Okta Shares Purchased by Banque Cantonale Vaudoise

Swiss bank increases stake in identity management company by over 120%

Published on Mar. 11, 2026

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Banque Cantonale Vaudoise, a Swiss bank, raised its position in Okta, Inc. (NASDAQ:OKTA) by 122.8% during the third quarter, according to a recent SEC filing. The institutional investor now owns 32,298 shares of the company's stock, worth $2.96 million at the end of the quarter.

Why it matters

Okta is a leading provider of identity and access management solutions, and its stock performance is closely watched by investors. This increase in ownership by a major Swiss bank suggests continued institutional confidence in the company's growth prospects.

The details

According to the filing, Banque Cantonale Vaudoise purchased an additional 17,801 shares of Okta during the third quarter, bringing its total holdings to 32,298 shares. The bank's increased stake in Okta comes as the company has faced some volatility in its stock price, with shares trading between $68.77 and $127.57 over the past 12 months.

  • Banque Cantonale Vaudoise increased its Okta holdings during the third quarter of 2026.

The players

Banque Cantonale Vaudoise

A Swiss bank that raised its position in Okta, Inc. by over 120% during the third quarter of 2026.

Okta, Inc.

An American identity and access management company headquartered in San Francisco, California.

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The takeaway

This increase in ownership by a major Swiss bank suggests continued institutional confidence in Okta's growth prospects, despite some recent stock price volatility. As a leading provider of identity management solutions, Okta's performance remains an important indicator for the broader cybersecurity industry.