Insider Selling: Oklo (NYSE:OKLO) Insider Sells $41,129.00 in Stock

Oklo Inc. (NYSE:OKLO) insider John Hanson sold 1,100 shares of the firm’s 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 $41,129.00. Following the completion of the transaction, the insider owned 361,350 shares of the company’s stock, valued at approximately $13,510,876.50. This trade represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Hanson also recently made the following trade(s):

• On Monday, August 24th, John Hanson sold 539 shares of Oklo stock. The stock was sold at an average price of $39.77, for a total transaction of $21,436.03.

Oklo Price Performance

OKLO opened at $36.15 on Friday. Oklo Inc. has a fifty-two week low of $34.38 and a fifty-two week high of $193.84. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of -38.46 and a beta of 1.20. The company’s 50 day moving average price is $40.74 and its two-hundred day moving average price is $52.05.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to analysts’ expectations of $0.09 million. The business’s revenue was up 11900.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.18) earnings per share. As a group, equities research analysts predict that Oklo Inc. will post -0.99 EPS for the current year.

Institutional Trading of Oklo

Institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp boosted its position in Oklo by 13.9% during the fourth 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 raised its position in shares of Oklo by 7.0% in 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 in the last quarter. Norges Bank acquired a new position in shares of Oklo in the 4th quarter valued at about $73,786,000. Clear Street Group Inc. lifted its stake in shares of Oklo by 110.5% in the 4th 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 boosted its position in shares of Oklo by 55.3% during the 1st 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 own 85.03% of the company’s stock.

More Oklo News

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 Ratings Changes

OKLO has been the subject of several analyst reports. Canaccord Genuity Group lowered their target price on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Citigroup reduced their price target on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. Truist Financial set a $51.00 price objective on Oklo in a research note on Monday. Finally, Barclays reduced their target price on Oklo from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.44.

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.