Insider Selling: Oklo (NYSE:OKLO) Insider Sells 1,930 Shares of Stock

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 1,930 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $38.40, for a total transaction of $74,112.00. Following the completion of the sale, the insider owned 475,022 shares in the company, valued at approximately $18,240,844.80. This trade represents a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alexandra Renner also recently made the following trade(s):

• On Monday, August 24th, Alexandra Renner sold 557 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total value of $22,151.89.

Oklo Stock Performance

OKLO stock traded up $0.37 during mid-day trading on Thursday, reaching $39.89. 6,867,170 shares of the stock traded hands, compared to its average volume of 11,305,931. Oklo Inc. has a one year low of $36.61 and a one year high of $193.84. The business has a 50-day moving average price of $44.55 and a two-hundred day moving average price of $55.78. The stock has a market capitalization of $7.42 billion, a PE ratio of -42.44 and a beta of 1.18.

Oklo (NYSE:OKLO) last announced its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. During the same period in the previous year, the business earned ($0.18) EPS. Oklo’s revenue for the quarter was up 11900.0% on a year-over-year basis. On average, equities analysts expect that Oklo Inc. will post -0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of OKLO. Costello Asset Management INC lifted its position in Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. Gilpin Wealth Management LLC acquired a new position in shares of Oklo during the fourth quarter worth $29,000. SHP Wealth Management purchased a new stake in shares of Oklo during the 4th quarter valued at $32,000. Ascentis Independent Advisors purchased a new stake in shares of Oklo during the 1st quarter valued at $33,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Oklo in the 4th quarter worth $35,000. Institutional investors own 85.03% of the company’s stock.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Continued attention on the nuclear-power sector could support Oklo’s long-term investment case, as utilities and investors increasingly focus on advanced reactors and small modular reactors. Nuclear Stocks To Consider – August 31st
• Neutral Sentiment: Holtec’s planned initial public offering introduces another publicly traded nuclear company with existing revenue and ambitions in small modular reactors. The offering may expand sector visibility, although investor interest and valuation could shift toward the new rival. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector A New Nuclear Rival Recently Filed to Go Public
• Negative Sentiment: Oklo CEO Jacob DeWitte sold 120,000 shares in two transactions for approximately $4.63 million, reducing his reported holdings by about 25% across the filings. Separately, Chief Product Officer Alexandra Renner sold 1,930 shares worth roughly $74,000. Multiple insider sales can reinforce concerns about near-term valuation and confidence, even though they do not necessarily indicate a change in business fundamentals. Jacob DeWitte insider transactions OKLO Stock Heads For 4th Week In Red
• Negative Sentiment: OKLO reportedly has one of the highest short-interest levels in the utilities sector. That signals substantial bearish positioning and may pressure the shares, although it also creates the possibility of sharp gains if favorable company news triggers short covering. OKLO and BKH Draw Highest Short Interest
• Negative Sentiment: Oklo filed a complaint with the Federal Energy Regulatory Commission after PJM removed an Oklo project from its interconnection queue. The dispute highlights permitting and grid-connection risks that could delay project development and revenue generation. Oklo Files FERC Complaint After PJM Removes Project from Interconnection Queue

Analyst Ratings Changes

OKLO has been the subject of several research analyst reports. Royal Bank Of Canada set a $80.00 price target on shares of Oklo in a research note on Friday, May 22nd. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 price target on shares of Oklo in a research note on Wednesday, May 13th. Barclays decreased their price objective on Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Bank of America began coverage on shares of Oklo in a report on Friday, May 22nd. They set a “buy” rating and a $80.00 target price on the stock. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Oklo currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.03.

Oklo Company Profile

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.