There’s No Need To Panic Or Freeze When It Comes To Okta Inc (NASDAQ: OKTA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. The current market capitalization of Okta Inc is $14.31B. A total of 2.2 million shares were traded on the day, compared to an average of 3.10M shares.

In the most recent transaction, Schwartz Larissa sold 2,704 shares of OKTA for 80.50 per share on Dec 30 ’24. After the transaction, the insider now owns 24,462 company shares. In a previous transaction on Dec 30 ’24, LARISSA SCHWARTZ bought 2,704 shares at 81.64 per share.

Among the insiders who sold shares, McKinnon Todd disposed of 233,028 shares on Dec 20 ’24 at a per-share price of $82.31. This resulted in the Chief Executive Officer holding 0 shares of OKTA after the transaction. In another insider transaction, Todd McKinnon bought 233,028 shares at $80.98 per share on Dec 20 ’24.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, OKTA has a high of $114.50 and a low of $70.56.

As of this writing, OKTA has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 38.0 estimates, with a high estimate of $0.85 per share and a lower estimate of $0.71.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OKTA’s latest balance sheet shows that the firm has $2.50B in Cash & Short Term Investments as of fiscal 2022. There were $2.03B in debt and $1.24B in liabilities at the time. Its Book Value Per Share was $36.56, while its Total Shareholder’s Equity was $5.92B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OKTA is Buy with a score of 3.89.

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