Oklo Target of Unusually High Options Trading (NYSE:OKLO)

Oklo Inc. (NYSE:OKLO) saw some unusual options trading activity on Thursday. Stock traders purchased 133,092 call options on the stock. This is an increase of 82% compared to the typical volume of 73,107 call options.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wolfe Research assumed coverage on Oklo in a report on Tuesday, May 19th. They issued a “peer perform” rating for the company. Bank of America began coverage on Oklo in a research note on Friday, May 22nd. They set a “buy” rating and a $80.00 price target on the stock. Needham & Company LLC lowered their price objective on shares of Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Guggenheim began coverage on shares of Oklo in a report on Thursday, June 25th. They set a “neutral” rating on the stock. Finally, HC Wainwright reissued a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Oklo has a consensus rating of “Moderate Buy” and an average target price of $85.81.

Insiders Place Their Bets

In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the transaction, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total transaction of $612,205.92. Following the transaction, the insider directly owned 36,175 shares in the company, valued at approximately $2,099,597. This trade represents a 22.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 683,629 shares of company stock worth $43,902,208 in the last three months. Corporate insiders own 18.90% of the company’s stock.

Institutional Investors Weigh In On Oklo

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Oklo by 71.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after purchasing an additional 2,968,981 shares in the last quarter. State Street Corp raised its stake in Oklo by 454.5% in the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares during the last quarter. Norges Bank purchased a new stake in Oklo in the fourth quarter valued at about $73,786,000. Millennium Management LLC boosted its holdings in Oklo by 4,974.1% in the first quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after acquiring an additional 570,532 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in Oklo by 13.9% in the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after acquiring an additional 481,288 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Oklo Stock Down 0.9%

Shares of NYSE OKLO traded down $0.43 during mid-day trading on Friday, reaching $48.84. 6,592,552 shares of the company were exchanged, compared to its average volume of 9,064,668. Oklo has a 1 year low of $44.88 and a 1 year high of $193.84. The firm has a 50-day moving average of $61.09 and a 200 day moving average of $66.77. The stock has a market cap of $8.50 billion, a price-to-earnings ratio of -58.14 and a beta of 1.14.

Oklo (NYSE:OKLO) last posted its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period in the previous year, the business posted ($0.07) earnings per share. On average, equities analysts forecast that Oklo will post -0.73 earnings per share for the current year.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo is being featured as a high-upside nuclear stock, with one article suggesting the company could have significant room to run as investor interest in nuclear energy stays strong. One Nuclear Energy Stock With a 100% Upside Potential
• Positive Sentiment: Coverage around Oklo’s push into nuclear isotopes and its integrated isotope platform is reinforcing the bullish long-term story, as the company aims to turn waste streams into valuable radioisotopes and strengthen U.S. supply chains. Why OKLO Is Betting Big on the Future of Nuclear Isotopes
• Positive Sentiment: The June 30 acquisition of Creative Engineers adds chemical process engineering expertise tied to sodium and alkali-metal systems, which could help Oklo advance its Aurora technology and speed development efforts. Oklo (OKLO) Acquires Creative Engineers to Advance Aurora Technology
• Positive Sentiment: Broader nuclear-sector momentum is also helping sentiment, including a major DOE contract for Centrus Energy that underscores policy and funding support for the nuclear fuel supply chain. Nuclear Fuel Supply Chain Updates: Centrus Secures DOE Contract
• Neutral Sentiment: Oklo continues to appear on “best IPO stocks” and “best nuclear stocks” watchlists, which keeps the name in front of momentum traders but does not materially change the company’s fundamentals. 5 Best IPO Stocks with Huge Upside Potential
• Neutral Sentiment: Unusually heavy call-option buying and other trader activity suggest speculation remains elevated, but this can also increase volatility rather than confirm a lasting move. Oklo Inc Class A Shares OKLO
• Negative Sentiment: CEO Jacob Dewitte sold 60,000 shares, adding a cautious note for investors who often view insider selling as a possible sign of limited near-term upside. SEC Form 4 filing
• Negative Sentiment: Oklo’s valuation remains a concern in recent commentary, and the stock’s weak trend over the past month suggests investors are still waiting for clearer execution before re-rating the shares higher. Oklo (OKLO) Gains A Regulatory Win As Investors Weigh Its Valuation

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.