Oklo (NYSE:OKLO) CFO Richard Craig Bealmear Sells 9,726 Shares

Oklo Inc. (NYSE:OKLOGet Free Report) CFO Richard Craig Bealmear sold 9,726 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $76.93, for a total transaction of $748,221.18. Following the transaction, the chief financial officer owned 196,913 shares of the company’s stock, valued at approximately $15,148,517.09. The trade was a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Richard Craig Bealmear also recently made the following trade(s):

  • On Thursday, December 18th, Richard Craig Bealmear sold 5,159 shares of Oklo stock. The stock was sold at an average price of $76.97, for a total transaction of $397,088.23.
  • On Wednesday, December 17th, Richard Craig Bealmear sold 69,841 shares of Oklo stock. The shares were sold at an average price of $78.40, for a total transaction of $5,475,534.40.

Oklo Stock Performance

Shares of OKLO stock traded down $9.80 during mid-day trading on Wednesday, hitting $68.20. The company’s stock had a trading volume of 18,936,477 shares, compared to its average volume of 14,199,781. Oklo Inc. has a 52 week low of $17.42 and a 52 week high of $193.84. The company’s fifty day simple moving average is $88.68 and its 200-day simple moving average is $97.04. The company has a market cap of $10.66 billion, a PE ratio of -126.30 and a beta of 0.76.

Oklo (NYSE:OKLOGet Free Report) last issued its earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period last year, the company posted ($0.08) earnings per share. On average, equities analysts anticipate that Oklo Inc. will post -8.2 earnings per share for the current year.

Hedge Funds Weigh In On Oklo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Black Swift Group LLC purchased a new stake in shares of Oklo during the 2nd quarter valued at approximately $280,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Oklo by 48.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock worth $18,403,000 after purchasing an additional 54,080 shares in the last quarter. Prospera Financial Services Inc boosted its stake in Oklo by 10.0% in the 2nd quarter. Prospera Financial Services Inc now owns 51,435 shares of the company’s stock worth $2,880,000 after purchasing an additional 4,678 shares during the period. Wealthedge Investment Advisors LLC purchased a new position in Oklo during the 2nd quarter valued at about $738,000. Finally, Strs Ohio purchased a new position in Oklo during the 2nd quarter valued at about $1,069,000. 85.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on OKLO. Weiss Ratings reissued a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. Zacks Research downgraded Oklo from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Citigroup reissued a “neutral” rating on shares of Oklo in a research report on Monday, November 24th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $106.00 price objective on shares of Oklo in a research note on Friday, January 9th. Finally, B. Riley boosted their price objective on Oklo from $58.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Oklo has a consensus rating of “Moderate Buy” and an average price target of $103.20.

View Our Latest Stock Analysis on OKLO

More Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: Binding commercial demand and non‑dilutive capital — Oklo’s business model and recent commercial traction (including a reported 1.2 GW agreement structure with Meta that includes prepayments) position the company to receive up‑front project funding rather than equity dilution, which is supportive for future cash flow and valuations. The Atomic Pivot: AI’s $50 Billion Power Move
  • Positive Sentiment: Sector narrative: AI data centers creating structural demand for behind‑the‑meter nuclear capacity — several recent articles argue that hyperscalers’ need for reliable, carbon‑free power re-rates SMR developers like Oklo as infrastructure plays. This is a strong long-term growth thesis if project timelines hold. Is Oklo (OKLO) Quietly Reframing Nuclear Power As Essential Infrastructure For AI Data Centers?
  • Neutral Sentiment: Market commentary and bullish theses highlight upside but also note volatility and execution risk — multiple bull‑case writeups and think pieces praise the addressable market but warn that regulatory and construction execution will determine realized returns. Oklo Inc. (OKLO): A Bull Case Theory
  • Negative Sentiment: Large insider sales by senior management — SEC filings show CEO Jacob Dewitte sold shares on Feb 2 (reported filings for ~140,000 and ~60,000 shares at ~\$75 each) and CFO Richard Bealmear sold ~9,726 shares. Combined insider selling of this size is being viewed negatively by the market and likely amplified intraday selling pressure. SEC Insider Transactions Filing
  • Negative Sentiment: Recent fundamentals and expectations remain loss-making — Oklo missed consensus EPS in its last reported quarter and analysts model significant negative EPS for the year, leaving the stock sensitive to any cash‑flow or funding concerns.
  • Negative Sentiment: Near‑term sentiment driver: headlines and momentum — Coverage explaining the intraday selloff (articles analyzing why OKLO dropped) can accelerate outflows in a low‑earnings, high‑expectations name. Why Oklo Stock Crashed Today

About Oklo

(Get Free Report)

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.

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