Oklo (NYSE:OKLO) General Counsel Vivek Narayanadas Sells 538 Shares of Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 538 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $39.88, for a total transaction of $21,455.44. Following the sale, the general counsel directly owned 8,075 shares in the company, valued at approximately $322,031. This represents a 6.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The stock was 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 transaction of $129,809.28.

Oklo Price Performance

NYSE OKLO opened at $43.23 on Wednesday. The company has a market cap of $8.04 billion, a price-to-earnings ratio of -45.99 and a beta of 1.18. The stock’s fifty day moving average price is $43.74 and its 200 day moving average price is $55.07. Oklo Inc. has a 1 year low of $36.61 and a 1 year high of $193.84.

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

Institutional Trading of Oklo

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sei Investments Co. raised its position in Oklo by 344.6% during the first quarter. Sei Investments Co. now owns 50,096 shares of the company’s stock worth $2,484,000 after acquiring an additional 38,829 shares during the period. DNB Asset Management AS grew its position in shares of Oklo by 151.7% in the fourth quarter. DNB Asset Management AS now owns 28,625 shares of the company’s stock valued at $2,054,000 after purchasing an additional 17,253 shares during the period. Bank of America Corp DE increased its stake in shares of Oklo by 55.3% during the first quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock worth $30,760,000 after purchasing an additional 220,976 shares in the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of Oklo during the fourth quarter worth about $2,555,000. Finally, Intech Investment Management LLC raised its position in shares of Oklo by 82.8% during the 4th quarter. Intech Investment Management LLC now owns 46,717 shares of the company’s stock worth $3,352,000 after purchasing an additional 21,157 shares during the last quarter. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Nuclear-sector rebound: Small modular reactor stocks, including Oklo, rallied as the nuclear complex recovered and the Global X Uranium ETF gained. Investors are questioning whether the recent selloff has been exhausted, although Oklo remains well below its 52-week high. NuScale Power Spikes 13%, Oklo Climbs 7%: Is the Nuclear Selloff Finally Exhausted?
• Positive Sentiment: AI power-demand narrative: Commentary highlighted Oklo and other advanced nuclear developers as potential beneficiaries of hyperscalers seeking reliable, carbon-free baseload power amid limited new U.S. grid capacity. This supports the long-term growth case, though it is not a new contract or revenue announcement. 3 Small Nuclear Stocks Wall Street Has Not Fully Priced for the AI Power Shortage Yet
• Positive Sentiment: Fuel-cycle opportunity: Futurum Equities strategist Shay Boloor argued that Oklo’s larger opportunity may extend beyond reactor deployment into the nuclear fuel cycle, adding to investor interest in the company’s longer-term strategy. OKLO Stock Rises Premarket: Here’s Why This Strategist Sees A Bigger Opportunity
• Neutral Sentiment: Insider sale: General Counsel Vivek Narayanadas sold 538 shares for approximately $21,455. The transaction occurred under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards, reducing its negative signal. SEC Form 4 filing
• Negative Sentiment: Execution risk remains: Oklo has limited meaningful revenue, remains unprofitable, and its investment case depends heavily on future reactor development, licensing, financing and customer adoption. The sector rally could therefore represent a temporary bounce rather than a confirmed trend reversal. Is Oklo at $41 a Bargain or a Trap? Here’s the Answer?

Analysts Set New Price Targets

OKLO has been the topic of a number of recent research reports. Barclays dropped their target price on Oklo from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research note on Wednesday, May 13th. Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a report on Friday, May 22nd. Finally, Guggenheim started coverage on shares of Oklo in a research report on Thursday, June 25th. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Oklo presently has a consensus rating of “Moderate Buy” and an average price target of $83.26.

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.