Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Okta Inc (NASDAQ: OKTA) was $111.22 for the day, down -4.38% from the previous closing price of $116.31. In other words, the price has decreased by -$4.38 from its previous closing price. On the day, 5.85 million shares were traded.
Ratios:
Our analysis of OKTA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Mizuho on March 04, 2025, Upgraded its rating to Outperform and sets its target price to $127 from $110 previously.
On March 04, 2025, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $90 to $125.
Citigroup reiterated its Neutral rating for the stock on January 17, 2025, while the target price for the stock was revised from $95 to $100.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 05 ’25 when Kerrest Jacques Frederic sold 143,852 shares for $111.14 per share. The transaction valued at 15,988,350 led to the insider holds 0 shares of the business.
Kerrest Jacques Frederic sold 130,000 shares of OKTA for $13,650,000 on Mar 04 ’25. The Director now owns 0 shares after completing the transaction at $105.00 per share. On Mar 05 ’25, another insider, Kerrest Jacques Frederic, who serves as the Director of the company, sold 20,013 shares for $111.00 each. As a result, the insider received 2,221,466 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Okta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1897.95, and their Forward P/E ratio for the next fiscal year is 31.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 521.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.30 while its Price-to-Book (P/B) ratio in mrq is 3.01.
Stock Price History:
Over the past 52 weeks, OKTA has reached a high of $116.75, while it has fallen to a 52-week low of $70.56. The 50-Day Moving Average of the stock is 22.48%, while the 200-Day Moving Average is calculated to be 29.47%.
Shares Statistics:
A total of 165.65M shares are outstanding, with a floating share count of 162.13M. Insiders hold about 5.41% of the company’s shares, while institutions hold 82.26% stake in the company.
