Oklo Inc. (NYSE:OKLO – Get Free Report) insider William Carroll Murphy Goodwin sold 1,775 shares of the stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $37.39, for a total transaction of $66,367.25. Following the sale, the insider directly owned 46,787 shares in the company, valued at $1,749,365.93. This trade represents a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
William Carroll Murphy Goodwin also recently made the following trade(s):
- On Monday, August 24th, William Carroll Murphy Goodwin sold 11,592 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total transaction of $461,013.84.
Oklo Price Performance
OKLO stock opened at $36.15 on Friday. The company has a 50 day moving average price of $40.74 and a 200 day moving average price of $52.05. Oklo Inc. has a fifty-two week low of $34.38 and a fifty-two week high of $193.84. The stock has a market capitalization of $6.72 billion, a PE ratio of -38.46 and a beta of 1.20.
Hedge Funds Weigh In On Oklo
Several hedge funds have recently added to or reduced their stakes in OKLO. Van ECK Associates Corp increased its stake in shares of Oklo by 13.9% in the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after acquiring an additional 481,288 shares during the last quarter. Geode Capital Management LLC boosted its stake in Oklo by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock worth $201,671,000 after acquiring an additional 185,265 shares during the last quarter. Norges Bank acquired a new position in Oklo during the fourth quarter valued at approximately $73,786,000. Clear Street Group Inc. grew its holdings in Oklo by 110.5% during the fourth quarter. Clear Street Group Inc. now owns 842,172 shares of the company’s stock valued at $60,434,000 after purchasing an additional 442,172 shares during the period. Finally, Bank of America Corp DE increased its stake in Oklo by 55.3% in the first quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock valued at $30,760,000 after purchasing an additional 220,976 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.
Key Headlines Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo’s proposed Oak Ridge fuel-recycling project could expand the company beyond selling electricity from its Aurora reactors. Converting spent nuclear fuel into reusable reactor material may create a new commercial opportunity, improve fuel efficiency and support a broader scalable business if the technology and regulatory approvals are achieved. Can OKLO Turn Used Nuclear Fuel Into a Scalable Business?
- Positive Sentiment: Broader investor interest in nuclear power remains a supportive backdrop as data-center electricity demand and grid constraints drive interest in long-term nuclear contracts. Oklo is viewed as a speculative way to participate in that trend, although commercial deployment remains ahead. 3 Nuclear Power Stocks Worth Owning as the AI Power Crunch Builds
- Neutral Sentiment: Analyst sentiment remains mixed but leans positive, with Oklo receiving a “Moderate Buy” consensus. However, comparisons with newly public X-Energy and Nano Nuclear highlight that Oklo competes in a group characterized by heavy cash consumption, unproven technology and uncertain commercialization timelines. Oklo Stock Rated Moderate Buy
- Negative Sentiment: Investors are focused on a reported 26% increase in Oklo’s share count, which raises dilution concerns and reduces each existing shareholder’s ownership percentage. The company is also unprofitable and recently missed the quarterly EPS consensus estimate, increasing sensitivity to financing and valuation risks. Why Investors Need to Look at Oklo’s 26% Share Count Jump
- Negative Sentiment: Several insiders, including John Hanson, Alexandra Renner and William Carroll Murphy Goodwin, sold small amounts of stock to cover tax withholding from vested equity awards. The transactions were modest, but they add to near-term selling pressure and investor scrutiny. Oklo Insider Stock Sale
Analyst Upgrades and Downgrades
OKLO has been the topic of a number of research reports. Canaccord Genuity Group cut their target price on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Barclays lowered their price target on shares of Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. UBS Group cut their price objective on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday, September 25th. Finally, Citigroup reduced their price objective on shares of Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research note on Monday, August 10th. One equities research 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 company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $82.44.
Check Out Our Latest Stock Analysis on Oklo
Oklo Company Profile
Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.
The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.
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