Okta stock bounces after Mizuho analyst says it”s ”difficult to ignore” at current prices

Tuesday, 8 March 2022, 12:52:48
Shares of Okta Inc. bounced 1.5% in premarket trading Tuesday, after Mizuho analyst Gregg Moskowitz turned bullish on the identity management software company, saying the stock is “difficult to ignore at these levels.” The stock had plunged 35.7% over the past three months to close Monday at the lowest price since May 1, 2020. In comparison, the ETFMG Prime Cyber Security ETF has shed 9.1% over the past three months and the S&P 500 has declined 10.6%. Mizuho”s Moskowitz raised his rating on Okta”s stock to buy from neutral while keeping his price target at $225, which implies about 46% upside from Monday”s closing price. He said while profitability remains an issue, organic growth is still strong and growth of Okta”s Auth0 offering has been robust. “We continue to believe OKTA”s technological and GTM [global trade management] advantages versus most peers are significant, and at 9x CY23E revenue we believe the risk/reward has become difficult to ignore, even amid a tumultuous market,” Moskowitz wrote in a note to clients.
— MarketWatch

ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) Shares Sold by Stephens Inc. AR

Saturday, 4 December 2021, 15:46:45
Stephens Inc. AR trimmed its stake in shares of ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) by 24.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,648 shares of the companys stock after selling 1,810 shares during the quarter. Stephens Inc. ARs holdings in []
— Dakota Financial News

Jefferies Group LLC Takes Position in ETFMG Prime Cyber Security ETF (NYSEARCA:HACK)

Saturday, 13 November 2021, 16:20:42
Jefferies Group LLC purchased a new position in ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 5,103 shares of the companys stock, valued at approximately $309,000. A number of other hedge funds have also recently modified their holdings of the stock. Beacon Pointe Advisors LLC purchased a new []
— Transcript Daily

Cypress Point Wealth Management, LLC Buys Vanguard Short-Term Government Bond ETF, ContextLogic …

Friday, 5 November 2021, 22:38:08
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— GuruFocus

Ameritas Investment Company LLC Sells 6,945 Shares of ETFMG Prime Cyber Security ETF (NYSEARCA:HACK)

Wednesday, 3 November 2021, 15:04:41
Ameritas Investment Company LLC cut its holdings in ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) by 93.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 500 shares of the companys stock after selling 6,945 shares during the period. Ameritas Investment Company LLCs holdings in ETFMG Prime Cyber Security ETF were worth $472,000 at the []
— Dakota Financial News