Vivek Narayanadas Sells 3,264 Shares of Oklo (NYSE:OKLO) Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 3,264 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $39.77, for a total value of $129,809.28. Following the completion of the sale, the general counsel directly owned 7,822 shares in the company, valued at $311,080.94. The trade was a 29.44% 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 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.

Oklo Price Performance

Shares of NYSE:OKLO opened at $41.49 on Thursday. The stock’s 50-day moving average is $46.36 and its 200 day moving average is $56.80. The company has a market cap of $7.72 billion, a PE ratio of -44.14 and a beta of 1.17. Oklo Inc. has a 1 year low of $36.61 and a 1 year high of $193.84.

Oklo (NYSE:OKLO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. During the same period in the prior year, the business posted ($0.18) EPS. The business’s revenue for the quarter was up 11900.0% on a year-over-year basis. Analysts expect that Oklo Inc. will post -0.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

OKLO has been the subject of several research reports. Wolfe Research initiated coverage on shares of Oklo in a report on Tuesday, May 19th. They issued a “peer perform” rating for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $122.00 price target on shares of Oklo in a research report on Wednesday, May 13th. Bank of America assumed coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target for the company. Canaccord Genuity Group lowered their price objective on shares of Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. Finally, Citigroup cut their price objective on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $85.03.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Investor interest remains supported by Oklo’s Aurora advanced reactor. The company is applying safety lessons from the EBR-II reactor, pursuing recycled-fuel capabilities and targeting operations in late 2027 or early 2028, although substantial execution work remains. OKLO’s Aurora Reactor: New Design, Proven Nuclear Principles
• Positive Sentiment: Longer-term enthusiasm centers on rising electricity demand from artificial-intelligence companies and data centers. Investors view Oklo’s planned microreactors as a potential source of reliable, dedicated power for customers such as AI infrastructure operators, including speculative interest around SpaceX. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
• Neutral Sentiment: Oklo’s CEO says the large inventory of used nuclear fuel in the United States could become a valuable energy resource, supporting the company’s fuel-recycling strategy. The opportunity is significant but depends on regulatory approval, technology development and successful execution. Oklo’s CEO on Used Nuclear Fuel
• Neutral Sentiment: Multiple insiders sold shares at $39.77 to cover tax withholding tied to vested equity awards; some transactions were made under pre-arranged Rule 10b5-1 plans. The sales may weigh on sentiment, but they do not necessarily indicate a bearish outlook. Oklo SEC Insider Filing
• Negative Sentiment: The immediate catalyst is sector-wide selling: NuScale Power and other nuclear-related shares also weakened, reversing part of Tuesday’s broad, oversold rebound. Renewed U.S.-Canada trade tensions and uranium-market positioning have made the group especially volatile. Nuclear Stocks Sell Off
• Negative Sentiment: Technical indicators continue to signal caution, with the stock trading below its 50-day and 200-day moving averages. Oklo also remains pre-revenue at scale, loss-making and dependent on future reactor commercialization, leaving its valuation sensitive to delays and analyst target reductions. OKLO Technical Indicators

Institutional Investors Weigh In On Oklo

A number of institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its holdings in Oklo by 6,518.7% in the 2nd quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock worth $454,377,000 after buying an additional 8,551,720 shares during the period. State Street Corp raised its holdings in Oklo by 454.5% during the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after acquiring an additional 1,752,946 shares during the period. Norges Bank purchased a new position in shares of Oklo in the fourth quarter valued at about $73,786,000. Millennium Management LLC lifted its position in shares of Oklo by 4,974.1% in the first 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 in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Oklo by 13.9% in the fourth 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 during the period. 85.03% of the stock is owned by hedge funds and other institutional investors.

About Oklo

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.