<div id="readability-page-1"><p>Mutual of America Capital Management LLC increased its holdings in  Okta, Inc. (NASDAQ:OKTA - Free Report) by 1,751.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 87,874 shares of the company's stock after purchasing an additional 83,129 shares during the period. Mutual of America Capital Management LLC owned 0.05% of Okta worth $8,785,000 as of its most recent SEC filing.</p><ul><li>Okta: Market Comes to a Boil, Explosive Upside Is Possible</li></ul><p>Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. increased its stake in  Okta by 46.5% during the second quarter. Stratos Wealth Partners LTD. now owns 6,223 shares of the company's stock worth $622,000 after acquiring an additional 1,974 shares during the last quarter.  Stableford Capital II LLC acquired a new stake in  Okta during the second quarter worth about $565,000.  New York State Teachers Retirement System acquired a new stake in  Okta during the second quarter worth about $12,137,000.  Mutual Advisors LLC acquired a new stake in  Okta during the second quarter worth about $235,000.  Finally, Generali Asset Management SPA SGR acquired a new stake in  Okta during the second quarter worth about $1,402,000. 86.64% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Okta Stock Performance</h2><p>Shares of OKTA opened at $88.32 on Tuesday. The company has a market capitalization of $15.46 billion, a P/E ratio of 103.91, a P/E/G ratio of 4.29 and a beta of 0.84. Okta, Inc. has a one year low of $70.92 and a one year high of $127.57. The stock has a 50-day moving average price of $91.23 and a 200 day moving average price of $99.10. </p><ul><li>3 Cybersecurity Stocks to Watch Ahead of 2026 Midterms</li></ul><p>Okta (NASDAQ:OKTA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.07. The firm had revenue of $728,000 billion during the quarter, compared to the consensus estimate of $711.84 million. Okta had a return on equity of 3.31% and a net margin of 6.08%.Okta's revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 earnings per share.  Okta has set its FY 2026 guidance at 3.330-3.380 EPS. Q3 2026 guidance at 0.740-0.750 EPS. As a group, equities research analysts forecast that  Okta, Inc. will post 0.42 earnings per share for the current fiscal year. </p><h2>Insider Activity at Okta</h2><p>In other Okta news, CFO Brett Tighe sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $95.00, for a total transaction of $950,000.00. Following the transaction, the chief financial officer owned 133,336 shares of the company's stock, valued at $12,666,920. This trade represents a 6.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CRO Jonathan James Addison sold 9,000 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $100.00, for a total value of $900,000.00. Following the transaction, the executive directly owned 7,067 shares in the company, valued at approximately $706,700. This represents a 56.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 72,657 shares of company stock worth $6,798,754 over the last quarter. 5.68% of the stock is owned by corporate insiders. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Palo Alto Networks: The All‑in‑One Cybersecurity Powerhouse</li></ul><p>Several equities research analysts have commented on OKTA shares. Royal Bank Of Canada  restated an &#34;outperform&#34; rating and set a $115.00 price target on shares of Okta in a research note on Friday, September 26th. Robert W. Baird decreased their target price on Okta from $142.00 to $135.00 and set an &#34;outperform&#34; rating for the company in a research report on Monday, September 29th. Bank of America  reaffirmed an &#34;underperform&#34; rating and issued a $75.00 target price on shares of Okta in a research report on Wednesday, August 27th. JMP Securities  reaffirmed a &#34;market perform&#34; rating on shares of Okta in a research report on Wednesday, August 27th. Finally, Guggenheim  reaffirmed a &#34;buy&#34; rating and issued a $138.00 target price on shares of Okta in a research report on Wednesday, August 27th. Twenty-two research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned  a Sell rating to the company. According to MarketBeat, Okta  has a consensus rating of &#34;Hold&#34; and an average target price of $118.94.</p><p><b>Get Our Latest Report on Okta</b></p><h2>Okta Company Profile</h2> (Free Report)<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>Where to Find Earnings Call Transcripts</li><li>Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet</li><li>When to Sell a Stock for Profit or Loss</li><li>3 High-Yield Banks for Investors to Buy on the Dip</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>5 Surprising Stocks Set to Benefit From a Future Robotics Boom</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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>Mutual of America Capital Management LLC significantly increased its holdings in Okta, Inc. by 1,751.9% in Q2, owning 87,874 shares valued at $8.78 million. Other institutional investors also adjusted their stakes. Okta's stock opened at $88.32, with a market cap of $15.46 billion. The company reported a Q2 EPS of $0.91, exceeding estimates, and a revenue increase of 12.7% year-over-year. Insider trading activity included CFO Brett Tighe selling 10,000 shares. Analysts have mixed ratings on Okta, with target prices ranging from $75 to $142.</p>

Mutual of America Capital Management LLC Increases Stock Holdings in Okta, Inc. $OKTA