Insider Selling: Oklo (NYSE:OKLO) General Counsel Sells $65,179.17 in Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 2,359 shares of the business’s stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of $27.63, for a total value of $65,179.17. Following the completion of the sale, the general counsel owned 15,810 shares of the company’s stock, valued at $436,830.30. The trade was a 12.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Vivek Narayanadas also recently made the following trade(s):

• On Tuesday, October 20th, Vivek Narayanadas sold 1,021 shares of Oklo stock. The shares were sold at an average price of $26.50, for a total transaction of $27,056.50.
• On Friday, October 9th, Vivek Narayanadas sold 364 shares of Oklo stock. The shares were sold at an average price of $34.69, for a total transaction of $12,627.16.
• On Tuesday, October 6th, Vivek Narayanadas sold 288 shares of Oklo stock. The stock was sold at an average price of $37.29, for a total transaction of $10,739.52.
• On Monday, October 5th, Vivek Narayanadas sold 649 shares of Oklo stock. The stock was sold at an average price of $35.93, for a total transaction of $23,318.57.
• On Wednesday, September 9th, Vivek Narayanadas sold 365 shares of Oklo stock. The stock was sold at an average price of $43.31, for a total transaction of $15,808.15.
• On Tuesday, September 8th, Vivek Narayanadas sold 238 shares of Oklo stock. The stock was sold at an average price of $42.06, for a total transaction of $10,010.28.
• On Friday, September 4th, Vivek Narayanadas sold 538 shares of Oklo stock. The shares were sold at an average price of $39.88, for a total transaction of $21,455.44.
• On Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The shares were sold at an average price of $40.80, for a total transaction of $9,098.40.
• On Monday, August 24th, Vivek Narayanadas sold 3,264 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total transaction of $129,809.28.

Oklo Stock Performance

OKLO stock opened at $26.89 on Friday. The firm has a market cap of $5.00 billion, a P/E ratio of -28.61 and a beta of 1.20. The firm’s fifty day moving average is $37.47 and its 200 day moving average is $49.82. Oklo Inc. has a 52 week low of $26.31 and a 52 week high of $152.06.

Oklo (NYSE:OKLO) last posted its quarterly 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 analyst estimates of $0.09 million. During the same period last year, the firm posted ($0.18) EPS. The firm’s revenue for the quarter was up 11900.0% on a year-over-year basis. As a group, analysts forecast that Oklo Inc. will post -1.00 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in Oklo by 55.3% in the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock worth $30,760,000 after buying an additional 220,976 shares during the period. Bank of New York Mellon Corp grew its position in shares of Oklo by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 516,886 shares of the company’s stock worth $25,632,000 after buying an additional 5,945 shares during the last quarter. Swiss National Bank grew its position in shares of Oklo by 7.1% in the 1st quarter. Swiss National Bank now owns 324,900 shares of the company’s stock worth $16,112,000 after buying an additional 21,400 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Oklo by 427.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 171,128 shares of the company’s stock valued at $12,280,000 after buying an additional 138,659 shares during the period. Finally, Amundi raised its holdings in shares of Oklo by 59.0% during the first quarter. Amundi now owns 164,824 shares of the company’s stock valued at $8,174,000 after acquiring an additional 61,161 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on OKLO. Canaccord Genuity Group dropped their target price on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Guggenheim began coverage on Oklo in a research report on Thursday, June 25th. They set a “neutral” rating on the stock. Citigroup decreased their price target on Oklo from $57.50 to $33.00 and set a “neutral” rating on the stock in a research note on Wednesday. Truist Financial lowered their price objective on Oklo from $51.00 to $31.00 and set a “hold” rating for the company in a research report on Thursday. Finally, HC Wainwright reissued a “buy” rating and set a $90.00 price objective on shares of Oklo in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.47.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: ARK Investment Management purchased Oklo shares for approximately $3.42 million across several exchange-traded funds. The buying provides a vote of confidence from a prominent growth-oriented investor, although it may have limited impact relative to broader analyst concerns. ARK Invest adds nuclear stocks
• Positive Sentiment: Oklo is advancing its Groves 2 Forge isotope-production facility through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project could expand Oklo’s opportunity into medical isotopes and strengthen its relationship with federal nuclear programs, though it is unlikely to generate meaningful near-term revenue. Oklo Groves 2 Forge DOE role
• Neutral Sentiment: Oklo’s customer pipeline reportedly spans multiple gigawatts, and its regulatory path has cleared important hurdles. However, the company still faces major milestones involving licensing, construction and financing before those prospects translate into operating revenue. Oklo advanced nuclear opportunity
• Neutral Sentiment: General Counsel Vivek Narayanadas sold 1,021 shares valued at approximately $27,057 under a pre-arranged Rule 10b5-1 trading plan. The scheduled transaction followed an earlier tax-related sale and reduces its importance as a discretionary insider-confidence signal. SEC Form 4 filing
• Negative Sentiment: Truist cut its Oklo price target from $51 to $31 and retained a Hold rating ahead of third-quarter earnings. Truist became the fourth firm in four days to reduce its target, following similar moves by Piper Sandler, Barclays and Citigroup. The revisions signal declining confidence in Oklo’s valuation and near-term execution. Truist cuts Oklo price target
• Negative Sentiment: Oklo remains unprofitable, and its latest quarterly loss exceeded analyst expectations despite sharply higher revenue. With earnings dependent on future reactor projects, investors remain sensitive to execution risk and the possibility of additional estimate or valuation cuts.

Oklo Company Profile

Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.

The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.