Okta Rises as Investors Extend AI Security and Guidance-Driven Momentum

Okta, Inc. (OKTA) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued momentum from Okta’s late-August results and its September AI-agent security announcements, rather than a single fresh filing today. This could be because investors are still rewarding accelerating backlog growth, stronger free-cash-flow expectations, and Okta’s push to position identity security as core infrastructure for enterprise AI. ([investor.okta.com](https://investor.okta.com/news-and-events/news-releases/news-details/2026/Okta-Announces-Second-Quarter-Fiscal-Year-2027-Financial-Results/default.aspx))

Details:

Sources:

Okta Investor Relations, SEC, StockAnalysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$OKTA Insider Trading Activity

$OKTA insiders have traded $OKTA stock on the open market 53 times in the past 6 months. Of those trades, 2 have been purchases and 51 have been sales.

Here’s a breakdown of recent trading of $OKTA stock by insiders over the last 6 months:

• BRETT TIGHE (Chief Financial Officer) has made 0 purchases and 13 sales selling 145,000 shares for an estimated $20,498,753.
• TODD MCKINNON (Chief Executive Officer) has made 0 purchases and 14 sales selling 117,758 shares for an estimated $19,553,537.
• LARISSA SCHWARTZ (See Remarks) has made 0 purchases and 9 sales selling 27,434 shares for an estimated $3,644,958.
• ERIC ROBERT KELLEHER (See Remarks) has made 0 purchases and 14 sales selling 12,921 shares for an estimated $2,057,412.
• DAVID SCHELLHASE has made 2 purchases buying 3,712 shares for an estimated $267,408 and 0 sales.
• SHELLYE L ARCHAMBEAU sold 2,500 shares for an estimated $212,500

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

$OKTA Hedge Fund Activity

We have seen 444 institutional investors add shares of $OKTA stock to their portfolio, and 356 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC added 4,929,243 shares (+43.5%) to their portfolio in Q2 2026, for an estimated $672,595,207
• JPMORGAN CHASE & CO added 2,709,757 shares (+inf%) to their portfolio in Q2 2026, for an estimated $369,746,342
• MORGAN STANLEY added 1,589,170 shares (+85.8%) to their portfolio in Q2 2026, for an estimated $216,842,246
• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,508,803 shares (+inf%) to their portfolio in Q2 2026, for an estimated $205,876,169
• UBS GROUP AG removed 1,340,421 shares (-39.4%) from their portfolio in Q2 2026, for an estimated $182,900,445
• NORGES BANK removed 1,340,356 shares (-66.2%) from their portfolio in Q2 2026, for an estimated $182,891,576
• VICTORY CAPITAL MANAGEMENT INC added 1,314,957 shares (+153.0%) to their portfolio in Q2 2026, for an estimated $179,425,882

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

$OKTA Congressional Stock Trading

Members of Congress have traded $OKTA stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $OKTA stock by members of Congress over the last 6 months:

• REPRESENTATIVE MARIA ELVIRA SALAZAR has traded it 3 times. They made 2 purchases worth up to $30,000 on 09/04 and 1 sale worth up to $15,000 on 09/24.

To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

$OKTA Price Targets

Multiple analysts have issued price targets for $OKTA recently. We have seen 24 analysts offer price targets for $OKTA in the last 6 months, with a median target of $120.0.

Here are some recent targets:

• Patrick Colville from Scotiabank set a target price of $165.0 on 07/06/2026
• Gray Powell from BTIG set a target price of $136.0 on 06/25/2026
• Jackson Ader from Keybanc set a target price of $130.0 on 06/25/2026
• Mike Cikos from Needham set a target price of $140.0 on 06/24/2026
• Roger Boyd from UBS set a target price of $150.0 on 06/09/2026
• Gregg Moskowitz from Mizuho set a target price of $125.0 on 06/02/2026
• Shyam Patil from Susquehanna set a target price of $110.0 on 05/29/2026

This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.