of 9,507 shares on Feb 13 ’25 at a per-share price of $100.00. This resulted in the insider holding 38,629 shares of OKTA after the transaction. In another insider transaction, Kerrest Jacques Frederic sold 65,000 shares at $100.50 per share on Feb 13 ’25. Company shares held by the Director now total 0.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for OKTA in the last 3 months, the mean price target is $115.35 with high estimates of $140.00 and low estimates of $75.00. In terms of 52-week highs and lows, OKTA has a high of $114.50 and a low of $70.56.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OKTA’s latest balance sheet shows that the firm has $2.50B in Cash & Short Term Investments as of fiscal 2022. There were $2.03B in debt and $1.24B in liabilities at the time. Its Book Value Per Share was $36.56, while its Total Shareholder’s Equity was $5.92B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OKTA is Buy with a score of 3.95.

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