Oklo (NYSE:OKLO) Stock: Insider Alexandra Renner Sells 688 Shares

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 688 shares of the firm’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $30.75, for a total value of $21,156.00. Following the transaction, the insider owned 478,428 shares in the company, valued at $14,711,661. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alexandra Renner also recently made the following trade(s):

• On Monday, September 28th, Alexandra Renner sold 1,100 shares of Oklo stock. The stock was sold at an average price of $37.39, for a total transaction of $41,129.00.
• On Tuesday, September 1st, Alexandra Renner sold 1,930 shares of Oklo stock. The shares were sold at an average price of $38.40, for a total transaction of $74,112.00.
• On Monday, August 24th, Alexandra Renner sold 557 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total transaction of $22,151.89.

Oklo Stock Up 3.6%

Shares of NYSE:OKLO traded up $1.06 on Thursday, reaching $30.10. 10,960,499 shares of the company’s stock were exchanged, compared to its average volume of 11,195,569. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of -32.02 and a beta of 1.20. Oklo Inc. has a fifty-two week low of $27.52 and a fifty-two week high of $176.35. The business’s 50-day moving average is $39.60 and its two-hundred day moving average is $50.68.

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 analysts’ consensus estimates of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. During the same quarter in the prior year, the firm posted ($0.18) EPS. The business’s revenue was up 11900.0% on a year-over-year basis. Analysts predict that Oklo Inc. will post -1.02 earnings per share for the current fiscal year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The U.S. Department of Energy selected Oklo to advance its Groves 2 Forge isotope-production facility under the Nuclear Energy Launch Pad initiative. The project could expand Oklo beyond electricity generation into medical isotopes used in cancer treatment and other high-value markets. Oklo Advances Isotope Production Facility Under DOE Nuclear Initiative
• Positive Sentiment: Google’s long-term commitment to purchase power from new Constellation Energy reactors highlights renewed corporate interest in reliable nuclear power. The broader demand trend could eventually benefit advanced-reactor developers such as Oklo, although it does not represent a direct Oklo contract. Google Signed a Deal for Existing Reactors
• Neutral Sentiment: Oklo’s planned long-term power agreements with major customers, including Meta, remain potential catalysts. However, the company is still in an early development phase, so revenue generation and project execution remain uncertain.
• Negative Sentiment: Oklo launched another $1 billion stock sale at a substantially lower share price than its prior financing round. The offering provides capital for development but increases the share count and adds to the dilution already absorbed by investors since the company went public. Oklo Launched Another $1 Billion Stock Sale
• Negative Sentiment: Rising 10-year Treasury yields are pressuring nuclear and other long-duration growth stocks because higher discount rates reduce the present value of expected future cash flows. Oklo and peer NuScale have been especially vulnerable after their earlier speculative rally. Nuclear Stocks Under Pressure as Treasury Yields Rise
• Negative Sentiment: The stock has fallen roughly 84% from its 52-week high and is trading well below its 50-day and 200-day moving averages. The decline reflects concerns about commercialization timelines, ongoing losses and the funding needed to build its reactor and isotope businesses. Oklo Stock Hits a New 52-Week Low
• Negative Sentiment: General Counsel Vivek Narayanadas sold a small number of shares under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards. The transaction is not strong evidence of weakening insider confidence, but it adds modestly to negative sentiment. Oklo Insider Trading Activity

Analyst Ratings Changes

A number of equities analysts have commented on OKLO shares. Piper Sandler restated an “overweight” rating on shares of Oklo in a research note on Thursday, October 1st. Barclays dropped their price target on Oklo from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Guggenheim started coverage on Oklo in a research report on Thursday, June 25th. They set a “neutral” rating on the stock. HC Wainwright reissued a “buy” rating and issued a $90.00 price target on shares of Oklo in a report on Monday, August 10th. Finally, Citigroup reduced their price objective on Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a research report on Monday, August 10th. One 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 assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $82.44.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently modified their holdings of OKLO. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Oklo in the 3rd quarter worth about $238,000. Accel Wealth Management bought a new stake in Oklo in the 3rd quarter valued at about $224,000. Thor Investment Management Inc. OH ADV bought a new stake in Oklo in the 3rd quarter valued at about $381,000. GK Wealth Management LLC acquired a new position in Oklo during the 3rd quarter valued at about $69,000. Finally, Polaris Financial Partners acquired a new position in Oklo during the 3rd quarter valued at about $93,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

About Oklo

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.