Oklo (NYSE:OKLO) Insider Alexandra Renner Sells 557 Shares

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 557 shares of the company’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 transaction of $22,151.89. Following the completion of the sale, the insider owned 472,779 shares of the company’s stock, valued at approximately $18,802,420.83. This trade represents a 0.12% decrease in their position. The sale was disclosed in a filing with the SEC, 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 Performance

Oklo stock opened at $44.23 on Wednesday. Oklo Inc. has a 52 week low of $36.61 and a 52 week high of $193.84. The firm has a market capitalization of $8.23 billion, a price-to-earnings ratio of -47.05 and a beta of 1.17. The company has a 50 day moving average price of $46.71 and a 200 day moving average price of $56.94.

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 the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. The firm’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.18) earnings per share. Equities analysts forecast that Oklo Inc. will post -0.9 earnings per share for the current fiscal year.

Key Oklo News

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on OKLO. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. Guggenheim began coverage on Oklo in a research note on Thursday, June 25th. They set a “neutral” rating on the stock. JPMorgan Chase & Co. assumed coverage on Oklo in a report on Monday, May 11th. They issued a “neutral” rating and a $83.00 target price on the stock. Wolfe Research started coverage on shares of Oklo in a research report on Tuesday, May 19th. They issued a “peer perform” rating for the company. Finally, Royal Bank Of Canada set a $80.00 price target on shares of Oklo in a report 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $85.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of OKLO. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Oklo in the second quarter valued at about $502,000. California State Teachers Retirement System grew its stake in shares of Oklo by 6,518.7% in the 2nd quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock valued at $454,377,000 after buying an additional 8,551,720 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Oklo during the second quarter valued at approximately $481,000. Odyssean LLC acquired a new stake in Oklo in the second quarter valued at approximately $555,000. Finally, Nykredit A S acquired a new stake in Oklo in the second quarter valued at approximately $199,000. 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.