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Taking a look at what insiders are doing to gauge the Okta Inc (OKTA)’s direction

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Okta Inc shares valued at $26,537,889 were sold by McKinnon Todd on Mar 20 ’25. At $113.27 per share, McKinnon Todd sold 234,289 shares. The insider’s holdings dropped to 35,551 shares worth approximately $3.62 million following the completion of this transaction.

Also, Kerrest Jacques Frederic sold 1,737 shares, netting a total of over 196,781 in proceeds. Following the sale of shares at $113.29 each, the insider now holds 0 shares.

Before that, Schwartz Larissa had sold 11,552 shares from its account. In a trade valued at $1,317,968, the insider traded Okta Inc shares for $114.09 each. Upon closing the transaction, the insider’s holdings decreased to 11,552 shares, worth approximately $2.25 million.

As published in their initiating research note from Stephens on April 01, 2025, Okta Inc [OKTA] has been an Equal-weight and the price target has been revised to $127. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in late March. Earlier on March 10, 2025, BMO Capital Markets resumed its rating. Their recommendation was “a Market perform” for OKTA stock.

Analyzing OKTA Stock Performance

During the last five days, there has been a drop of approximately -3.46%. Over the course of the year, Okta Inc shares have jumped approximately 29.10%. Shares of the company reached a 52-week high of $118.07 on 03/24/25 and a 52-week low of $78.44 on 01/02/25. A 50-day SMA is recorded $101.68, while a 200-day SMA reached $87.76.

Support And Resistance Levels for Okta Inc (OKTA)

According to the 24-hour chart, there is a support level at 93.94, which, if violated, would cause prices to drop to 86.15. In the upper region, resistance lies at 106.23. The next price resistance is at 110.73. RSI (Relative Strength Index) is 48.21 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -10.35, which suggests the price will decrease in the coming days. Percent R is at 54.21%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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