PRIMECAP Management's position in Okta is currently worth $158 Million. That's 0.12% of their equity portfolio (111th largest holding). The first Okta trade was made in Q1 2020. Since then PRIMECAP Management bought shares twelve more times and sold shares on four occasions. The stake costed the investor $106 Million, netting the investor a gain of 50% so far.
Okta's Q4 FY25 earnings saw its revenue and earnings grow 13% and 30% earnings YoY respectively, surpassing analyst estimates and driving the stock up 16%. D...
I give Okta a buy rating ahead of 2Q25 earnings results. In my opinion, the stock is better positioned after the negatives were priced in post-1Q25 earnings....
No summary available.
No summary available.