Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Okta Inc shares valued at $15,988,350 were sold by Kerrest Jacques Frederic on Mar 05 ’25. At $111.14 per share, Kerrest Jacques Frederic sold 143,852 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Kerrest Jacques Frederic sold 130,000 shares, netting a total of over 13,650,000 in proceeds. Following the sale of shares at $105.00 each, the insider now holds 0 shares.
Before that, Kerrest Jacques Frederic had sold 20,013 shares from its account. In a trade valued at $2,221,466, the Director traded Okta Inc shares for $111.00 each. Upon closing the transaction, the insider’s holdings decreased to 20,013 shares, worth approximately $0.0.
As published in a research note from BMO Capital Markets on March 10, 2025, Okta Inc [OKTA] has been retained to a Market perform and the price target has been revised to $130. Analysts at Mizuho upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early March. As of March 04, 2025, DA Davidson has increased its “Neutral” rating to a “Buy” for OKTA. Earlier on January 17, 2025, Citigroup resumed its rating. Their recommendation was “a Neutral” for OKTA stock.
Analyzing OKTA Stock Performance
During the last five days, there has been a drop of approximately -6.47%. Over the course of the year, Okta Inc shares have jumped approximately 38.05%. Shares of the company reached a 52-week high of $116.96 on 03/06/25 and a 52-week low of $78.44 on 01/02/25. A 50-day SMA is recorded $92.81, while a 200-day SMA reached $86.03.
Support And Resistance Levels for Okta Inc (OKTA)
According to the 24-hour chart, there is a support level at 106.94, which, if violated, would cause prices to drop to 105.10. In the upper region, resistance lies at 110.72. The next price resistance is at 112.66. RSI (Relative Strength Index) is 61.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.09, which suggests the price will increase in the coming days. Percent R is at 27.19%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
