Days-to-cover ratio for OKTA surges to 3.39 due to rise in short interest

Roman Campbell

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 $112,966 were sold by Schwartz Larissa on Dec 05 ’25. At $85.71 per share, Schwartz Larissa sold 1,318 shares. The insider’s holdings dropped to 35,201 shares worth approximately $3.16 million following the completion of this transaction.

Also, LARISSA N SCHWARTZ purchased 1,318 shares, netting a total of over 113,216 in proceeds.

Before that, Schwartz Larissa had sold 1,318 shares from its account. In a trade valued at $112,373, the insider traded Okta Inc shares for $85.26 each. Upon closing the transaction, the insider’s holdings decreased to 1,318 shares, worth approximately $3.28 million.

As published in a research note from Needham on December 03, 2025, Okta Inc [OKTA] has been retained to a Buy and the price target has been revised to $110. Analysts at BMO Capital Markets resumed the stock at ‘”a Market perform”‘ outlook in a report released in early December. As of November 18, 2025, Berenberg has initiated its “Buy” rating for OKTA. Earlier on August 27, 2025, BMO Capital Markets resumed its rating. Their recommendation was “a Market perform” for OKTA stock.

Analyzing OKTA Stock Performance

On last trading session, Okta Inc [NASDAQ: OKTA] rose 2.34% to $89.84. The stock’s lowest price that day was $87.07, but it reached a high of $90.21 in the same session. During the last five days, there has been a surge of approximately 4.05%. Over the course of the year, Okta Inc shares have jumped approximately 5.96%. Shares of the company reached a 52-week high of $127.57 on 05/16/25 and a 52-week low of $75.05 on 12/03/25.

Support And Resistance Levels for Okta Inc (OKTA)

According to the 24-hour chart, there is a support level at 87.87, which, if violated, would cause prices to drop to 85.90. In the upper region, resistance lies at 91.01. The next price resistance is at 92.18. RSI (Relative Strength Index) is 66.34 on the 14-day chart, showing neutral technical sentiment.

Is Okta Inc subject to short interest?

Stocks of Okta Inc saw a sharp rise in short interest on 2025-11-28 jumping by 0.34 million shares to 6.4 million. Data from Yahoo Finance shows that the short interest on 2025-10-31 was 6.06 million shares. A jump of 5.28% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.39 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.39.

Which companies own the most shares of Okta Inc (OKTA)?

In terms of Okta Inc share price expectations, FactSet research, analysts set an average price target of 115 in the next 12 months, up nearly 30.99% from the previous closing price of $87.79. Analysts anticipate Okta Inc stock to reach 140 by 2025, with the lowest price target being 60. In spite of this, 30 analysts ranked Okta Inc stock as Buy at the end of 2025. On August 26, 2025, Canaccord Genuity assigned a price target of “a Buy” to the stock and upgraded coverage with a $120.

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