<div id="readability-page-1"><p>Okta (NASDAQ:OKTA - Get Free Report) is projected to post its quarterly earnings results after the market closes  on Monday, March 3rd. Analysts expect Okta to post earnings of $0.73 per share and revenue of $669.10 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.</p><h2>Okta Trading Up 1.5 %</h2><ul><li>Okta: Bullish Signals Suggest a Market Reversal Is Underway</li></ul><p>Shares of NASDAQ:OKTA opened at $90.49 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $15.51 billion, a P/E ratio of -258.54, a P/E/G ratio of 6.42 and a beta of 1.03. The business's 50-day moving average is $89.30 and its 200 day moving average is $82.60. Okta has a 1 year low of $70.56 and a 1 year high of $114.50. </p><h2>Insider Activity at Okta</h2><p>In other news, Director Jacques Frederic Kerrest sold 131,426 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $80.68, for a total value of $10,603,449.68. Following the completion of the sale, the director now directly owns 1,622 shares in the company, valued at $130,862.96. The trade was a 98.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this link. Also, insider Larissa Schwartz sold 2,704 shares of the company's stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $80.50, for a total value of $217,672.00. Following the transaction, the insider now directly owns 24,462 shares of the company's stock, valued at approximately $1,969,191. The trade was a 9.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 980,908 shares of company stock worth $85,025,665 in the last 90 days. Corporate insiders own  7.00% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Cloud Security Stocks Face Off: Find Out Who’s Leading the Market</li></ul><p>Several equities analysts recently commented on OKTA shares. Canaccord Genuity Group increased their price objective on shares of Okta from $82.00 to $94.00 and gave the company a &#34;hold&#34; rating in a research report on Wednesday, December 4th. Robert W. Baird raised their price target on shares of Okta from $105.00 to $115.00 and gave the stock an &#34;outperform&#34; rating in a report on Tuesday, December 17th. Wells Fargo &amp; Company lifted their price objective on shares of Okta from $80.00 to $95.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Thursday, December 5th. The Goldman Sachs Group upped their target price on Okta from $97.00 to $107.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, December 4th. Finally, Mizuho lifted their price target on Okta from $100.00 to $110.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday, February 12th. One investment analyst  has rated the stock with a sell rating, fifteen have given a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, Okta presently has an average rating of &#34;Hold&#34; and a consensus price target of $105.67.</p><p><b>Check Out Our Latest Report on OKTA</b></p><h2>About Okta</h2> (Get Free Report)<ul><li>Expanding Its &#34;Partner Ecosystem&#34; Could Reignite Growth at OKTA </li></ul><p>Okta, Inc operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Okta</li><li>What Does Downgrade Mean in Investing?</li><li>Analysts Lift Archer Aviation Stock Despite Earnings Miss </li><li>What is the Euro STOXX 50 Index?</li><li>5 Best Gold ETFs for March to Curb Recession Fears</li><li>How to Calculate Inflation Rate</li><li>3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0tUQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9T0tUQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Okta Right Now?</h2><p>Before you consider Okta, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Okta wasn't on the list.</p><p>While Okta currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

OKTA

<p>Okta (NASDAQ:OKTA) is set to release its quarterly earnings on March 3, with analysts predicting earnings of $0.73 per share and revenue of $669.10 million. The company's stock has seen a 1.5% increase recently, trading at $90.49. Insider trading activity includes significant sales by directors, with a total of 980,908 shares sold in the last 90 days. Analysts have varied ratings on Okta, with a consensus hold rating and a price target of $105.67. The company specializes in identity management solutions.</p>

Okta (OKTA) Projected to Post Earnings on Monday