William Carroll Murphy Goodwin Sells 5,864 Shares of Oklo (NYSE:OKLO) Stock

Oklo Inc. (NYSE:OKLO) insider William Carroll Murphy Goodwin sold 5,864 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $88.42, for a total value of $518,494.88. Following the completion of the sale, the insider owned 13,620 shares of the company’s stock, valued at approximately $1,204,280.40. The trade was a 30.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

William Carroll Murphy Goodwin also recently made the following trade(s):

• On Wednesday, November 19th, William Carroll Murphy Goodwin sold 11,936 shares of Oklo stock. The stock was sold at an average price of $101.84, for a total value of $1,215,562.24.
• On Friday, September 5th, William Carroll Murphy Goodwin sold 41,387 shares of Oklo stock. The stock was sold at an average price of $70.09, for a total value of $2,900,814.83.

Oklo Price Performance

Shares of OKLO traded up $4.37 during mid-day trading on Tuesday, reaching $91.73. The stock had a trading volume of 10,898,632 shares, compared to its average volume of 18,336,580. Oklo Inc. has a 52-week low of $17.14 and a 52-week high of $193.84. The firm has a market cap of $14.33 billion, a price-to-earnings ratio of -169.88 and a beta of 0.73. The business’s fifty day moving average is $122.13 and its 200 day moving average is $86.05.

Oklo (NYSE:OKLO) last posted its earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same quarter in the prior year, the business posted ($0.08) EPS. As a group, sell-side analysts anticipate that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on OKLO. Wedbush reiterated an “outperform” rating and issued a $150.00 price objective on shares of Oklo in a research report on Wednesday, November 12th. William Blair reiterated an “outperform” rating on shares of Oklo in a report on Wednesday, November 12th. Seaport Res Ptn lowered shares of Oklo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. B. Riley increased their target price on shares of Oklo from $58.00 to $129.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Finally, Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $106.29.

Institutional Trading of Oklo

Several hedge funds have recently made changes to their positions in the business. Caldwell Sutter Capital Inc. purchased a new stake in Oklo during the 2nd quarter worth approximately $25,000. Private Trust Co. NA purchased a new position in Oklo in the 2nd quarter valued at approximately $25,000. Fourth Dimension Wealth LLC grew its stake in shares of Oklo by 125.0% in the second quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company’s stock worth $25,000 after acquiring an additional 250 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new position in shares of Oklo in the third quarter worth $27,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Oklo during the second quarter worth $28,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Company Profile

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.