Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Okta Inc (NASDAQ: OKTA) closed at $103.17 down -3.24% from its previous closing price of $106.63. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 7.71 million shares were traded.
Ratios:
For a deeper understanding of Okta Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.14 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 this company, BMO Capital Markets on May 14, 2025, Reiterated its Market Perform rating but revised its target price to $135 from $130 previously.
On May 05, 2025, Loop Capital started tracking the stock assigning a Buy rating and target price of $140.
On April 23, 2025, Roth Capital started tracking the stock assigning a Buy rating and target price of $119.Roth Capital initiated its Buy rating on April 23, 2025, with a $119 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 11 ’25 when Addison Jonathan James sold 7,005 shares for $101.19 per share. The transaction valued at 708,836 led to the insider holds 19,067 shares of the business.
Addison Jonathan James bought 7,005 shares of OKTA for $708,836 on Apr 11 ’25. On Mar 20 ’25, another insider, McKinnon Todd, who serves as the Chief Executive Officer of the company, sold 234,289 shares for $113.27 each. As a result, the insider received 26,537,889 and left with 35,551 shares of the company.
Valuation Measures:
As of this moment, Okta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 160.18, and their Forward P/E ratio for the next fiscal year is 29.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.74 while its Price-to-Book (P/B) ratio in mrq is 2.75.
Stock Price History:
Over the past 52 weeks, OKTA has reached a high of $127.57, while it has fallen to a 52-week low of $70.56. The 50-Day Moving Average of the stock is -6.34%, while the 200-Day Moving Average is calculated to be 13.16%.
Shares Statistics:
A total of 167.16M shares are outstanding, with a floating share count of 166.22M. Insiders hold about 5.06% of the company’s shares, while institutions hold 85.18% stake in the company.