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 $1.86 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 $3.47 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 fall -2.70% to $97.48. Over the last five days, the stock has lost -7.23%. Okta Inc shares have risen nearly 23.71% since the year began. Nevertheless, the stocks have risen 9.36% 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.
Levels Of Support And Resistance For OKTA Stock
The 24-hour chart illustrates a support level at 96.66, which if violated will result in even more drops to 95.84. On the upside, there is a resistance level at 98.96. A further resistance level may holdings at 100.44.
How much short interest is there in Okta Inc?
A steep rise in short interest was recorded in Okta Inc stocks on 2025-05-30, growing by 1.18 million shares to a total of 6.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 5.21 million shares. There was a rise of 18.47%, which implies that there is a positive sentiment for the stock.
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.
