Emilie Choi Buys Shares of Okta, Inc. (OKTA)
Emilie Choi acquired 2,080 shares of Okta, Inc. on June 18, 2026.
Key Points
- Emilie Choi purchased 2,080 shares of Okta, Inc. (OKTA) on June 18, 2026, as an unplanned transaction.
- Okta, Inc., with a market cap of $20.15 billion, has a P/E ratio of 84.0 and a forward P/E of 27.1.
- Analysts maintain a 'buy' rating on Okta with a mean target price of $119.70, according to 43 opinions.
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Emilie Choi made a move on June 18, 2026, buying 2,080 shares of Okta, Inc. (NasdaqGS: OKTA). This transaction wasn't part of a pre-planned trading program.
Other Institutional Activity in Okta, Inc.
BlackRock, Inc. increased its holdings in Okta by 443,999 shares, reaching a total of 19,037,532 shares valued at about $1.50 billion. FMR LLC also boosted its stake by 1,334,029 shares, ending with 11,342,824 shares worth approximately $892.79 million, marking a 13.3% increase. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC opened new positions with 9,231,099 and 7,587,698 shares, respectively. First Trust Advisors LP reduced its stake by 1,835,482 shares, a 30.4% decrease, leaving it with 4,194,608 shares valued at $330.16 million.
Okta, Inc. Stock Down 30.3%
Shares of Okta, Inc. traded near $115.94 on Tuesday. The company, with a market cap of $20.15 billion, has a P/E ratio of 84.0 and a forward P/E of 27.1. Okta's stock has a 52-week low of $62.66 and a high of $142.35, with a 50-day moving average of $91.43 and a 200-day moving average of $87.22. The company shows a current ratio of 1.43 and a debt-to-equity ratio of 5.96.
$OKTA stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Okta reported revenue of $3.00 billion, reflecting a growth of 11.2%. The company achieved a net margin of 8.24% and a return on equity of 3.67%. The next earnings report is expected on August 25, 2026.
Insider Buying and Selling at Okta, Inc.
Several insiders were active in June. On June 18, 2026, David Schellhase, Anthony John Bates, and Paul Sagan each bought 2,080 shares. Jacques Frederic Kerrest sold 6,800 shares on the same day.
Analysts Set New Price Targets
On June 9, 2026, UBS maintained its 'buy' rating with a price target of $150. Mizuho downgraded the stock to 'hold' with a $125 target on June 2. Meanwhile, Macquarie, Barclays, Jefferies, and DA Davidson all maintained 'buy' ratings with targets ranging from $120 to $130.
About Okta, Inc.
Okta, Inc. is a technology company based in San Francisco, California, specializing in identity management solutions. The company offers services like Single Sign-On and Adaptive Multi-Factor Authentication to secure access across various applications. Okta serves clients globally, providing tools for secure API management and hybrid IT environments. Todd McKinnon is the CEO, and the company employs over 6,300 people.
Bottom Line
Emilie Choi's recent purchase of Okta shares adds to the insider activity that investors often watch for insights. Okta remains a key player in the identity management sector, with a strong analyst backing as reflected in the 'buy' ratings. However, remember that insider transactions and 13F filings reflect past actions and may not indicate current positions.
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