OKTA Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own OKTA shares is 909, representing 86.78% of the company's common stock.

FREESTONE CAPITAL HOLDINGS, LLC, in the last quarter, reduced its stake in OKTA by -9.09% restricting it's holding to 250.96 thousand shares of worth nearly $26.26M. ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC also lessened -27.04% of the OKTA shares from its portfolio, reducing its holding to 243.77 thousand shares of worth $25.50M. AMERICAN CENTURY COMPANIES INC also shunned OKTA shares holding by -3.59% last quarter which brought its holding to 4.65 million shares worth $486.17M.

As per its latest 13F filing, BAKER AVENUE ASSET MANAGEMENT, LP increased its stake in OKTA by 0.05% in the last quarter. The institutional holder raised its holding to 525.38 thousand shares having worth more than $564.65K. LOS ANGELES CAPITAL MANAGEMENT LLC also added 282.46% more shares of OKTA to its portfolio, raising its holding to 248.66 thousand shares of worth $26.01M. ENSIGN PEAK ADVISORS, INC also increased its OKTA shares holding by 5.64% which brought its holding to 240.45 thousand shares worth $25.16M.

The insider with the most stakes in OKTA is Tighe Brett , Chief Financial Officer at the company. Additionally, OKTA stock is highly held by General Counsel and Secretary Runyan Jonathan T and See Remarks St. Ledger Susan among others.

Company executives, directors, and other insiders own 0.56% percent of null's stock. Within the last six months, there have been 20 transaction(s) in which OKTA insiders have sold stock, totaling 293.54K shares. Insiders that have sold shares include KERREST JACQUES FREDERIC, TIGHE BRETT, and SCHWARTZ LARISSA.

There have been 0 transaction(s) during the past 6-months in which null insiders have bought stock, totalling 0 shares

Around 498.48K null shares are held by insiders, which represents about 0.56% of OKTA stock.

OKTA Chief Financial Officer, Tighe Brett holds the largest portfolio of the company's shares. OKTA shares owned by Tighe total nearly 102.53 thousand.

BAKER AVENUE ASSET MANAGEMENT, LP is the largest institutional owner in OKTA which holds 525.38 thousand shares worth $564.65K or 0.32% of the total OKTA shares outstanding followed by FREESTONE CAPITAL HOLDINGS, LLC with ownership of 250.96 thousand shares representing 0.15% of the OKTA ownership. LOS ANGELES CAPITAL MANAGEMENT LLC is the third largest stakeholder with 248.66 thousand shares or 0.15% of the ownership worth more than $26.01M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the OKTA is concerned, it is a stock which is optionable.

Number of OKTA shares short is 2.85M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 163.60M shares of OKTA are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, OKTA has 161.17M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for OKTA is 1.53.