Oklo Inc. (NYSE:OKLO – Get Free Report) CEO Jacob Dewitte sold 72,960 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,377,600.00. Following the completion of the sale, the chief executive officer owned 751,533 shares in the company, valued at $45,091,980. This represents a 8.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Jacob Dewitte also recently made the following trade(s):
- On Friday, March 13th, Jacob Dewitte sold 44,828 shares of Oklo stock. The stock was sold at an average price of $60.00, for a total transaction of $2,689,680.00.
- On Monday, March 2nd, Jacob Dewitte sold 139,999 shares of Oklo stock. The stock was sold at an average price of $63.59, for a total transaction of $8,902,536.41.
- On Monday, March 2nd, Jacob Dewitte sold 60,001 shares of Oklo stock. The shares were sold at an average price of $62.60, for a total transaction of $3,756,062.60.
- On Monday, February 2nd, Jacob Dewitte sold 140,000 shares of Oklo stock. The shares were sold at an average price of $75.18, for a total transaction of $10,525,200.00.
- On Monday, February 2nd, Jacob Dewitte sold 60,000 shares of Oklo stock. The stock was sold at an average price of $74.45, for a total transaction of $4,467,000.00.
- On Friday, January 9th, Jacob Dewitte sold 64,888 shares of Oklo stock. The shares were sold at an average price of $112.03, for a total transaction of $7,269,402.64.
- On Friday, January 9th, Jacob Dewitte sold 26,740 shares of Oklo stock. The stock was sold at an average price of $111.38, for a total value of $2,978,301.20.
- On Thursday, January 8th, Jacob Dewitte sold 3,455 shares of Oklo stock. The stock was sold at an average price of $100.01, for a total value of $345,534.55.
- On Thursday, January 8th, Jacob Dewitte sold 1,255 shares of Oklo stock. The shares were sold at an average price of $100.00, for a total value of $125,500.00.
- On Wednesday, January 7th, Jacob Dewitte sold 231,657 shares of Oklo stock. The stock was sold at an average price of $99.25, for a total transaction of $22,991,957.25.
Oklo Trading Up 2.4%
Shares of Oklo stock traded up $1.40 during midday trading on Monday, reaching $59.77. The company had a trading volume of 6,282,413 shares, compared to its average volume of 10,548,668. The company has a market capitalization of $9.34 billion, a price-to-earnings ratio of -110.68 and a beta of 0.80. The stock has a fifty day simple moving average of $76.36 and a 200 day simple moving average of $95.49. Oklo Inc. has a 1-year low of $17.42 and a 1-year high of $193.84.
Hedge Funds Weigh In On Oklo
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. UBS Group reissued a “neutral” rating on shares of Oklo in a research note on Monday, January 12th. Needham & Company LLC reiterated a “buy” rating on shares of Oklo in a report on Friday, January 9th. Zacks Research lowered Oklo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $106.00 price target on shares of Oklo in a research note on Friday, January 9th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Oklo in a research note on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $98.93.
View Our Latest Report on OKLO
Oklo News Roundup
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Analysts and media previews flag Q4 as a near-term catalyst — multiple previews and “how to play” pieces suggest upside potential if Oklo delivers favorable results or guidance ahead of the company’s earnings release. Oklo Q4 earnings on deck: What to expect Here’s How to Play OKLO Stock Before Q4 Earnings Release
- Positive Sentiment: Bullish commentary and stock-pick articles (including a prediction of outperformance) are drawing investor attention to Oklo as a potentially high-reward nuclear growth name ahead of key approvals and project milestones. Prediction: This $60 Nuclear Stock Will Outperform
- Neutral Sentiment: Broader market tailwinds (U.S. futures up on cooler oil) could be providing a modest lift to risk assets, including Oklo, ahead of earnings. U.S. Stock Futures in Green on Cooler Oil Prices
- Neutral Sentiment: Comparisons with peers (e.g., Centrus) highlight execution and fuel-supply differences; these analyses underscore both upside if Oklo clears regulatory hurdles and downside risks if supply/approval bottlenecks persist. Better Nuclear Energy Stock: Oklo vs. Centrus Energy
- Negative Sentiment: Insider selling — CEO Jacob Dewitte sold shares on March 13 (reported filings show multiple dispositions totaling large block(s) at ~$60 avg); such sales can concern investors about insider conviction and add selling pressure. SEC Form 4 (CEO)
- Negative Sentiment: CFO Richard Craig Bealmear sold ~72,090 shares on March 13, a ~15.7% reduction in his stake per the filing — additional insider sales from senior finance leadership can amplify investor wariness. SEC Form 4 (CFO)
- Negative Sentiment: Recent analysis notes that OKLO shares have slumped significantly from last year’s highs, reflecting elevated volatility and valuation compression; this suggests downside remains if upcoming results disappoint. Oklo stock price analysis ahead of earnings
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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