Okta's Trading Volume Surges 42.66% to $310 Million Ranking 367th in Daily Volume

On July 24, 2025, Okta's trading volume reached $310 million, marking a 42.66% increase from the previous day. This surge placed Okta at the 367th position in terms of trading volume for the day. Okta's stock price rose by 2.36%.

Oppenheimer analyst Ittai Kidron maintained a Buy rating on Okta on July 21, setting a price target of $120.00. The company’s shares closed the previous day at $95.65. Kidron, who covers the Technology sector, has an average return of 14.9% and a 56.19% success rate on recommended stocks. In addition to Oppenheimer, Okta also received a Buy rating from William Blair’s Jonathan Ho in a report issued on July 16. However, on July 12, a Hold rating was reiterated on Okta.

Okta's officer sold $3.01 million in common stock. This significant sale by an insider could indicate various strategic moves or personal financial decisions, potentially influencing investor sentiment and market dynamics. The market capitalization of Okta is currently $16.75 billion, with a P/E ratio of 148.50. Insiders have traded Okta stock 72 times in the past six months, with all transactions being sales. This consistent selling by insiders may raise questions about their confidence in the company's future performance.