OKTA - オクタ （Okta Inc.） オクタ

Okta Inc (NASDAQ:OKTA) CAO Christopher K. Kramer sold 939 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $237.70, for a total value of $223,200.30. Following the sale, the chief accounting officer now directly owns 5,601 shares in the company, valued […]

Okta Inc (NASDAQ:OKTA) CAO Christopher K. Kramer sold 939 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $237.70, for a total value of $223,200.30. Following the completion of the sale, the chief accounting officer now owns 5,601 shares in the company, valued […]

Shares are hitting all-time highs -- have investors already missed the best part of the ride?

Okta, Inc announced Customer Identity and Okta Access Gateway Specializations within Okta Partner Connect.

Summary List Placement Over the past two decades, artificial intelligence has quickly become one of the most buzzy technologies. Giants like IBM have doubled-down on AI-backed offerings , while a rush of startups have emerged that are trying to use the tech to overhaul operations ranging from stocking shelves to supply chain negotiations . Along with that has come a bonanza of venture capital funding that has created so-called unicorns like Indigo Ag, UiPath , and SenseTime . In the past 20 years, investors have poured roughly $407 billion into AI startups, per data firm PitchBook. Since 2000, the top 12 VC firms most active in early-stage AI investing by deal count have collectively closed a total of 708 Series A and B rounds, according to research from the data analytics firm provided to Business Insider (the rounds that fit PitchBook's criteria for "early-stage"). Below is a snapshot of each of the dozen firms, including well-known names like Andreessen Horowitz, Intel Capital, and GV.

Slack has filed an antitrust complaint against Microsoft with the European Commission, accusing the tech giant of anti-competitive behavior with its chat and collaboration app Teams. The complaint wasn't exactly surprising: Slack CEO Stewart Butterfield has previously called Microsoft "unhealthily preoccupied" with "killing" Slack. Regardless of the outcome of the complaint, Wall Street analysts say it's a "smart business decision" for Slack because it puts more scrutiny on Microsoft's dominance in collaborative software and could force the company to slow down. However, they're doubtful that it will lead to Slack achieving its ultimate aim of forcing Microsoft to sell Teams as a standalone product. Click here to read more BI Prime stories. Slack has filed an antitrust complaint against Microsoft with the European Commission, it announced Wednesday, accusing the company of stifling competition through its chat and collaboration app Teams. Slack accuses Microsoft of engaging in illegal, anti-competitive tactics by tying Teams into its productivity suite, force-installing it for customers, blocking its removal, and hiding its "true cost" from its enterprise customers.

What's Next for Okta Stock and How Investors Should Play It…OKTA

OKTA's 40-day moving average helped springboard the equity higher in the past

Investors are pouring money into companies like Okta and Datadog as they show potential for lower costs and continued revenue growth.

2020's top stock picker as measured by performance has leaned on work-from-home stocks to drive the bulk of gains year-to-date. Morgan Stanley's Dennis Lynch is the portfolio manager of the Morgan Stanley Institutional Discovery Portfolio, which has posted a 12-month total return of 56.2%, ranking No. 1 among active funds that rely on fundamentals and don't use leverage. Here are the top 10 holdings driving strong performance in Lynch's Discovery portfolio. Visit Business Insider's homepage for more stories . Despite the turbulent stock market that saw a 20% drawdown in the first quarter and a 20% rise in the second quarter, some stock pickers are thriving amid the volatility. Case in point, Morgan Stanley's Dennis Lynch, who is the head of the Counterpoint Global team and a portfolio manager of the Morgan Stanley Institutional Discovery Portfolio. The fund placed No. 1 in The Wall Street Journal's Winners' Circle contest. The growth-oriented fund posted a 12-month total return of 56.2%, and was up 59.3% for the first half of 2020, according to The Journal.

Investors are pouring money into companies like Okta and Datadog as they show potential for lower costs and continued revenue growth.

2020's top stock picker as measured by performance has leaned on work-from-home stocks to drive the bulk of gains year-to-date. Morgan Stanley's Dennis Lynch is the portfolio manager of the Morgan Stanley Institutional Discovery Portfolio, which has posted a 12-month total return of 56.2%, ranking No. 1 among active funds that rely on fundamentals and don't use leverage. Here are the top 10 holdings driving strong performance in Lynch's Discovery portfolio. Visit Business Insider's homepage for more stories . Despite the turbulent stock market that saw a 20% drawdown in the first quarter and a 20% rise in the second quarter, some stock pickers are thriving amid the volatility. Case in point, Morgan Stanley's Dennis Lynch, who is the head of the Counterpoint Global team and a portfolio manager of the Morgan Stanley Institutional Discovery Portfolio. The fund placed No. 1 in The Wall Street Journal's Winners' Circle contest. The growth-oriented fund posted a 12-month total return of 56.2%, and was up 59.3% for the first half of 2020, according to The Journal.

Business Insider asked venture capitalists — including from firms like Andreessen Horowitz and Kleiner Perkins— to name the top cloud infrastructure startups they expect to boom this year. The VCs recommended 24 startups, from well-known companies like $12.4 billion Snowflake to lesser known up-and-comers. Find their choices below, as well as what each company does, and how much funding it's raised. Visit Business Insider's homepage for more stories . The shift to remote work has created a surge in cloud computing demand, and while the market is dominated by the likes of Amazon and Microsoft, the pandemic is creating opportunity for startups, too. Cloud infrastructure spending reached $31 billion in the first quarter of the year, according to an estimate from tech market researcher Canalys . The top four providers — Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud — accounted for 62% of the cloud spend while the remaining 38% percent went to other providers, Canalys estimated.

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced a major milestone in cloud reliability and uptime, offering 99.99% uptime to all customers in every region of the world at no additional cost. Through its distributed and highly available cloud architecture, now Okta customers of every size – whether free developer instances, up to the largest enterprises – can now count on unparalleled reliability and nearl

BTIG’s Gray Powell cut his rating on the identity-management software company to Neutral from Buy, asserting that growth has slowed down just enough to raise questions about the company’s very generous valuation.