Oklo Inc. (NYSE:OKLO – Get Free Report) insider William Carroll Murphy Goodwin sold 2,820 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $56.69, for a total value of $159,865.80. Following the transaction, the insider directly owned 15,991 shares of the company’s stock, valued at approximately $906,529.79. This trade represents a 14.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Oklo Trading Up 2.3%
Oklo stock opened at $62.79 on Thursday. Oklo Inc. has a 12 month low of $17.42 and a 12 month high of $193.84. The company has a market capitalization of $9.81 billion, a price-to-earnings ratio of -116.27 and a beta of 0.80. The business’s fifty day simple moving average is $76.99 and its two-hundred day simple moving average is $95.53.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Oklo from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Bank of America upgraded shares of Oklo from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $111.00 to $127.00 in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. UBS Group reiterated a “neutral” rating on shares of Oklo in a research note on Monday, January 12th. Finally, Wedbush reissued an “outperform” rating on shares of Oklo in a report on Friday, January 9th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $98.93.
Key Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Strategic JV to address HALEU fuel bottleneck — Oklo and Centrus are exploring a HALEU deconversion joint venture aimed at strengthening the U.S. supply chain for advanced reactors, which directly supports Oklo’s build-out plans and reduces a major execution risk. How OKLO and Centrus Aim to Fix the Nuclear Fuel Bottleneck
- Positive Sentiment: Momentum metrics improving — Benzinga notes Oklo’s momentum score has climbed, reflecting stronger market sentiment that can support short-term buying interest and higher liquidity. Oklo Momentum Climbs On Joint Venture With Centrus Energy, US Plans For Iran Nuclear Stockpiles
- Positive Sentiment: Wall Street support and analyst upside — Several brokers have buy/outperform ratings and at least one meaningful price-target lift, giving the stock additional fundamental endorsement that can sustain investor interest.
- Neutral Sentiment: Earnings & corporate update scheduled for March 17 — Oklo will report full-year results and provide operational updates that could move the stock materially in either direction depending on execution details and timing. Traders should watch that release. Dear Oklo Stock Fans, Mark Your Calendars for March 17
- Neutral Sentiment: Media coverage and bullish narratives are increasing — Multiple feature pieces (e.g., The Motley Fool) compare Oklo to other energy/clean-tech stocks and discuss long-term upside, which can amplify retail interest but may not change fundamentals. Better Energy Stock: Plug Power vs. Oklo Inc.
- Negative Sentiment: Insider selling — An Oklo insider sold 2,820 shares on March 9 (reported filings), which some investors view as a signal to be cautious about near-term downside; however, the remaining insider stake remains sizable. Oklo (NYSE:OKLO) Insider William Carroll Murphy Goodwin Sells 2,820 Shares
Institutional Trading of Oklo
Large investors have recently made changes to their positions in the stock. Caprock Group LLC purchased a new position in shares of Oklo in the 3rd quarter worth $14,829,000. Mirae Asset Global Investments Co. Ltd. increased its position in Oklo by 48.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock valued at $18,403,000 after acquiring an additional 54,080 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Oklo by 298.6% during the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after acquiring an additional 17,526 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in Oklo by 10.0% in the second quarter. Prospera Financial Services Inc now owns 51,435 shares of the company’s stock valued at $2,880,000 after acquiring an additional 4,678 shares during the period. Finally, Wealthedge Investment Advisors LLC purchased a new position in Oklo in the second quarter worth about $738,000. 85.03% of the stock is currently owned by institutional investors.
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.
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