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UNIS:OKT, Oct 23, 08:05 UTC

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Thursday, October 18


News

Verition Fund Management LLC Acquires New Stake in Okta Inc (OKTA) – Marea Informative

OKT MS

Verition Fund Management LLC bought a new stake in Okta Inc (NASDAQ:OKTA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). Canaccord Genuity upped their price objective on Okta from $60.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, September 7th. Over the last quarter, insiders sold 617,819 shares of company stock worth $39,706,441. Shares of Okta stock traded up $0.35 during trading on Wednesday, hitting $62.26.

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Saturday, September 29


News

Insider Selling: Okta Inc (OKTA) CFO Sells $1,030,050.00 in Stock – Marea Informative

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Okta Inc (NASDAQ:OKTA) CFO William E. Losch sold 15,000 shares of the business’s stock in a transaction on Monday, September 24th. Okta Inc has a 52 week low of $24.71 and a 52 week high of $75.49. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 1.08. A number of institutional investors have recently added to or reduced their stakes in the stock.

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Friday, September 28


News

Okta to Webcast Investor Day

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SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent provider of identity for the enterprise, today announced that it will webcast its Investor Day on Tuesday, October 9, 2018 in San Francisco at 1:30pm PDT. The presentation will be webcast live on the investor relations section of Okta’s website at http://investor.okta.com. Okta is the leading independent provider of identity for the enterprise. The Okta Identity Cloud enables organizations to both secure and manage their extended enterprise, and transform their customers’ experiences.

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Wednesday, September 12


News

Okta and Yubico Partner to Provide Hardware-Based Security Combined with Okta MFA

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To help prevent and mitigate credential compromises – which account for more than 80% of data breaches – organizations are increasingly adopting MFA and using stronger step-up authentication with Okta Adaptive MFA to better protect their sensitive user data. “The Okta and Yubico partnership provides companies with broader options to step up security – helping to ensure only the right people have access to the right data, at the right time.”. Universal Second Factor (U2F) security tokens, such as the YubiKey, provide the strongest level of defense against phishing and man-in-the-middle attacks, while also delivering a simple and seamless user experience. “By putting YubiKeys in the hands of these individuals, together with the power of Okta MFA, we have the opportunity to further improve the security posture for Okta customers worldwide.”. Organizations such as Verifone, which helps transform everyday transactions into new and engaging opportunities for merchants and consumers at the last inch of payments and commerce, are already using Okta and Yubico as an additional layer of protection for their users.

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Friday, September 07


News

Okta to Present at the Deutsche Bank Technology Conference

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SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent provider of identity for the enterprise, today announced that its Chief Executive Officer and Co-Founder, Todd McKinnon, is scheduled to present at the Deutsche Bank Technology Conference on Thursday, September 13, 2018 in Las Vegas at 10:40am PDT. The presentation will be webcast live on the investor relations section of Okta’s website at http://investor.okta.com. Okta is the leading independent provider of identity for the enterprise. The Okta Identity Cloud enables organizations to both secure and manage their extended enterprise, and transform their customers’ experiences.

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News

Okta Palo Alto Networks highs drive cybersecurity gains on anniversary of Equifax hack disclosure

OKT EFX

Cybersecurity stocks rise following strong earnings from Okta Inc. and Palo Alto Networks Inc., adding to solid gains over the past year following the disclosure of a massive data breach at Equifax Inc.

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News

Okta Launches New Partner Program to Lead More Companies to the Cloud

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Okta Partner Connect offers new competitive discounts, specializations for services delivery and managed services, and additional opportunities through the Okta Integration Network, as well as a robust set of resources, training and tools. Okta Solution Providers demonstrate the competence required to sell and implement Okta solutions and possess deep expertise in identity management and security solutions, and Okta Technology Partners collaborate with Okta to develop identity-based integrations that differentiate their product offerings and help them build more profitable businesses. "We are excited to be a member of Okta Partner Connect and provide our thousands of joint customers with the ability to securely store, manage and collaborate on their content in Box, while safeguarding privacy with strong identity and access management with the Okta Identity Cloud." Additionally, as part of Okta’s philanthropy and core value of giving back to communities, Okta offers special pricing and free subscriptions to eligible nonprofit organizations and qualified partners may offer Okta for Good to their nonprofit prospects and clients. For more information on Okta Partner Connect, visit here.

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Thursday, September 06


News

Password security company Okta soars 16% on major earnings and revenue beat (OKTA)

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Okta shares soared 16% in after hours trading Thursday after the single sign-on company delivered a major beat in second quarter earnings. Okta tightened its losses and projected strong growth for the third quarter and 2019 fiscal year, beating Wall Street's expectations on every metric. "Growth in customers with over $100,000 annual recurring revenue accelerated to 55% year-over-year in Q2, which is a testament to the increasing strategic need for an identity solution as organizations move to the cloud. This need is pervasive and imperative, and I believe we are in the early stages of capitalizing on this high growth opportunity," he said. Revenue (GAAP) guidance for Q3: Okta expects revenue of $96 to $97 million, for 43% to 45% growth from the year before.

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Social Chatter

Okta (UNIS:OKT) social chatter is higher than usual

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Okta beats Q2 estimates with strong enterprise sales https://t.co/eUp48XHfNi by @stephcondoncbs
News

Okta Announces Q2 FY19 Customer Momentum

OKT VOX +1 more OKT VOX FOX

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced new or expanded deployments with 21st Century Fox, Cisco Meraki, City of Phoenix, Orlando Magic, Pret A Manger, State of Georgia and Vox Media. “Every organization must not only adopt and build best-in-class technology to survive and thrive in today’s rapidly changing world — organizations also need to maintain the highest levels of security, as every person is a potential target,” said Todd McKinnon, Chief Executive Officer and co-founder, Okta. Vox Media, as another example in the media industry, turned to the Okta Identity Cloud to provision and deprovision users — ensuring only the right people have access to the tools they need, at the right time. “At Meraki, we believe technology can connect us, empower us and drive us. And like Okta, Meraki is an industry leader in the IT space — meeting the evolving needs of our 230,000 customers by adopting the most innovative technologies and enabling our people with tools they need to be productive and effective,” said Christopher Hilsenbeck, Sr. Director, Digital Workplace, Cisco Meraki.

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