William Carroll Murphy Goodwin Sells 11,936 Shares of Oklo (NYSE:OKLO) Stock

Oklo Inc. (NYSE:OKLO) insider William Carroll Murphy Goodwin sold 11,936 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.84, for a total transaction of $1,215,562.24. Following the transaction, the insider owned 8,750 shares in the company, valued at approximately $891,100. The trade was a 57.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

William Carroll Murphy Goodwin also recently made the following trade(s):

• On Friday, September 5th, William Carroll Murphy Goodwin sold 41,387 shares of Oklo stock. The shares were sold at an average price of $70.09, for a total transaction of $2,900,814.83.

Oklo Trading Down 14.5%

Shares of OKLO traded down $14.90 during mid-day trading on Thursday, hitting $87.96. The company’s stock had a trading volume of 20,009,417 shares, compared to its average volume of 18,506,840. The company’s 50-day moving average is $124.54 and its 200-day moving average is $82.39. Oklo Inc. has a 52-week low of $17.14 and a 52-week high of $193.84. The firm has a market capitalization of $13.74 billion, a price-to-earnings ratio of -162.89 and a beta of 0.70.

Oklo (NYSE:OKLO) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period in the prior year, the company earned ($0.08) EPS. As a group, sell-side analysts predict that Oklo Inc. will post -8.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Oklo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OKLO. Black Swift Group LLC acquired a new stake in Oklo during the 2nd quarter worth $280,000. Bouvel Investment Partners LLC purchased a new position in shares of Oklo in the second quarter worth about $2,263,000. Prospera Financial Services Inc boosted its position in Oklo by 10.0% during the second quarter. Prospera Financial Services Inc now owns 51,435 shares of the company’s stock worth $2,880,000 after acquiring an additional 4,678 shares during the last quarter. Strs Ohio purchased a new stake in Oklo during the 2nd quarter valued at about $1,069,000. Finally, Thoroughbred Financial Services LLC acquired a new stake in Oklo in the 2nd quarter valued at about $1,833,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on OKLO. Wedbush reiterated an “outperform” rating and issued a $150.00 target price on shares of Oklo in a research note on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a research report on Wednesday, October 8th. BNP Paribas Exane began coverage on shares of Oklo in a research note on Friday, July 25th. They set an “underperform” rating and a $14.00 price objective for the company. UBS Group set a $175.00 target price on shares of Oklo in a research note on Thursday, October 9th. Finally, Barclays set a $146.00 price target on Oklo in a research report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Oklo presently has an average rating of “Hold” and a consensus target price of $106.29.

Oklo Company Profile

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.