Oklo (NYSE:OKLO) General Counsel Vivek Narayanadas Sells 238 Shares of Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 238 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $42.06, for a total value of $10,010.28. Following the sale, the general counsel owned 8,524 shares of the company’s stock, valued at $358,519.44. This represents a 2.72% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Friday, September 4th, Vivek Narayanadas sold 538 shares of Oklo stock. The stock was sold at an average price of $39.88, for a total value 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 value of $129,809.28.

Oklo Stock Performance

NYSE OKLO opened at $42.60 on Thursday. Oklo Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $193.84. The stock has a 50 day simple moving average of $43.54 and a two-hundred day simple moving average of $54.89. The stock has a market cap of $7.92 billion, a P/E ratio of -45.32 and a beta of 1.18.

Oklo (NYSE:OKLO) last posted its 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 firm had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. The business’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) earnings per share. Sell-side analysts predict that Oklo Inc. will post -0.9 earnings per share for the current year.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Nuclear-sector rebound: Small modular reactor stocks recently rallied as investors rotated back into nuclear-energy names and the Global X Uranium ETF advanced. The move suggests sector sentiment may be stabilizing, although Oklo remains far below its 52-week high. NuScale Power Spikes 13%, Oklo Climbs 7%
• Positive Sentiment: AI-related electricity demand: Commentary identified Oklo as a potential beneficiary of hyperscalers’ search for reliable, carbon-free power as U.S. grid capacity remains constrained. This supports the long-term opportunity but does not represent a new contract or near-term revenue. Small Nuclear Stocks and AI Power Demand
• Positive Sentiment: Fuel-cycle expansion potential: Futurum Equities strategist Shay Boloor said Oklo’s opportunity could extend beyond reactor deployment into the nuclear fuel cycle, giving investors an additional potential growth avenue. OKLO Stock and the Fuel-Cycle Opportunity
• Neutral Sentiment: Insider stock sale: General Counsel Vivek Narayanadas sold 238 shares for about $10,010 after an earlier sale of 538 shares for approximately $21,455. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, limiting their bearish significance. SEC Form 4 Filing
• Negative Sentiment: Valuation and execution concerns: Oklo has not yet deployed a commercial reactor, has limited revenue, and remains unprofitable. Analysts and commentators therefore find the stock difficult to value, while comparisons with NuScale and other nuclear companies have led some investors to favor alternatives. Oklo Trades at $43; Wall Street’s Average Target
• Negative Sentiment: Recent earnings miss: Oklo’s latest quarterly loss of $0.28 per share was wider than the $0.16 consensus estimate, reinforcing concerns about financing, licensing and the timeline for commercial operations. Wall Street’s average target remains well above the current level, but the wide gap reflects substantial execution risk.

Hedge Funds Weigh In On Oklo

Institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System grew its holdings in Oklo by 6,518.7% during the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock valued at $454,377,000 after purchasing an additional 8,551,720 shares during the period. State Street Corp lifted its position in shares of Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares in the last quarter. Norges Bank purchased a new position in shares of Oklo during the 4th quarter valued at about $73,786,000. Millennium Management LLC grew its stake in shares of Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after acquiring an additional 570,532 shares during the period. Finally, Van ECK Associates Corp increased its holdings in Oklo by 13.9% in the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after acquiring an additional 481,288 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Canaccord Genuity Group decreased their price target on shares of Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, August 10th. Truist Financial cut their price objective on Oklo from $55.00 to $51.00 and set a “hold” rating on the stock in a research report on Monday, August 10th. UBS Group reduced their target price on Oklo from $60.00 to $55.00 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Wedbush restated an “outperform” rating and issued a $110.00 target price on shares of Oklo in a research note on Tuesday, May 26th. Finally, Bank of America assumed coverage on Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Oklo presently has a consensus rating of “Moderate Buy” and an average price target of $83.26.

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.