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Okta Value Stock - Dividend - Research Selection

Okta

ISIN: US6792951054 , WKN: A2DNKR

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Internet


Description of the company

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials; Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user\'s identity throughout its lifecycle; and API Access Management that enables organizations to secure APIs.It also offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was founded in 2009 and is headquartered in San Francisco, California.

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If you are wondering whether Okta shares are offering fair value right now or if the market is mispricing the story, you are in the right place. Okta last closed at US$84.91, with returns of 3.4% over 7 days, a 9.7% decline over 30 days, a 1.5% gain year to date, a 15.3% decline over 1 year, a 12.8% gain over 3 years and a 70.2% decline over 5 years. These mixed returns have arrived alongside a steady flow of news around identity security and broader software sentiment. This has kept...

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Okta (OKTA) concluded the recent trading session at $88.18, signifying a +1.66% move from its prior day's close.

Okta, Inc. (OKTA) Announces Expanded Relationship With the PGA of America

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Okta, Inc. (NASDAQ:OKTA) is one of the most promising future stocks to buy now. On February 5, Okta, Inc. (NASDAQ:OKTA) announced an expanded relationship with the PGA of America, enabling the latter to secure its network of golf professionals, employees, and fans. The PGA of America is one of the largest sports organizations across the […]