Oklo (NYSE:OKLO) Insider Sells 11,592 Shares of Stock

Oklo Inc. (NYSE:OKLO) insider William Carroll Murphy Goodwin sold 11,592 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $39.77, for a total value of $461,013.84. Following the sale, the insider directly owned 45,268 shares in the company, valued at $1,800,308.36. This trade represents a 20.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oklo Trading Up 11.4%

Shares of NYSE:OKLO traded up $4.54 on Tuesday, reaching $44.23. The company had a trading volume of 13,844,519 shares, compared to its average volume of 11,377,922. The firm has a market capitalization of $8.23 billion, a PE ratio of -47.05 and a beta of 1.17. Oklo Inc. has a 52-week low of $36.61 and a 52-week high of $193.84. The firm’s 50 day simple moving average is $46.98 and its 200-day simple moving average is $57.11.

Oklo (NYSE:OKLO) last issued its quarterly earnings data 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 company 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 earned ($0.18) EPS. Oklo’s revenue was up 11900.0% compared to the same quarter last year. As a group, equities research analysts predict that Oklo Inc. will post -0.9 earnings per share for the current year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Escalating U.S.-Canada trade tensions helped accelerate buying across uranium miners and advanced nuclear developers, benefiting Oklo as part of the broader nuclear-energy trade. Oklo Stock Surges Tuesday on Escalating US-Canada Trade Tensions
• Positive Sentiment: Nuclear stocks rebounded in an oversold move while the broader market was relatively subdued, providing a technical and sentiment-related lift to OKLO. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: Investor interest remains focused on Oklo’s potential to supply reliable power to data centers and AI companies. A speculative thesis suggests SpaceX could eventually become a major customer, though no such contract was announced. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Positive Sentiment: Recent coverage highlighted Oklo’s first revenue, reactor-development progress and plans to extract energy from used U.S. nuclear fuel, reinforcing the company’s long-term growth narrative. Oklo’s CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia’s Oil Reserves
• Neutral Sentiment: Analysts and commentators remain divided: some see substantial upside from reactor milestones and nuclear demand, while others warn that the sector could leave weaker small modular reactor companies behind. Oklo: The Nuclear Renaissance Could Leave A Trail Of Busted SMR Companies
• Negative Sentiment: Valuation and execution concerns continue to weigh on the story. Recent analyst target reductions, substantial insider selling and Oklo’s quarterly earnings miss underscore risks while the company remains unprofitable and commercial power revenue is expected years away. Oklo Slides as Investors Digest Recent Analyst Cuts and Insider Sale Filing

Analyst Upgrades and Downgrades

OKLO has been the topic of a number of recent analyst reports. Tigress Financial initiated coverage on shares of Oklo in a report on Monday, April 27th. They issued a “buy” rating and a $130.00 price target on the stock. Barclays reduced their price objective on shares of Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Bank of America assumed coverage on Oklo in a report on Friday, May 22nd. They set a “buy” rating and a $80.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. Finally, UBS Group lowered their price target on Oklo from $60.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, June 11th. One investment 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 company’s stock. According to MarketBeat.com, Oklo has an average rating of “Moderate Buy” and a consensus target price of $85.03.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in OKLO. California State Teachers Retirement System lifted its position in 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 valued at $454,377,000 after purchasing an additional 8,551,720 shares during the period. State Street Corp grew its position in Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares during the period. Norges Bank purchased a new position in shares of Oklo during the 4th quarter valued at about $73,786,000. Millennium Management LLC raised its stake in shares of Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after buying an additional 570,532 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in Oklo by 13.9% during the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after acquiring an additional 481,288 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

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.