Insider Selling: Oklo (NYSE:OKLO) Insider Sells 539 Shares

Oklo Inc. (NYSE:OKLO) insider John Hanson sold 539 shares of Oklo stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $21,436.03. Following the completion of the transaction, the insider owned 359,430 shares of the company’s stock, valued at $14,294,531.10. This represents a 0.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oklo Stock Up 11.4%

NYSE OKLO traded up $4.54 on Tuesday, hitting $44.23. 13,848,404 shares of the stock were exchanged, compared to its average volume of 11,377,922. Oklo Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $193.84. The company has a 50-day moving average price of $46.98 and a 200-day moving average price of $57.11. The company has a market cap of $8.23 billion, a PE ratio of -47.05 and a beta of 1.17.

Oklo (NYSE:OKLO) last announced 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 firm had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. The company’s quarterly 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 research analysts predict that Oklo Inc. will post -0.9 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Wedbush reaffirmed an “outperform” rating and set a $110.00 price target on shares of Oklo in a report on Tuesday, May 26th. Wolfe Research assumed coverage on Oklo in a research report on Tuesday, May 19th. They set a “peer perform” rating on the stock. Tigress Financial assumed coverage on Oklo in a research note on Monday, April 27th. They set a “buy” rating and a $130.00 target price for the company. Truist Financial lowered their price target on Oklo from $55.00 to $51.00 and set a “hold” rating for the company in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target on the stock. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $85.03.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Escalating U.S.-Canada trade tensions helped accelerate buying across uranium miners and advanced nuclear developers, benefiting Oklo as part of the broader nuclear-energy trade. Oklo Stock Surges Tuesday on Escalating US-Canada Trade Tensions
• Positive Sentiment: Nuclear stocks rebounded in an oversold move while the broader market was relatively subdued, providing a technical and sentiment-related lift to OKLO. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: Investor interest remains focused on Oklo’s potential to supply reliable power to data centers and AI companies. A speculative thesis suggests SpaceX could eventually become a major customer, though no such contract was announced. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Positive Sentiment: Recent coverage highlighted Oklo’s first revenue, reactor-development progress and plans to extract energy from used U.S. nuclear fuel, reinforcing the company’s long-term growth narrative. Oklo’s CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia’s Oil Reserves
• Neutral Sentiment: Analysts and commentators remain divided: some see substantial upside from reactor milestones and nuclear demand, while others warn that the sector could leave weaker small modular reactor companies behind. Oklo: The Nuclear Renaissance Could Leave A Trail Of Busted SMR Companies
• Negative Sentiment: Valuation and execution concerns continue to weigh on the story. Recent analyst target reductions, substantial insider selling and Oklo’s quarterly earnings miss underscore risks while the company remains unprofitable and commercial power revenue is expected years away. Oklo Slides as Investors Digest Recent Analyst Cuts and Insider Sale Filing

Hedge Funds Weigh In On Oklo

Hedge funds have recently made changes to their positions in the company. NBC Securities Inc. increased its position in shares of Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Vantage Point Financial LLC lifted its holdings in shares of Oklo by 0.8% in the 4th quarter. Vantage Point Financial LLC now owns 21,222 shares of the company’s stock valued at $1,523,000 after purchasing an additional 169 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Oklo by 6.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,800 shares of the company’s stock valued at $313,000 after purchasing an additional 174 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of Oklo by 1.0% in the 1st quarter. Citizens Financial Group Inc. RI now owns 18,704 shares of the company’s stock valued at $928,000 after purchasing an additional 182 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Oklo by 0.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 70,433 shares of the company’s stock worth $3,493,000 after buying an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s 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.