Insider Selling: Oklo (NYSE:OKLO) CFO Sells $636,826.80 in Stock

Oklo Inc. (NYSE:OKLO) CFO Richard Bealmear sold 16,430 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $38.76, for a total transaction of $636,826.80. Following the sale, the chief financial officer directly owned 455,976 shares in the company, valued at $17,673,629.76. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oklo Price Performance

OKLO stock opened at $41.24 on Friday. The company has a 50 day moving average price of $44.16 and a 200 day moving average price of $55.50. Oklo Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $193.84. The stock has a market capitalization of $7.67 billion, a PE ratio of -43.87 and a beta of 1.18.

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

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: A comparison of small modular reactor stocks favors Oklo over NuScale Power because Oklo could capture a larger future revenue opportunity as data centers drive demand for reliable electricity. The bullish case depends on successful project execution and regulatory progress. Better Small Modular Reactor Stock to Buy After the Sell-Off: Oklo vs. NuScale Power
• Positive Sentiment: Analysis that Oklo’s “AI power” opportunity is becoming more tangible reinforces the long-term growth thesis that advanced nuclear reactors could help meet rapidly rising data-center electricity demand. Oklo: The AI Power Trade Is Getting More Tangible
• Neutral Sentiment: Investor comparisons between Oklo and NuScale emphasize that the better investment may depend on how quickly AI companies adopt nuclear power. This highlights substantial potential but also significant uncertainty around customer demand, commercialization timelines and regulation. Nuclear Stock Face-Off: Is NuScale Power or Oklo the Better Buy Right Now?
• Neutral Sentiment: Holtec Nuclear’s planned IPO could bring additional capital and attention to the nuclear and SMR industries. However, its existing revenue base may provide investors with a more established alternative to Oklo. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector
• Negative Sentiment: Chief People Officer Alexandra Renner sold 1,930 shares worth about $74,000 to cover tax withholding after equity awards vested. The transaction reduced her holdings by only 0.4%, making it a limited bearish signal. Oklo insider sale
• Negative Sentiment: CFO Richard Bealmear sold 16,430 shares valued at approximately $637,000 under a pre-arranged Rule 10b5-1 trading plan. Planned selling reduces its signaling value, but adds to near-term investor caution. Oklo insider trading report
• Negative Sentiment: OKLO has been identified as one of the utilities sector’s most heavily shorted stocks, signaling substantial bearish positioning and the possibility of continued volatility. OKLO short interest

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System increased its stake in Oklo by 6,518.7% in the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock valued at $454,377,000 after purchasing an additional 8,551,720 shares in the last quarter. State Street Corp boosted its position 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 worth $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. Norges Bank acquired a new position in shares of Oklo in the 4th quarter valued at $73,786,000. Millennium Management LLC grew its holdings in shares of Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after buying an additional 570,532 shares during the period. Finally, Van ECK Associates Corp increased its position in shares of Oklo by 13.9% in the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after buying an additional 481,288 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on OKLO. Wolfe Research began coverage on shares of Oklo in a research note on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Citigroup dropped their price target on shares of Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a research note on Monday, August 10th. JPMorgan Chase & Co. started coverage on shares of Oklo in a report on Monday, May 11th. They issued a “neutral” rating and a $83.00 price objective on the stock. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Oklo in a research note on Tuesday, May 26th. Finally, Guggenheim assumed coverage on shares of Oklo in a report on Thursday, June 25th. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $85.03.

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.