Todd McKinnon - Okta CEO, Co-Founder, Director

OKTA Stock  USD 76.42  0.41  0.53%   

CEO

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 52
Tenure 7 years
Address 100 First Street, San Francisco, CA, United States, 94105
Phone888 722 7871
Webhttps://www.okta.com

Latest Insider Transactions

2024-10-18Disposed of 224533 shares @ 74.62View
2024-09-23Disposed of 32516 shares @ 76.22View
2024-09-20Disposed of 200512 shares @ 75.21View
2024-07-22Disposed of 92729 shares @ 94.92View
2024-07-19Disposed of 179687 shares @ 93.42View
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 (0.016) % which means that it has lost $0.016 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0231) %, meaning that it created 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. As of November 28, 2024, Return On Tangible Assets is expected to decline to -0.11. The current year's Return On Capital Employed is expected to grow to -0.06. At present, Okta's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.3 B, whereas Net Tangible Assets are projected to grow to (191.2 M).
Okta Inc currently holds 1.27 B in liabilities with Debt to Equity (D/E) ratio of 0.44, which is about average as compared to similar companies. Okta Inc has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Okta's use of debt, we should always consider it together with its cash and equity.

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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 incorporated in 2009 and is headquartered in San Francisco, California. Okta Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 5776 people. Okta Inc (OKTA) is traded on NASDAQ Exchange in USA. It is located in 100 First Street, San Francisco, CA, United States, 94105 and employs 5,938 people. Okta is listed under Internet Services & Infrastructure category by Fama And French industry classification.

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.
Monty Gray, Executive Development
Todd McKinnon, CEO, Co-Founder, Director
Susan Ledger, Pres Operations
Alvina Antar, Senior Officer
Dave Gennarelli, Vice Relations
Eric Kelleher, President Communications
Kerry Ok, Chief Officer
Jonathan Runyan, General Counsel, Secretary
Cole Breidenbach, VP CEO
Brett Tighe, Chief Officer
Shibu Ninan, Chief Officer
Eugenio Pace, Cofounder Operations
Michael Kourey, Independent Director
Sagnik Nandy, President Identity
Larissa Schwartz, Chief Secretary
William Losch, Advisor
Jacques Kerrest, CoFounder Chairperson
Jon Addison, Chief Officer

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.

Also Currently Popular

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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:
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Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okta. If investors know Okta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
14.715
Quarterly Revenue Growth
0.162
Return On Assets
(0.02)
Return On Equity
(0.02)
The market value of Okta Inc is measured differently than its book value, which is the value of Okta that is recorded on the company's balance sheet. Investors also form their own opinion of Okta's value that differs from its market value or its book value, called intrinsic value, which is Okta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okta's market value can be influenced by many factors that don't directly affect Okta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.