Oklo (NYSE:OKLO) General Counsel Sells 288 Shares of Company Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 288 shares of the company’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $37.29, for a total transaction of $10,739.52. Following the sale, the general counsel owned 8,446 shares in the company, valued at $314,951.34. This represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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.

Vivek Narayanadas also recently made the following trade(s):

• On Monday, October 5th, Vivek Narayanadas sold 649 shares of Oklo stock. The stock was sold at an average price of $35.93, for a total value of $23,318.57.
• On Wednesday, September 9th, Vivek Narayanadas sold 365 shares of Oklo stock. The stock was sold at an average price of $43.31, for a total value of $15,808.15.
• On Tuesday, September 8th, Vivek Narayanadas sold 238 shares of Oklo stock. The shares were sold at an average price of $42.06, for a total value of $10,010.28.
• On Friday, September 4th, Vivek Narayanadas sold 538 shares of Oklo stock. The shares were sold at an average price of $39.88, for a total value of $21,455.44.
• On Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The shares were sold at an average price of $40.80, for a total value of $9,098.40.
• On Monday, August 24th, Vivek Narayanadas sold 3,264 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total value of $129,809.28.

Oklo Trading Down 5.9%

NYSE:OKLO traded down $2.18 during midday trading on Thursday, hitting $34.64. 15,438,866 shares of the company traded hands, compared to its average volume of 11,217,003. The firm has a market capitalization of $6.44 billion, a P/E ratio of -36.85 and a beta of 1.20. The firm’s fifty day moving average is $40.51 and its 200-day moving average is $51.45. Oklo Inc. has a 12-month low of $33.70 and a 12-month high of $193.84.

Oklo (NYSE:OKLO) last posted 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 business had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. During the same quarter last year, the business earned ($0.18) EPS. The firm’s revenue was up 11900.0% on a year-over-year basis. On average, research analysts expect that Oklo Inc. will post -1.02 EPS for the current fiscal year.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Analyst sees substantial upside if execution accelerates. One Wall Street analyst believes Oklo could potentially deliver returns of roughly 240% over the next 12 months, but that outlook depends heavily on the company advancing its reactor projects on schedule and converting its technology into commercial revenue. OKLO Nearly Halved in 2026
• Positive Sentiment: Google’s nuclear-power deal renewed interest in advanced-reactor stocks. Google’s long-term nuclear agreement highlighted growing data-center electricity demand and helped focus investors on potential beneficiaries such as Oklo, although Oklo’s projects remain under development. Google’s Power Deal Fuels Fresh Interest in Nuclear Stocks
• Neutral Sentiment: Waste-disposal research could improve Oklo’s long-term prospects. A Department of Energy-funded project involving Oklo found that deep-borehole disposal of recycled nuclear-fuel waste could meet safety requirements and remain below a targeted cost threshold. The result supports the broader nuclear-fuel-recycling opportunity, but commercial validation is still needed. Deep Borehole Disposal Breakthrough At Oklo
• Negative Sentiment: Sector-wide selling and profit-taking are weighing on OKLO. Uranium miners and advanced-reactor companies sold off together, with Oklo and Centrus Energy declining as investors reduced exposure to the nuclear trade. Another report attributed Oklo’s weakness primarily to broader market pressure and profit-taking rather than a new company-specific announcement. Energy Fuels Falls as Nuclear Stocks Sell Off
• Negative Sentiment: Insider selling adds a modest sentiment headwind. General Counsel Vivek Narayanadas sold 649 shares for approximately $23,319 to cover tax withholding tied to vested equity awards. The transaction was not necessarily a discretionary bearish signal, but it reduced his holdings by 6.92% and followed several earlier sales. Oklo General Counsel Sells 649 Shares

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp grew its position in shares of Oklo by 13.9% during the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after buying an additional 481,288 shares in the last quarter. Clear Street Group Inc. raised its holdings in shares of Oklo by 110.5% in the 4th quarter. Clear Street Group Inc. now owns 842,172 shares of the company’s stock valued at $60,434,000 after purchasing an additional 442,172 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Oklo by 55.3% in the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock worth $30,760,000 after purchasing an additional 220,976 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Oklo by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 516,886 shares of the company’s stock worth $25,632,000 after purchasing an additional 5,945 shares during the period. Finally, Capital World Investors boosted its stake in shares of Oklo by 5.2% during the fourth quarter. Capital World Investors now owns 505,938 shares of the company’s stock valued at $36,306,000 after purchasing an additional 24,923 shares in the last quarter. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on OKLO shares. Barclays dropped 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. Piper Sandler reissued an “overweight” rating on shares of Oklo in a research note on Thursday, October 1st. Canaccord Genuity Group dropped their price objective on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. HC Wainwright reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oklo in a research report on Monday, August 10th. Finally, Truist Financial set a $51.00 target price on Oklo in a research note on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $82.44.

About Oklo

Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.

The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.