Oklo (NYSE:OKLO) General Counsel Vivek Narayanadas Sells 3,264 Shares of Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 3,264 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $39.77, for a total value of $129,809.28. Following the completion of the transaction, the general counsel directly owned 7,822 shares of the company’s stock, valued at $311,080.94. This represents a 29.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oklo Stock Up 11.4%

Shares of NYSE OKLO opened at $44.23 on Wednesday. Oklo Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $193.84. The business has a 50 day moving average price of $46.71 and a two-hundred day moving average price of $56.94. The firm 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 earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (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 the consensus estimate of $0.09 million. The firm’s quarterly revenue was up 11900.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.18) earnings per share. On average, analysts anticipate that Oklo Inc. will post -0.9 earnings per share for the current year.

Hedge Funds Weigh In On Oklo

A number of institutional investors and hedge funds have recently bought and sold shares of OKLO. NBC Securities Inc. boosted its stake in Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Gilpin Wealth Management LLC bought a new stake in shares of Oklo in the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Oklo in the third quarter valued at $45,000. Triumph Capital Management acquired a new stake in shares of Oklo in the third quarter valued at $49,000. Finally, SHP Wealth Management bought a new position in Oklo during the fourth quarter valued at about $32,000. Institutional investors own 85.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. JPMorgan Chase & Co. began coverage on shares of Oklo in a research report on Monday, May 11th. They issued a “neutral” rating and a $83.00 price objective on the stock. HC Wainwright restated a “buy” rating and issued a $90.00 target price on shares of Oklo in a research report on Monday, August 10th. Truist Financial dropped their price target on shares of Oklo from $55.00 to $51.00 and set a “hold” rating on the stock in a research note on Monday, August 10th. Finally, Bank of America began coverage on Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $85.03.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo is benefiting from renewed interest in nuclear-energy stocks, with the sector rebounding after an oversold decline. Buying momentum has also been linked to escalating U.S.-Canada trade tensions and broader demand for domestic energy and uranium exposure. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: Investor enthusiasm is being fueled by the possibility that AI companies, including SpaceX, will need large amounts of reliable power. Oklo’s planned advanced reactors could eventually provide dedicated electricity to data centers and other energy-intensive customers. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Positive Sentiment: Recent company milestones—including first revenue and a controlled nuclear chain reaction at a test reactor—support the long-term investment case and suggest progress toward Oklo’s microreactor and fuel-recycling ambitions. Is Oklo Undervalued After First Revenue and a Reactor Milestone?
• Neutral Sentiment: Oklo’s CEO is promoting the large potential energy value of used nuclear fuel in the United States, highlighting fuel recycling as a major future opportunity. The strategy could create a substantial resource advantage, but it remains dependent on technology, regulation and execution. Oklo’s CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia’s Oil Reserves
• Neutral Sentiment: Several insiders sold shares at $39.77 to cover tax withholding on vested equity awards. The transactions reduced individual holdings, but they were conducted under a pre-arranged plan or for tax purposes rather than clearly representing discretionary bearish bets. Oklo SEC Insider Filing
• Negative Sentiment: Investors remain concerned that meaningful power revenue may still be years away. Recent analyst price-target reductions, Oklo’s ongoing investment needs and a history of insider selling have increased scrutiny of its valuation and commercialization schedule. Oklo Proves It Can Build a Reactor in 11 Months But Power Revenue Is Years Away

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.