Potential Price Increase for Okta Inc (OKTA) After Recent Insider Activity

Okta Inc’s recently made public 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 $2.0 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 $3.74 million.

BMO Capital Markets reiterated its Okta Inc [OKTA] rating to a Market perform in a research note published on May 14, 2025; the price target was $135. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in early May with a ‘”a Buy”‘ rating. Roth Capital began covering OKTA with “Buy” recommendation on April 23, 2025. Stephens started covering the stock on April 01, 2025. It rated OKTA as “an Equal-weight”.

Price Performance Review of OKTA

On Friday, Okta Inc [NASDAQ:OKTA] saw its stock jump 0.86% to $105.08. Over the last five days, the stock has gained 1.85%. Okta Inc shares have risen nearly 33.35% since the year began. Nevertheless, the stocks have risen 21.31% over the past one year. While a 52-week high of $127.57 was reached on 05/16/25, a 52-week low of $70.56 was recorded on 01/02/25. SMA at 50 days reached $109.15, while 200 days put it at $91.40.

Levels Of Support And Resistance For OKTA Stock

The 24-hour chart illustrates a support level at 104.24, which if violated will result in even more drops to 103.40. On the upside, there is a resistance level at 105.72. A further resistance level may holdings at 106.37. The Relative Strength Index (RSI) on the 14-day chart is 40.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.45%. Stochastics %K at 11.04% indicates the stock is a buying.

The most recent change occurred on March 31, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $130 price target.

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