Oklo Inc. (NYSE:OKLO – Get Free Report) insider William Carroll Murphy Goodwin sold 11,592 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $39.77, for a total value of $461,013.84. Following the transaction, the insider directly owned 45,268 shares of the company’s stock, valued at approximately $1,800,308.36. This trade represents a 20.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Oklo Trading Down 6.3%
Oklo stock opened at $41.49 on Thursday. The business’s fifty day simple moving average is $46.36 and its two-hundred day simple moving average is $56.80. Oklo Inc. has a 12 month low of $36.61 and a 12 month high of $193.84. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of -44.14 and a beta of 1.17.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. During the same quarter in the prior year, the company posted ($0.18) earnings per share. The company’s revenue was up 11900.0% on a year-over-year basis. On average, equities research analysts predict that Oklo Inc. will post -0.9 EPS for the current year.
More Oklo News
- Positive Sentiment: Investor interest remains supported by Oklo’s Aurora advanced reactor. The company is applying safety lessons from the EBR-II reactor, pursuing recycled-fuel capabilities and targeting operations in late 2027 or early 2028, although substantial execution work remains. OKLO’s Aurora Reactor: New Design, Proven Nuclear Principles
- Positive Sentiment: Longer-term enthusiasm centers on rising electricity demand from artificial-intelligence companies and data centers. Investors view Oklo’s planned microreactors as a potential source of reliable, dedicated power for customers such as AI infrastructure operators, including speculative interest around SpaceX. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
- Neutral Sentiment: Oklo’s CEO says the large inventory of used nuclear fuel in the United States could become a valuable energy resource, supporting the company’s fuel-recycling strategy. The opportunity is significant but depends on regulatory approval, technology development and successful execution. Oklo’s CEO on Used Nuclear Fuel
- Neutral Sentiment: Multiple insiders sold shares at $39.77 to cover tax withholding tied to vested equity awards; some transactions were made under pre-arranged Rule 10b5-1 plans. The sales may weigh on sentiment, but they do not necessarily indicate a bearish outlook. Oklo SEC Insider Filing
- Negative Sentiment: The immediate catalyst is sector-wide selling: NuScale Power and other nuclear-related shares also weakened, reversing part of Tuesday’s broad, oversold rebound. Renewed U.S.-Canada trade tensions and uranium-market positioning have made the group especially volatile. Nuclear Stocks Sell Off
- Negative Sentiment: Technical indicators continue to signal caution, with the stock trading below its 50-day and 200-day moving averages. Oklo also remains pre-revenue at scale, loss-making and dependent on future reactor commercialization, leaving its valuation sensitive to delays and analyst target reductions. OKLO Technical Indicators
Institutional Trading of Oklo
Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of Oklo by 162.6% in the first quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after acquiring an additional 57,497 shares during the period. AQR Capital Management LLC bought a new position in Oklo during the first quarter valued at approximately $519,000. 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 purchasing an additional 570,532 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Oklo by 165.6% in the first quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after purchasing an additional 9,772 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Oklo by 90.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after purchasing an additional 53,703 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have issued reports on OKLO shares. Barclays decreased their target price on shares of Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Canaccord Genuity Group reduced their price target on shares of Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Wedbush restated an “outperform” rating and issued a $110.00 price objective on shares of Oklo in a report on Tuesday, May 26th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada set a $80.00 target price on Oklo in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $85.03.
Check Out Our Latest Research Report on Oklo
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.
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