Okta Inc’s filing revealed that its Chief Revenue Officer Addison Jonathan James unloaded Company’s shares for reported $0.71 million on Apr 11 ’25. In the deal valued at $101.19 per share,7,005 shares were sold. As a result of this transaction, Addison Jonathan James now holds 19,067 shares worth roughly $1.87 million.
Then, Addison Jonathan James bought 7,005 shares, generating $708,836 in total proceeds.
Before that, McKinnon Todd sold 234,289 shares. Okta Inc shares valued at $26,537,889 were divested by the Chief Executive Officer at a price of $113.27 per share. As a result of the transaction, McKinnon Todd now holds 35,551 shares, worth roughly $3.48 million.
Stephens initiated its Okta Inc [OKTA] rating to an Equal-weight in a research note published on April 01, 2025; the price target was $127. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late March with a ‘”an Overweight”‘ rating. BMO Capital Markets maintained its rating on March 10, 2025. It rated OKTA as “a Market perform”.
Price Performance Review of OKTA
On Thursday, Okta Inc [NASDAQ:OKTA] saw its stock fall -2.04% to $97.93. Over the last five days, the stock has lost -3.64%. Okta Inc shares have risen nearly 24.28% since the year began. Nevertheless, the stocks have risen 3.07% over the past one year. While a 52-week high of $118.07 was reached on 03/24/25, a 52-week low of $70.56 was recorded on 01/02/25. SMA at 50 days reached $102.39, while 200 days put it at $88.04.
Levels Of Support And Resistance For OKTA Stock
The 24-hour chart illustrates a support level at 96.84, which if violated will result in even more drops to 95.74. On the upside, there is a resistance level at 99.44. A further resistance level may holdings at 100.94. The Relative Strength Index (RSI) on the 14-day chart is 43.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.37%. Stochastics %K at 49.97% indicates the stock is a holding.
How much short interest is there in Okta Inc?
A steep rise in short interest was recorded in Okta Inc stocks on 2025-03-31, dropping by 31660.0 shares to a total of 4.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.42 million shares. There was a decline of -0.72%, which implies that there is a negative sentiment for the stock.
