Oklo Inc. (NYSE:OKLO – Get Free Report) CEO Jacob Dewitte sold 140,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $70.50, for a total value of $9,870,000.00. Following the transaction, the chief executive officer owned 598,039 shares in the company, valued at approximately $42,161,749.50. This trade represents a 18.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jacob Dewitte also recently made the following trade(s):
- On Friday, May 1st, Jacob Dewitte sold 60,000 shares of Oklo stock. The stock was sold at an average price of $69.61, for a total value of $4,176,600.00.
- On Wednesday, April 1st, Jacob Dewitte sold 140,000 shares of Oklo stock. The stock was sold at an average price of $50.39, for a total value of $7,054,600.00.
- On Wednesday, April 1st, Jacob Dewitte sold 60,000 shares of Oklo stock. The shares were sold at an average price of $50.25, for a total transaction of $3,015,000.00.
- On Friday, March 13th, Jacob Dewitte sold 44,828 shares of Oklo stock. The shares were sold at an average price of $60.00, for a total transaction of $2,689,680.00.
- On Friday, March 13th, Jacob Dewitte sold 72,960 shares of Oklo stock. The shares were sold at an average price of $60.00, for a total transaction of $4,377,600.00.
- On Monday, March 2nd, Jacob Dewitte sold 139,999 shares of Oklo stock. The stock was sold at an average price of $63.59, for a total transaction of $8,902,536.41.
- On Monday, March 2nd, Jacob Dewitte sold 60,001 shares of Oklo stock. The stock was sold at an average price of $62.60, for a total transaction of $3,756,062.60.
Oklo Price Performance
NYSE:OKLO traded down $1.78 during trading hours on Monday, hitting $68.62. 8,818,170 shares of the company were exchanged, compared to its average volume of 11,442,306. The stock has a market capitalization of $11.93 billion, a price-to-earnings ratio of -95.30 and a beta of 1.16. Oklo Inc. has a 52-week low of $24.53 and a 52-week high of $193.84. The company’s 50 day moving average price is $59.72 and its 200-day moving average price is $83.38.
Key Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo announced a partnership with NVIDIA and Los Alamos National Laboratory to explore using Oklo reactors and fuel R&D to support energy-hungry AI infrastructure — a strategic link to the fast-growing data-center market that could materially expand Oklo’s addressable market if commercialized. Oklo Links Nuclear Reactors To AI Growth With NVIDIA And LANL Partnership
- Positive Sentiment: Market reaction to the NVIDIA/LANL collaboration briefly lifted shares as investors priced in potential long-term demand from AI data centers and possible funding/collaboration benefits. Oklo shares rise on Nvidia nuclear fuel partnership
- Neutral Sentiment: Analysts published notes that see significant upside for Oklo but emphasized high execution, regulatory and funding risks — a balanced view that supports upside potential but keeps volatility high. Analysts see strong upside for Oklo despite high risks
- Neutral Sentiment: Broader sector context: rising electricity demand from AI data centers is reshaping the power market and increasing interest in reliable, high-density power solutions — a structural tailwind for companies positioning around data-center energy. How AI Data Centers Are Reshaping The Power Market (And the 4 Plays Investors Are Making)
- Negative Sentiment: High-profile media commentary, notably Jim Cramer calling Oklo “just too wild a trader,” is amplifying short-term skepticism and likely contributing to selling pressure and increased volatility among retail and speculative holders. Jim Cramer Says Oklo Is “Just Too Wild a Trader”
Institutional Trading of Oklo
Institutional investors and hedge funds have recently bought and sold shares of the business. Caprock Group LLC acquired a new stake in Oklo during the 3rd quarter valued at approximately $14,829,000. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 valued at $18,403,000 after acquiring an additional 54,080 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Oklo by 298.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after purchasing an additional 17,526 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Oklo in the 3rd quarter valued at $2,177,000. Finally, Van ECK Associates Corp lifted its stake in shares of Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after purchasing an additional 1,316,867 shares during the period. 85.03% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have weighed in on OKLO. UBS Group dropped their target price on shares of Oklo from $95.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Tigress Financial began coverage on shares of Oklo in a research report on Monday, April 27th. They set a “buy” rating and a $130.00 target price on the stock. Wedbush reissued an “outperform” rating on shares of Oklo in a research report on Friday, January 9th. HC Wainwright restated a “buy” rating and set a $90.00 price objective on shares of Oklo in a research note on Wednesday, March 18th. Finally, HSBC assumed coverage on shares of Oklo in a research note on Thursday, April 23rd. They set a “buy” rating and a $96.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.68.
Read Our Latest Report on Oklo
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.
Further Reading
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