5 Best Cybersecurity Stocks Hedge Funds Are Buying

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In this article, we will be taking a look at the 5 best cybersecurity stocks hedge funds are buying. To read our detailed analysis of the cybersecurity industry, you can go directly to see the 11 Best Cybersecurity Stocks Hedge Funds Are Buying.

Okta, Inc. (NASDAQ:OKTA)

Number of Hedge Fund Holders: 57

Okta, Inc. (NASDAQ:OKTA) is a provider of identity solutions for the management and security of user identities. The company is based in San Francisco, California.

Andrew Nowinski at Wells Fargo maintains an Overweight rating and a $95 price target on Okta, Inc. (NASDAQ:OKTA) as of August 31.

In total, 57 hedge funds were long Okta, Inc. (NASDAQ:OKTA) in the second quarter, with a total stake value of $905.3 million.

Follow Okta Inc. (NASDAQ:OKTA)

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