Okta Inc’s recent filing unveils that its insider Schwartz Larissa unloaded Company’s shares for reported $1.32 million on Mar 19 ’25. In the deal valued at $114.09 per share,11,552 shares were sold. As a result of this transaction, Schwartz Larissa now holds 22,125 shares worth roughly $2.52 million.
Then, Todd McKinnon bought 234,289 shares, generating $26,727,689 in total proceeds.
Before that, Kerrest Jacques Frederic bought 1,737 shares. Okta Inc shares valued at $195,048 were divested by the Officer at a price of $112.29 per share.
A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early March has reiterated a ‘”a Market perform”‘ rating for it. Mizuho also remained covering OKTA and has increased its forecast on March 04, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. DA Davidson revised its rating on March 04, 2025. It rated OKTA as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OKTA
On Friday, Okta Inc [NASDAQ:OKTA] saw its stock jump 0.83% to $113.74. Over the last five days, the stock has gained 1.06%. Okta Inc shares have risen nearly 44.34% since the year began. Nevertheless, the stocks have risen 7.95% over the past one year. While a 52-week high of $116.96 was reached on 03/06/25, a 52-week low of $70.56 was recorded on 01/02/25. SMA at 50 days reached $97.21, while 200 days put it at $86.70.
Levels Of Support And Resistance For OKTA Stock
The 24-hour chart illustrates a support level at 111.25, which if violated will result in even more drops to 108.77. On the upside, there is a resistance level at 115.62. A further resistance level may holdings at 117.51. The Relative Strength Index (RSI) on the 14-day chart is 62.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.63%. Stochastics %K at 86.65% indicates the stock is a selling.
How much short interest is there in Okta Inc?
A steep rise in short interest was recorded in Okta Inc stocks on 2025-02-28, dropping by -0.3 million shares to a total of 4.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.71 million shares. There was a decline of -6.69%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 17, 2025 when Citigroup resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $100.
