Value Investing Philosophy And Okta Inc (NASDAQ: OKTA)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

OKTA belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Okta Inc is $16.62B. A total of 1.95 million shares were traded on the day, compared to an average of 3.27M shares.

In the most recent transaction, Kerrest Jacques Frederic sold 65,000 shares of OKTA for 97.50 per share on Feb 05 ’25. After the transaction, the Director now owns 0 company shares. In a previous transaction on Feb 05 ’25, Kerrest Jacques Frederic sold 9,999 shares at 97.50 per share. OKTA shares that Director owns now total 0.

Among the insiders who bought shares, Kerrest Jacques Frederic acquired of 74,999 shares on Feb 05 ’25 at a per-share price of $97.50. In another insider transaction, Tighe Brett sold 5,000 shares at $94.76 per share on Jan 30 ’25. Company shares held by the Chief Financial Officer now total 97,533.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, OKTA has a high of $114.50 and a low of $70.56.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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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