Oklo (NYSE:OKLO) Insider John Hanson Sells 539 Shares of Stock

Oklo Inc. (NYSE:OKLO) insider John Hanson sold 539 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $39.77, for a total transaction of $21,436.03. Following the completion of the transaction, the insider directly owned 359,430 shares in the company, valued at $14,294,531.10. The trade was a 0.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oklo Stock Up 11.4%

Shares of OKLO traded up $4.54 during trading on Tuesday, reaching $44.23. 13,848,404 shares of the company traded hands, compared to its average volume of 11,377,922. Oklo Inc. has a twelve month low of $36.61 and a twelve month high of $193.84. The stock has a market cap of $8.23 billion, a PE ratio of -47.05 and a beta of 1.17. The stock has a 50-day simple moving average of $46.98 and a 200-day simple moving average of $57.11.

Oklo (NYSE:OKLO) last released its quarterly 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 firm had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. During the same quarter last year, the business earned ($0.18) earnings per share. The business’s revenue for the quarter 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.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Escalating U.S.-Canada trade tensions helped accelerate buying across uranium miners and advanced nuclear developers, benefiting Oklo as part of the broader nuclear-energy trade. Oklo Stock Surges Tuesday on Escalating US-Canada Trade Tensions
• Positive Sentiment: Nuclear stocks rebounded in an oversold move while the broader market was relatively subdued, providing a technical and sentiment-related lift to OKLO. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: Investor interest remains focused on Oklo’s potential to supply reliable power to data centers and AI companies. A speculative thesis suggests SpaceX could eventually become a major customer, though no such contract was announced. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Positive Sentiment: Recent coverage highlighted Oklo’s first revenue, reactor-development progress and plans to extract energy from used U.S. nuclear fuel, reinforcing the company’s long-term growth narrative. Oklo’s CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia’s Oil Reserves
• Neutral Sentiment: Analysts and commentators remain divided: some see substantial upside from reactor milestones and nuclear demand, while others warn that the sector could leave weaker small modular reactor companies behind. Oklo: The Nuclear Renaissance Could Leave A Trail Of Busted SMR Companies
• Negative Sentiment: Valuation and execution concerns continue to weigh on the story. Recent analyst target reductions, substantial insider selling and Oklo’s quarterly earnings miss underscore risks while the company remains unprofitable and commercial power revenue is expected years away. Oklo Slides as Investors Digest Recent Analyst Cuts and Insider Sale Filing

Wall Street Analyst Weigh In

OKLO has been the topic of a number of research reports. Tigress Financial began coverage on Oklo in a research note on Monday, April 27th. They set a “buy” rating and a $130.00 price target on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $90.00 target price on shares of Oklo in a research report on Monday, August 10th. Canaccord Genuity Group cut their price target on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Guggenheim began coverage on shares of Oklo in a research report on Thursday, June 25th. They set a “neutral” rating on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and an average price target of $85.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. NBC Securities Inc. grew its stake in Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Costello Asset Management INC raised its position in Oklo by 66.7% in the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Gilpin Wealth Management LLC acquired a new stake in Oklo in the 4th quarter valued at about $29,000. SHP Wealth Management acquired a new stake in Oklo in the 4th quarter valued at about $32,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Oklo in the 1st quarter valued at about $33,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

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.