Adrian Johnson
TLDR:
- Chief Accounting Officer of Okta Inc, Shibu Ninan, sold 4,279 shares of the company on March 19, 2024.
- Okta Inc provides identity management solutions through its platform, Okta Identity Cloud.
Key Elements:
Okta Inc’s Chief Accounting Officer, Shibu Ninan, recently sold 4,279 shares of the company on March 19, 2024, at an average price of $104.14 per share, totaling $445,458.06. Okta Inc is a publicly traded company that offers identity management solutions through its platform, Okta Identity Cloud. The platform includes products such as Single Sign-On, Multi-Factor Authentication, and API Access Management, catering to various industries like technology, government, healthcare, and education. Shibu Ninan has engaged in the sale of a total of 11,400 shares of Okta Inc over the past year, with no purchases recorded. Additionally, there have been a total of 21 insider sells at Okta Inc in the past year, with no insider buys during the same period. The stock’s price-to-GF-Value ratio stands at 0.94, indicating that Okta Inc is Fairly Valued based on its GF Value of $111.08. This valuation is derived from GuruFocus’s proprietary intrinsic value estimate, taking into account historical trading multiples, past returns, growth, and future business performance estimates provided by Morningstar analysts. Interested individuals can refer to the SEC filing for more detailed information on insider transactions at Okta Inc. It is important to note that this article is generated by GuruFocus and is designed to provide general insights, without offering specific financial advice. The analysis is based on historical data and analyst projections, using an impartial methodology.
