Oklo (NYSE:OKLO) Trading Down 6.3% on Insider Selling

Oklo Inc. (NYSE:OKLO) dropped 6.3% during trading on Wednesday after an insider sold shares in the company. The company traded as low as $41.08 and last traded at $41.49. 18,193,203 shares traded hands during trading, an increase of 59% from the average session volume of 11,421,220 shares. The stock had previously closed at $44.27.

Specifically, General Counsel Vivek Narayanadas sold 3,264 shares of Oklo stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $129,809.28. Following the transaction, the general counsel directly owned 7,822 shares in the company, valued at approximately $311,080.94. This trade represents a 29.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider William Carroll Murphy Goodwin sold 11,592 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $461,013.84. Following the completion of the sale, the insider owned 45,268 shares of the company’s stock, valued at $1,800,308.36. This represents a 20.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OKLO. Truist Financial decreased their target price on Oklo from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Monday, August 10th. HC Wainwright reiterated a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Monday, August 10th. Royal Bank Of Canada set a $80.00 price target on shares of Oklo in a research report on Friday, May 22nd. JPMorgan Chase & Co. assumed coverage on Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price objective on the stock. Finally, Barclays cut their target price on Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $85.03.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo’s Aurora microreactor remains a key source of investor optimism. The company is applying safety lessons from the EBR-II reactor, pursuing recycled-fuel capabilities and has received U.S. Department of Energy approval, with operations targeted for late 2027 or early 2028. OKLO’s Aurora Reactor: New Design, Proven Nuclear Principles
• Positive Sentiment: Investors continue to view Oklo as a potential beneficiary of rising electricity demand from AI companies and data centers, with possible future customers including SpaceX. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Neutral Sentiment: Renewed U.S.-Canada trade tensions have increased interest in domestic uranium supplies and advanced nuclear developers, helping drive a recent rebound in the group. However, the move has been volatile and appears partly tied to sector-wide trading momentum. Oklo Stock Surges Tuesday on Escalating US-Canada Trade Tensions
• Negative Sentiment: Profit-taking and renewed selling across the nuclear complex, including declines in NuScale Power and uranium equities, pressured Oklo and reduced the impact of its favorable technology narrative. NuScale Power Tumbles Despite Deploying AI Tools
• Negative Sentiment: Technical analysts continue to flag a “sell” signal after the recent rebound, while Oklo remains unprofitable. Its latest quarterly loss exceeded consensus expectations, underscoring execution and commercialization risk as meaningful power revenue is still years away. OKLO Stock Is Rising, But Technical Indicators Say Sell
• Negative Sentiment: Multiple insiders sold shares at $39.77, including the general counsel and another executive. The filings said the sales covered tax withholding under equity-award vesting plans, but the transactions nevertheless add scrutiny to sentiment and valuation. Oklo SEC Insider Filing

Oklo Stock Down 6.3%

The company has a market capitalization of $7.72 billion, a P/E ratio of -44.14 and a beta of 1.17. The firm has a fifty day simple moving average of $46.71 and a 200-day simple moving average of $56.94.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. During the same period in the prior year, the business posted ($0.18) earnings per share. The firm’s revenue was up 11900.0% on a year-over-year basis. On average, sell-side analysts predict that Oklo Inc. will post -0.9 earnings per share for the current fiscal year.

Institutional Trading of Oklo

A number of hedge funds have recently modified their holdings of OKLO. Vanguard Group Inc. grew its stake in shares of Oklo by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company’s stock valued at $835,107,000 after acquiring an additional 44,036 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Oklo by 6,518.7% during the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock worth $454,377,000 after purchasing an additional 8,551,720 shares during the last quarter. Van ECK Associates Corp increased its holdings in Oklo by 13.9% in the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after purchasing an additional 481,288 shares during the period. State Street Corp lifted its position in shares of Oklo by 23.6% in the 4th quarter. State Street Corp now owns 3,060,220 shares of the company’s stock worth $219,601,000 after purchasing an additional 584,184 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Oklo by 7.0% in the 4th quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock worth $201,671,000 after acquiring an additional 185,265 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

About Oklo

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.