US Bancorp Increases OKTA Holdings by 338,143 Shares
ByAinvest
Thursday, Jul 24, 2025 2:44 pm ET1min read
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Notable moves include FMR LLC, which added 3,949,743 shares (+23.3%) to their portfolio in Q1 2025, for an estimated $415,591,958 [1]. Massachusetts Financial Services Co. added 2,830,582 shares (+325.6%) to their portfolio in Q1 2025, for an estimated $297,833,838 [1]. Marshall Wace, LLP removed 2,667,361 shares (-74.4%) from their portfolio in Q1 2025, for an estimated $280,659,724 [1]. Point72 Asset Management, L.P. removed 2,110,986 shares (-94.4%) from their portfolio in Q1 2025, for an estimated $222,117,946 [1].
Institutional investors and hedge funds own 86.64% of the company's stock [2]. Analysts have issued ratings and price targets for OKTA. BMO Capital Markets set a $132.00 target price on shares of OKTA and gave the company a "market perform" rating [2]. UBS Group decreased their price objective on shares of OKTA from $150.00 to $130.00 and set a "buy" rating on the stock [2]. Westpark Capital reaffirmed a "buy" rating and set a $140.00 price objective on shares of OKTA [2]. Mizuho decreased their price target on shares of OKTA from $135.00 to $130.00 and set an "outperform" rating on the stock [2]. Barclays decreased their price target on shares of OKTA from $135.00 to $120.00 and set an "equal weight" rating on the stock [2].
Okta, Inc. reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. The business had revenue of $688.00 million during the quarter, compared to the consensus estimate of $680.14 million [2]. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year [2].
References:
[1] https://www.nasdaq.com/articles/fund-update-us-bancorp-de-added-338143-shares-okta-okta-their-portfolio
[2] https://www.marketbeat.com/instant-alerts/filing-y-intercept-hong-kong-ltd-makes-new-2-million-investment-in-okta-inc-nasdaqokta-2025-07-23/
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US Bancorp has added 338,143 shares of OKTA to their portfolio, according to a new SEC 13F filing. This reflects the fund's holdings for the 06-30-2025 report period. OKTA has seen 411 institutional investors add shares and 323 decrease their positions in the most recent quarter.
US Bancorp has added 338,143 shares of OKTA to their portfolio, according to a new SEC 13F filing. This reflects the fund's holdings for the 06-30-2025 report period. OKTA has seen 411 institutional investors add shares and 323 decrease their positions in the most recent quarter [1].Notable moves include FMR LLC, which added 3,949,743 shares (+23.3%) to their portfolio in Q1 2025, for an estimated $415,591,958 [1]. Massachusetts Financial Services Co. added 2,830,582 shares (+325.6%) to their portfolio in Q1 2025, for an estimated $297,833,838 [1]. Marshall Wace, LLP removed 2,667,361 shares (-74.4%) from their portfolio in Q1 2025, for an estimated $280,659,724 [1]. Point72 Asset Management, L.P. removed 2,110,986 shares (-94.4%) from their portfolio in Q1 2025, for an estimated $222,117,946 [1].
Institutional investors and hedge funds own 86.64% of the company's stock [2]. Analysts have issued ratings and price targets for OKTA. BMO Capital Markets set a $132.00 target price on shares of OKTA and gave the company a "market perform" rating [2]. UBS Group decreased their price objective on shares of OKTA from $150.00 to $130.00 and set a "buy" rating on the stock [2]. Westpark Capital reaffirmed a "buy" rating and set a $140.00 price objective on shares of OKTA [2]. Mizuho decreased their price target on shares of OKTA from $135.00 to $130.00 and set an "outperform" rating on the stock [2]. Barclays decreased their price target on shares of OKTA from $135.00 to $120.00 and set an "equal weight" rating on the stock [2].
Okta, Inc. reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. The business had revenue of $688.00 million during the quarter, compared to the consensus estimate of $680.14 million [2]. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year [2].
References:
[1] https://www.nasdaq.com/articles/fund-update-us-bancorp-de-added-338143-shares-okta-okta-their-portfolio
[2] https://www.marketbeat.com/instant-alerts/filing-y-intercept-hong-kong-ltd-makes-new-2-million-investment-in-okta-inc-nasdaqokta-2025-07-23/
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