The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Okta Inc shares valued at $708,836 were sold by Addison Jonathan James on Apr 11 ’25. At $101.19 per share, Addison Jonathan James sold 7,005 shares. The insider’s holdings dropped to 19,067 shares worth approximately $1.91 million following the completion of this transaction.
Also, Addison Jonathan James purchased 7,005 shares, netting a total of over 708,836 in proceeds.
Before that, McKinnon Todd had sold 234,289 shares from its account. In a trade valued at $26,537,889, the Chief Executive Officer traded Okta Inc shares for $113.27 each. Upon closing the transaction, the insider’s holdings decreased to 234,289 shares, worth approximately $3.55 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 -1.73%. Over the course of the year, Okta Inc shares have jumped approximately 26.87%. 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 $102.38, while a 200-day SMA reached $88.03.
Support And Resistance Levels for Okta Inc (OKTA)
According to the 24-hour chart, there is a support level at 98.30, which, if violated, would cause prices to drop to 96.64. In the upper region, resistance lies at 101.65. The next price resistance is at 103.34. RSI (Relative Strength Index) is 45.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 50.37%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
