Selling Buzz: Okta Inc [OKTA] Director Kerrest Jacques Frederic sells 581 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Okta Inc shares valued at $58,270 were sold by Kerrest Jacques Frederic on Jun 20 ’25. At $100.29 per share, Kerrest Jacques Frederic sold 581 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.

Also, Schwartz Larissa sold 2,244 shares, netting a total of over 224,400 in proceeds. Following the sale of shares at $100.00 each, the insider now holds 23,640 shares.

Before that, Schwartz Larissa had sold 1,105 shares from its account. In a trade valued at $108,842, the insider traded Okta Inc shares for $98.50 each. Upon closing the transaction, the insider’s holdings decreased to 1,105 shares, worth approximately $2.54 million.

As published in a research note from BMO Capital Markets on May 14, 2025, Okta Inc [OKTA] has been retained to a Market perform and the price target has been revised to $135. Analysts at Loop Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in early May. As of April 23, 2025, Roth Capital has initiated its “Buy” rating for OKTA. Earlier on April 01, 2025, Stephens initiated its rating. Their recommendation was “an Equal-weight” for OKTA stock.

Analyzing OKTA Stock Performance

On last trading session,, Okta Inc [NASDAQ: OKTA] plunged -0.32% to $98.21. The stock’s lowest price that day was $97.77, but it reached a high of $99.9819 in the same session. During the last five days, there has been a drop of approximately -0.47%. Over the course of the year, Okta Inc shares have jumped approximately 13.00%. Shares of the company reached a 52-week high of $127.57 on 05/16/25 and a 52-week low of $78.44 on 01/02/25.

Support And Resistance Levels for Okta Inc (OKTA)

According to the 24-hour chart, there is a support level at 97.33, which, if violated, would cause prices to drop to 96.44. In the upper region, resistance lies at 99.54. The next price resistance is at 100.87. RSI (Relative Strength Index) is 34.98 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 2025-05-30 jumping by 1.18 million shares to 6.39 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 5.21 million shares. A jump of 18.47% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.12 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.12.

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 124 in the next 12 months, up nearly 25.85% from the previous closing price of $98.53. Analysts anticipate Okta Inc stock to reach 138 by 2025, with the lowest price target being 100. In spite of this, 30 analysts ranked Okta Inc stock as Buy at the end of 2025. On March 31, 2025, Cantor Fitzgerald assigned a price target of “an Overweight” to the stock and initiated coverage with a $130.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.