Well now, here’s a curious tale from the stock market trenches. My Personal CFO, LLC-a name that sounds more like a family accountant than a money-makin’ powerhouse-has gone and done something a mite peculiar. They up and sold every single one of their Okta shares in the third quarter. Yep, all 110,367 of ’em, for a grand total of about $11.03 million, according to a filing made on October 20, 2025. A tidy sum, you might say, but why on earth would they be parting ways with Okta, a company that’s been buzzing around like a bee in the tech world’s garden?
The Story So Far
As of October 20, 2025, My Personal CFO’s 13F filing-now that’s the fancy paperwork institutions file with the SEC-shows they’ve completely liquidated their Okta position. All those shares, gone. They’ve walked away, leaving a hole in their portfolio as empty as a church pew on a Sunday morning. With that, Okta no longer holds any weight in the fund’s reported assets, which, by the way, totaled 94 different positions as of September 30, 2025. Not a bad list, but Okta is out the door.
What’s the Big Deal, Anyway?
You might be wondering, what’s the deal with such a sharp exit? Well, after selling out of Okta, this outfit has turned its back on a piece of its past, and judging by the size of the selloff, it’s no small decision. When a firm has assets over $250 million (yes, you read that right), you’d think they’d ease out of a position slowly, maybe like a slow boat leaving the dock. But no, they didn’t do that-they dumped the whole darn thing in one go, a real rush job.
Now, let’s take a good, hard look at what might’ve sparked such a hasty retreat. As it happens, Okta’s stock has had a rough go of it lately. Since May 2025, the company’s shares have plunged over 30%. The reason? Poor forward guidance from management and a slew of analyst downgrades have left Okta floundering. If I had to guess, I’d say the firm saw the storm clouds gatherin’ on the horizon and decided to head for higher ground.
But here’s where the rubber hits the road: The stock’s price as of October 20 was still holding steady at $88.32-a 19.29% increase from the previous year. That’s better than a sharp stick in the eye, but it’s hardly the kind of sky-high performance you’d expect from a tech stock. So, what’s really going on? Well, let’s just say the financial world’s barometer is about as reliable as a weather forecast in the mountains.
The Lay of the Land: Top Holdings After the Filing
- VTI: $25.55 million (9.9% of AUM) as of September 30, 2025
- VCIT: $20.94 million (8.1% of AUM) as of September 30, 2025
- IVV: $13.63 million (5.3% of AUM) as of September 30, 2025
- VCSH: $13.26 million (5.1% of AUM) as of September 30, 2025
- DFAC: $12.57 million (4.9% of AUM) as of September 30, 2025
As for Okta, well, it seems the big boys and girls on Wall Street are done with it. It’s not listed as part of their assets anymore, a real “next!” moment for the company.
Who’s Okta, Anyway?
| Metric | Value |
|---|---|
| Revenue (TTM) | $2.76 billion |
| Net Income (TTM) | $168.00 million |
| Market Capitalization | $15.84 billion |
| Price (as of market close 2025-10-20) | $88.32 |
So, What Does This All Mean for Us Little Folk?
Now, as I sit back and sip my coffee, I reckon we ought to be paying attention to this story. That My Personal CFO decided to part ways with Okta in one fell swoop might be a sign that something’s rotten in Denmark-or in this case, in the world of tech stocks. They’ve got $250 million or so under management, but even they couldn’t stand the heat. What’s more, the stock’s performance over the last few months has been downright lackluster, with a 30% drop in value since May, thanks to some weak forecasts and a couple of analysts throwing in the towel. It’s a lesson for the rest of us, I’d say-don’t let the flashy charts and promises fool you, and when the big guys start selling, maybe it’s time to listen up.
So, if you’re a retail investor sitting out there, chewing on your pen, maybe it’s time to keep a sharp eye on Okta. The landscape’s changing, and that ol’ adage about the early bird and the worm might not apply here. In fact, it might be the early bird that gets fried. Ain’t that a shame? 📉
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2025-10-27 18:22