Okta Company Insiders

OKTA Stock  USD 104.62  0.30  0.29%   
Okta's insiders are aggressively selling. The analysis of insider sentiment suggests that vertually all Okta Inc insiders are, at present, panicking. Okta employs about 5.9 K people. The company is managed by 31 executives with a total tenure of roughly 136 years, averaging almost 4.0 years of service per executive, having 190.58 employees per reported executive.
Todd McKinnon  CEO
CEO, Co-Founder, Director
Charles Race  President
President Worldwide Field Operations

Okta's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-03-19Shibu NinanDisposed 4279 @ 104.14View
2024-03-14Shellye L ArchambeauDisposed 5000 @ 106.96View
2024-02-16Shibu NinanDisposed 2500 @ 90.23View
2024-01-16Larissa SchwartzDisposed 872 @ 82.83View
2023-12-18Todd MckinnonDisposed 7449 @ 83.33View
2023-12-05Larissa SchwartzDisposed 1125 @ 71.82View
2023-11-06Larissa SchwartzDisposed 2334 @ 70View
2023-10-13Larissa SchwartzDisposed 3578 @ 85.03View
2023-09-18Todd MckinnonDisposed 7471 @ 83.01View
2023-06-16Todd MckinnonDisposed 6897 @ 75.6View
Monitoring Okta's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Okta's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Okta's future performance. Based on our forecasts, it is anticipated that Okta will maintain a workforce of about 5910 employees by April 2024.
 
Covid

Okta's latest congressional trading

Congressional trading in companies like Okta Inc, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Okta by those in governmental positions are based on the same information available to the general public.
2021-02-16Representative Peter MeijerDisposed Under $15KVerify

Okta Management Team Effectiveness

The company has return on total asset (ROA) of (0.0314) % which means that it has lost $0.0314 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0625) %, meaning that it created substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to -0.07. In addition to that, Return On Assets is expected to decline to -0.04. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.4 B, whereas Net Tangible Assets are projected to grow to (191.2 M).
As of March 29, 2024, Common Stock Shares Outstanding is expected to decline to about 129.5 M. The current year's Net Loss is expected to grow to about (696.8 M)

Okta Workforce Comparison

Okta Inc is considered to be number one stock in number of employees category among related companies. The total workforce of Information Technology industry is now estimated at about 76,230. Okta holds roughly 5,908 in number of employees claiming about 8% of equities under Information Technology industry.

Okta Profit Margins

The company has Profit Margin (PM) of (0.16) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.09.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.540.7433
Way Down
Slightly volatile

Okta Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Okta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Okta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Okta insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-03-01
0.4754
29
61
 123,256 
 166,764 
2023-12-01
0.4545
20
44
 48,250 
 120,917 
2023-09-01
0.5152
17
33
 42,500 
 60,005 
2023-06-01
0.75
33
44
 99,081 
 92,885 
2023-03-01
0.6341
26
41
 285,358 
 51,936 
2022-12-01
0.5143
18
35
 117,825 
 174,494 
2022-09-01
0.575
23
40
 800,954 
 762,186 
2022-06-01
0.7273
32
44
 123,568 
 126,222 
2022-03-01
0.725
29
40
 230,294 
 73,804 
2021-12-01
0.2927
36
123
 150,225 
 268,115 
2021-09-01
0.344
43
125
 221,220 
 614,487 
2021-06-01
0.6705
59
88
 634,993 
 198,265 
2021-03-01
0.5055
46
91
 489,898 
 496,531 
2020-12-01
0.3143
55
175
 749,113 
 1,272,558 
2020-09-01
0.2974
58
195
 1,207,955 
 2,003,736 
2020-06-01
0.6136
81
132
 1,153,625 
 1,392,892 
2020-03-01
0.36
45
125
 616,449 
 996,920 
2019-12-01
0.3714
39
105
 710,195 
 1,335,820 
2019-09-01
0.2989
26
87
 966,486 
 1,824,362 
2019-06-01
0.407
35
86
 355,879 
 646,969 
2019-03-01
0.6622
49
74
 1,383,343 
 1,584,352 
2018-12-01
0.3077
12
39
 787,832 
 8,393,369 
2018-09-01
0.3537
29
82
 695,425 
 1,310,994 
2018-06-01
0.5972
43
72
 5,380,646 
 5,504,824 
2018-03-01
0.8824
75
85
 38,314,044 
 37,590,779 
2017-12-01
0.7319
101
138
 40,758,717 
 33,764,826 
2017-06-01
0.7945
58
73
 191,125,528 
 79,539,491 

Okta Notable Stakeholders

An Okta stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Okta often face trade-offs trying to please all of them. Okta's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Okta's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Eugenio PaceCofounder OperationsProfile
Jacques KerrestCoFounder ChairpersonProfile
Cole BreidenbachVP CEOProfile
Todd McKinnonCEO, Co-Founder, DirectorProfile
Charles RacePresident Worldwide Field OperationsProfile
Eric KelleherPresident CommunicationsProfile
Hector AguilarExecutive Vice President of Engineering, CTOProfile
Sagnik NandyPresident IdentityProfile
Bill LoschCFOProfile
Benjamin HorowitzIndependent DirectorProfile
Rebecca SaegerIndependent DirectorProfile
Robert DixonDirectorProfile
Frederic KerrestCo-Founder, COO and DirectorProfile
Michael StankeyIndependent DirectorProfile
Shellye ArchambeauDirectorProfile
Michelle WilsonIndependent DirectorProfile
Michael KoureyIndependent DirectorProfile
Patrick GradyIndependent DirectorProfile
Eric BergChief Product OfficerProfile
Susan LedgerPres OperationsProfile
Dave GennarelliVice RelationsProfile
Jonathan RunyanGeneral Counsel, SecretaryProfile
Larissa SchwartzChief SecretaryProfile
William LoschAdvisorProfile
Adam AaronsChief Revenue OfficerProfile
Jon AddisonChief OfficerProfile
Monty GrayExecutive DevelopmentProfile
Alvina AntarSenior OfficerProfile
Kerry OkChief OfficerProfile
Brett TigheChief OfficerProfile
Shibu NinanChief OfficerProfile

About Okta Management Performance

The success or failure of an entity such as Okta Inc often depends on how effective the management is. Okta management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Okta management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Okta management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for 2024
Return On Capital Employed(0.07)(0.07)
Return On Assets(0.04)(0.04)
Return On Equity(0.06)(0.06)
The data published in Okta's official financial statements usually reflect Okta's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Okta Inc. For example, before you start analyzing numbers published by Okta accountants, it's critical to develop an understanding of what Okta's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of Okta's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Okta's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Okta's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Okta Inc. Please utilize our Beneish M Score to check the likelihood of Okta's management manipulating its earnings.

Okta Workforce Analysis

Traditionally, organizations such as Okta use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Okta within its industry.

Okta Manpower Efficiency

Return on Okta Manpower

Revenue Per Employee383K
Revenue Per Executive73M
Net Loss Per Employee60.1K
Net Loss Per Executive11.5M
Working Capital Per Employee202.8K
Working Capital Per Executive38.6M
When determining whether Okta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okta Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running Okta's price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
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Is Okta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
13.83
Quarterly Revenue Growth
0.186
Return On Assets
(0.03)
Return On Equity
(0.06)
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.