Technology security firm Okta, Inc. (OKTA) up 50.1% in a year thanks to AI demand, institutional inflows.
OKTA helps secure information systems through its enterprise identity management platform, which includes single sign-on, multi-factor authentication, access gateway, API access management, authentication, adaptive MFA, and lifecycle management, along with a new focus on securing AI agents. OKTA’s first-quarter 2027 report showed $765 million in revenue (an 11.2% year-over-year gain), per-share earnings of $0.42 (an 18.3% sequential gain), roughly $2.6 billion in cash on hand, and $680 million in share repurchases still to take place.
No wonder OKTA shares are up 72% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Institutional volumes reveal plenty. In the last year, OKTA has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in OKTA shares. They reflect our proprietary inflow signal, pushing the stock higher:
Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Okta.
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, OKTA has had strong sales and earnings growth:
Source: FactSet
Also, EPS is estimated to ramp higher this year by +10.8%.
Now it makes sense why the stock has been generating Big Money interest. OKTA has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Okta has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s had three Big Money outlier inflow signals in the last two years, gaining 42.3% since the first one in April 2025. The blue bars below shows when OKTA was a top pick…institutions are buyers:
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
The OKTA action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in OKTA at the time of publication.
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Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.