Adam Aarons - Okta Chief Revenue Officer
| OKTA Stock | USD 92.29 0.64 0.69% |
Executive
Mr. Adam Aarons is the Chief Revenue Officer at Okta, Inc. Prior to joining Okta, he served as Area Vice President of sales for BMC Software from May 2008 to January 2012 during which revenues under his responsibility increased more than 300. Adam led the 1 team in sales of software as a service solutions in FY 2010 and FY 2011 at BMC. Adam joined BladeLogic in March of 2007 as a Vice President of Sales BladeLogic delivered an initial public offering in October of 2007 and was then bought by BMC Software for more than 800 million in April of 2008. Adam has served as a Vice President of Sales at OpenPages where he built the western region into the 1 Region globally producing over 15 million in annual revenue. Adam served as Director of WW Sales for Arena Solutions, a SaaS company where he built the customer base to from less than 30 to over 300, and with an annual reoccurring revenue model from 250 thousand to 4 Million. As a Global Accounts Manager for Agile Software, Adam was responsible for closing over 18 million in revenues and achieved 700 percent of quota in in FY 2000. Prior to Agile, Adam was a Sales Representative at PTC where he was a consistent top revenue producer and overachiever. With deep experience in sales and deployment of cloud infrastructure, SaaS and enterprise solutions, his goal is to build a world class sales team. Adam has a BS from the University of Massachusetts Dartmouth. since 2016.
| Tenure | 8 years |
| Address | 100 First Street, San Francisco, CA, United States, 94105 |
| Phone | 888 722 7871 |
| Web | https://www.okta.com |
Okta Management Efficiency
The company has return on total asset (ROA) of (0.0314) % which means that it has lost $0.0314 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0625) %, 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 April 29, 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 -0.07. 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 6.4 B, whereas Net Tangible Assets are projected to grow to (191.2 M).Similar Executives
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Management Performance
| Return On Equity | -0.0625 | |||
| Return On Asset | -0.0314 |
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.
| Benjamin Horowitz, Independent Director | ||
| Bill Losch, CFO | ||
| Charles Race, President Worldwide Field Operations | ||
| Rebecca Saeger, Independent Director | ||
| Robert Dixon, Director | ||
| Frederic Kerrest, Co-Founder, COO and Director | ||
| Eric Berg, Chief Product Officer | ||
| Susan Ledger, Pres Operations | ||
| Dave Gennarelli, Vice Relations | ||
| Eric Kelleher, President Communications | ||
| Michael Stankey, Independent Director | ||
| Jonathan Runyan, General Counsel, Secretary | ||
| Cole Breidenbach, VP CEO | ||
| Eugenio Pace, Cofounder Operations | ||
| Shellye Archambeau, Director | ||
| Larissa Schwartz, Chief Secretary | ||
| William Losch, Advisor | ||
| Adam Aarons, Chief Revenue Officer | ||
| Jacques Kerrest, CoFounder Chairperson | ||
| Jon Addison, Chief Officer | ||
| Hector Aguilar, Executive Vice President of Engineering, CTO | ||
| Monty Gray, Executive Development | ||
| Michelle Wilson, Independent Director | ||
| Todd McKinnon, CEO, Co-Founder, Director | ||
| Alvina Antar, Senior Officer | ||
| Kerry Ok, Chief Officer | ||
| Brett Tighe, Chief Officer | ||
| Shibu Ninan, Chief Officer | ||
| Michael Kourey, Independent Director | ||
| Sagnik Nandy, President Identity | ||
| Patrick Grady, Independent Director |
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.
| Return On Equity | -0.0625 | |||
| Return On Asset | -0.0314 | |||
| Profit Margin | (0.16) % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 14.54 B | |||
| Shares Outstanding | 160.11 M | |||
| Shares Owned By Insiders | 0.67 % | |||
| Shares Owned By Institutions | 86.90 % | |||
| Number Of Shares Shorted | 4.39 M | |||
| Price To Earning | (7.58) X |
Okta Investors Sentiment
The influence of Okta's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Okta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Okta's public news can be used to forecast risks associated with an investment in Okta. The trend in average sentiment can be used to explain how an investor holding Okta can time the market purely based on public headlines and social activities around Okta Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Okta's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Okta's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Okta's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Okta.
Okta Implied Volatility | 37.61 |
Okta's implied volatility exposes the market's sentiment of Okta Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Okta's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Okta stock will not fluctuate a lot when Okta's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Okta in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Okta's short interest history, or implied volatility extrapolated from Okta options trading.
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Complementary Tools for Okta Stock analysis
When running Okta's price analysis, check to measure Okta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Okta is operating at the current time. Most of Okta's value examination focuses on studying past and present price action to predict the probability of Okta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Okta's price. Additionally, you may evaluate how the addition of Okta to your portfolios can decrease your overall portfolio volatility.
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Is Okta's industry 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 (2.17) | Revenue Per Share 13.83 | Quarterly Revenue Growth 0.186 | Return On Assets (0.03) | Return On Equity (0.06) |
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.