2,600 Okta, Inc. $OKTA Shares Bought by Mn Services Vermogensbeheer B.V.

Posted by Stanley Muller on Oct 10th, 2026

Mn Services Vermogensbeheer B.V. boosted its holdings in Okta, Inc. (NASDAQ:OKTA – Free Report) by 5.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,845 shares of the company’s stock after buying an additional 2,600 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Okta were worth $10,632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of OKTA. GAMMA Investing LLC boosted its holdings in shares of Okta by 15.5% in the third quarter. GAMMA Investing LLC now owns 4,547 shares of the company’s stock worth $951,000 after acquiring an additional 611 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Okta by 5.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,344 shares of the company’s stock valued at $699,000 after purchasing an additional 175 shares during the period. CoreCap Advisors LLC lifted its holdings in Okta by 4,458.5% during the 3rd quarter. CoreCap Advisors LLC now owns 2,416 shares of the company’s stock worth $505,000 after purchasing an additional 2,363 shares in the last quarter. Gradient Investments LLC lifted its holdings in Okta by 4.9% during the 3rd quarter. Gradient Investments LLC now owns 24,634 shares of the company’s stock worth $5,151,000 after purchasing an additional 1,153 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC bought a new position in Okta in the 3rd quarter worth about $258,000. Institutional investors own 86.64% of the company’s stock.

Okta Price Performance

Shares of NASDAQ:OKTA opened at $232.13 on Friday. The company’s fifty day moving average price is $173.68 and its 200-day moving average price is $129.27. The firm has a market capitalization of $40.58 billion, a price-to-earnings ratio of 139.84, a PEG ratio of 6.85 and a beta of 0.73. Okta, Inc. has a one year low of $62.66 and a one year high of $232.98.

Okta (NASDAQ:OKTA – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.09. Okta had a net margin of 9.63% and a return on equity of 4.50%. The company had revenue of $805.00 million during the quarter, compared to the consensus estimate of $793.00 million. During the same period in the previous year, the firm posted $0.91 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. Okta has set its FY 2027 guidance at 3.900-3.940 EPS and its Q3 2027 guidance at 0.920-0.940 EPS. As a group, equities research analysts expect that Okta, Inc. will post 1.92 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. HSBC cut Okta from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Piper Sandler increased their target price on shares of Okta from $105.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. KeyCorp set a $240.00 price target on shares of Okta and gave the company an “overweight” rating in a report on Thursday, September 24th. Wells Fargo & Company boosted their price target on shares of Okta from $200.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Finally, Truist Financial upped their price target on shares of Okta from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Okta presently has an average rating of “Moderate Buy” and a consensus price target of $201.10.

Check Out Our Latest Stock Report on OKTA

Key Okta News

Here are the key news stories impacting Okta this week:

Positive Sentiment: Okta’s latest quarterly results showed approximately 11% revenue growth, 17% growth in remaining performance obligations and 14% growth in current remaining performance obligations. Management also raised full-year free-cash-flow guidance to $910 million–$930 million, supporting the view that growth is translating into stronger cash generation. Okta second-quarter fiscal 2027 results
Positive Sentiment: Investors are viewing Okta as a potential beneficiary of enterprise AI adoption. The company is positioning identity, governance and runtime controls as essential for securing AI agents, while its Blueprint Alliance with technology and cybersecurity partners strengthens that strategic narrative. Blueprint Alliance announcement
Positive Sentiment: Okta’s push for phishing-resistant authentication, including its partnership with Yubico, gives the company additional exposure to growing concerns about AI-enhanced phishing attacks and passwordless security. Okta phishing-resistant authentication coverage
Neutral Sentiment: Amerx initiated coverage with a Hold rating, while recent institutional activity was mixed: several large investors added shares, but UBS and Norges Bank reduced positions. Amerx Okta coverage
Negative Sentiment: Valuation and insider activity remain risks. OKTA has gained sharply year to date, while the reported median analyst price target of $120 is well below the recent trading level. Insiders have made substantially more sales than purchases over the past six months, including selling by CEO Todd McKinnon and CFO Brett Tighe.

Insiders Place Their Bets

In other news, insider Eric Kelleher sold 6,395 shares of the company’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $183.58, for a total value of $1,173,994.10. Following the completion of the transaction, the insider directly owned 18,668 shares in the company, valued at approximately $3,427,071.44. This represents a 25.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brett Tighe sold 41,251 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $162.44, for a total value of $6,700,812.44. Following the transaction, the chief financial officer directly owned 7,693 shares in the company, valued at approximately $1,249,650.92. This represents a 84.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 137,766 shares of company stock valued at $23,927,112 over the last 90 days. Insiders own 4.61% of the company’s stock.

Okta Company Profile

(Free Report)

Okta, Inc is an identity and access management company that helps organizations secure and manage access to applications, systems, devices and digital services. Its platform is designed to support employees, contractors, partners, customers and other users across cloud-based and on-premises environments.

Okta’s products include single sign-on, multifactor authentication, lifecycle management, identity governance, privileged access and identity threat protection. Through its Workforce Identity Cloud and Customer Identity Cloud, the company provides tools for workforce access management and for integrating authentication and authorization capabilities into customer-facing applications.