Todd McKinnon - Okta Chairman of the Board, CEO, Co-Founder

0OK Stock  EUR 79.34  0.16  0.20%   

Chairman

Mr. Todd McKinnon is Chairman of the Board, Chief Executive Officer, CoFounder of the Company. From October 2003 to February 2009, Mr. McKinnon served in various roles at salesforce.com, inc., a cloudbased customer relationship management company, most recently as Senior Vice President of Development. From 1995 to 2003, Mr. McKinnon held various engineering and leadership positions at Peoplesoft, Inc., an enterprise application software company, which was acquired by Oracle Corporation in January 2005 since 2017.
Age 51
Tenure 7 years
Phone888 722 7871
Webhttps://www.okta.com
McKinnon holds a MS in computer science from California Polytechnic State University, San Luis Obispo and a BS in management and information systems from Brigham Young University.

Todd McKinnon Latest Insider Activity

Tracking and analyzing the buying and selling activities of Todd McKinnon against Okta stock is an integral part of due diligence when investing in Okta. Todd McKinnon insider activity provides valuable insight into whether Okta is net buyers or sellers over its current business cycle. Note, Okta insiders must abide by specific rules, including filing SEC forms every time they buy or sell Okta'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Okta Management Efficiency

The company has return on total asset (ROA) of (0.0556) % which means that it has lost $0.0556 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1586) %, meaning that it generated substantial loss on money invested by shareholders. Okta's management efficiency ratios could be used to measure how well Okta manages its routine affairs as well as how well it operates its assets and liabilities.
Okta Inc has accumulated 1.82 B in total debt with debt to equity ratio (D/E) of 181.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Okta Inc has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Okta until it has trouble settling it off, either with new capital or with free cash flow. So, Okta's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Okta Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Okta to invest in growth at high rates of return. When we think about Okta's use of debt, we should always consider it together with cash and equity.
Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California. OKTA INC operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1770 people. Okta Inc (0OK) is traded on Frankfurt Exchange in Germany and employs 6,037 people.

Management Performance

Okta Inc Leadership Team

Elected by the shareholders, the Okta's board of directors comprises two types of representatives: Okta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Okta. The board's role is to monitor Okta's management team and ensure that shareholders' interests are well served. Okta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Okta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Runyan, General Counsel, Secretary
Brett Tighe, Chief Officer
Shibu Ninan, Chief Officer
Eugenio Pace, Cofounder Identity
Michael Kourey, Independent Director
Sagnik Nandy, Pres Identity
Todd McKinnon, Chairman of the Board, CEO, Co-Founder
Susan Ledger, Pres Operations
Alvina Antar, VP Officer
William Losch, Advisor
Jacques Kerrest, Ex CoFounder

Okta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Okta a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Okta Stock

When determining whether Okta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okta Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Okta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between Okta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.