Oklo Inc. (NYSE:OKLO – Get Free Report) insider William Carroll Murphy Goodwin sold 10,548 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the sale, the insider owned 36,175 shares in the company, valued at $2,099,597. The trade was a 22.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
William Carroll Murphy Goodwin also recently made the following trade(s):
- On Monday, March 9th, William Carroll Murphy Goodwin sold 2,820 shares of Oklo stock. The shares were sold at an average price of $56.69, for a total value of $159,865.80.
Oklo Stock Up 1.0%
Shares of NYSE OKLO opened at $65.76 on Friday. The stock’s 50 day moving average price is $60.96 and its two-hundred day moving average price is $76.46. Oklo Inc. has a 52-week low of $43.63 and a 52-week high of $193.84. The stock has a market capitalization of $11.44 billion, a P/E ratio of -78.28 and a beta of 1.16.
Analyst Ratings Changes
Several analysts have issued reports on OKLO shares. Canaccord Genuity Group cut their price objective on Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 price objective on shares of Oklo in a research note on Wednesday, May 13th. Wolfe Research started coverage on Oklo in a research note on Tuesday. They set a “peer perform” rating on the stock. JPMorgan Chase & Co. started coverage on Oklo in a research note on Monday, May 11th. They set a “neutral” rating and a $83.00 price objective on the stock. Finally, B. Riley Financial cut their price objective on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.58.
Check Out Our Latest Stock Report on OKLO
Hedge Funds Weigh In On Oklo
Several institutional investors have recently made changes to their positions in OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Oklo by 71.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after purchasing an additional 2,968,981 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock valued at $1,294,179,000 after purchasing an additional 2,901,909 shares during the last quarter. State Street Corp grew its holdings in shares of Oklo by 454.5% during the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after purchasing an additional 1,752,946 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Oklo by 61.0% during the third 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 last quarter. Finally, Norges Bank bought a new position in shares of Oklo during the fourth quarter valued at approximately $73,786,000. 85.03% of the stock is owned by institutional investors.
Key Stories Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Bank of America initiated coverage on Oklo with a Buy rating and an $80 price target, signaling meaningful upside from recent trading levels and helping support bullish sentiment. Oklo coverage and analyst target
- Positive Sentiment: Oklo’s partnership with Idaho National Laboratory to apply AI tools to advanced reactor and fuel-system design is reinforcing the company’s long-term growth narrative, especially around faster development of its Aurora and Pluto reactor concepts. Oklo AI Lab Partnership Adds New Angle To Volatile Valuation Story
- Positive Sentiment: Fresh bullish commentary calling for large upside in Oklo stock and highlighting its fuel-recycling strategy is adding to speculative interest in the name. Prediction: Oklo Stock Will Surge 75% This Year
- Neutral Sentiment: An insider sale by William Carroll Murphy Goodwin was disclosed, but the filing says it was tied to tax withholding on vested equity awards, which makes it less concerning than a discretionary insider exit. SEC Form 4 filing
- Neutral Sentiment: Broader enthusiasm around AI-driven electricity demand and the nuclear renaissance continues to support the sector, though this is more of a thematic tailwind than a direct Oklo-specific event. AI Provides Tailwind for the Next Phase of the Nuclear Renaissance
- Negative Sentiment: Some recent analysis continues to warn that Oklo remains a highly volatile, execution-dependent story, which may temper enthusiasm after the rally. The Big Question You Need to Ask Yourself Before Buying Oklo Stock
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.
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