Insider Selling: Oklo (NYSE:OKLO) CEO Sells 72,960 Shares of Stock

Oklo Inc. (NYSE:OKLOGet 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

Several hedge funds and other institutional investors have recently made changes to their positions in OKLO. NBC Securities Inc. lifted its stake in Oklo by 75.0% in the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Oklo by 356.3% in the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock valued at $26,000 after buying an additional 285 shares during the last quarter. Armstrong Advisory Group Inc. bought a new stake in Oklo in the 3rd quarter valued at $27,000. Elevation Point Wealth Partners LLC bought a new position in Oklo during the second quarter worth $28,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Oklo during the 3rd quarter worth about $28,000. 85.03% of the stock is owned by institutional investors.

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

(Get Free Report)

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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Insider Buying and Selling by Quarter for Oklo (NYSE:OKLO)

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