Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
Okta, Inc. (OKTA)
Sector: Technology; Industry: Software—Infrastructure

Okta, Inc. provides identity management platforms 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; and 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. In addition, the company offers customer support and training, and professional services.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2017-11-10 Kerrest Jacques Frederic Chief Operating Officer Sell 85,858 $28.98 $2,487,762 Yes
2017-11-01 McKinnon Todd Chief Executive Officer Sell 75,000 $28.98 $2,173,492 Yes
2017-11-01 Runyan Jonathan T General Counsel and Secretary Sell 64,396 $29.00 $1,867,484 Yes
2017-10-27 Runyan Jonathan T General Counsel and Secretary Sell 23,065 $29.00 $668,885 Yes
2017-10-18 Kerrest Jacques Frederic Chief Operating Officer Sell 95,366 $27.14 $2,587,775 Yes
2017-10-16 McKinnon Todd Chief Executive Officer Sell 25,455 $27.31 $695,225 Yes
2017-10-16 Kerrest Jacques Frederic Chief Operating Officer Sell 39,705 $27.63 $1,096,888 Yes
2017-10-12 Kerrest Jacques Frederic Chief Operating Officer Sell 122,504 $28.59 $3,502,316 Yes
2017-10-11 Losch William E Chief Financial Officer Sell 12,200 $28.63 $349,324 Yes
2017-10-12 McKinnon Todd Chief Executive Officer Sell 49,545 $28.59 $1,416,730 Yes
2017-10-04 Runyan Jonathan T General Counsel and Secretary Sell 300,000 $27.03 $8,108,885 Yes

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.