Oklo (NYSE:OKLO) General Counsel Vivek Narayanadas Sells 364 Shares of Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 364 shares of the company’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $34.69, for a total value of $12,627.16. Following the sale, the general counsel owned 8,769 shares of the company’s stock, valued at approximately $304,196.61. This represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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, October 6th, Vivek Narayanadas sold 288 shares of Oklo stock. The shares were sold at an average price of $37.29, for a total value of $10,739.52.
• On Monday, October 5th, Vivek Narayanadas sold 649 shares of Oklo stock. The shares were sold at an average price of $35.93, for a total value of $23,318.57.
• On Wednesday, September 9th, Vivek Narayanadas sold 365 shares of Oklo stock. The shares were sold at an average price of $43.31, for a total value of $15,808.15.
• On Tuesday, September 8th, Vivek Narayanadas sold 238 shares of Oklo stock. The stock was sold at an average price of $42.06, for a total value of $10,010.28.
• On Friday, September 4th, Vivek Narayanadas sold 538 shares of Oklo stock. The stock was sold at an average price of $39.88, for a total value of $21,455.44.
• 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 stock was sold at an average price of $39.77, for a total transaction of $129,809.28.

Oklo Trading Down 1.2%

OKLO opened at $31.82 on Wednesday. The company’s 50 day moving average is $39.88 and its 200-day moving average is $50.84. Oklo Inc. has a 1-year low of $31.02 and a 1-year high of $193.84. The company has a market cap of $5.92 billion, a P/E ratio of -33.85 and a beta of 1.20.

Oklo (NYSE:OKLO) last announced 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 company had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. The company’s revenue was up 11900.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.18) earnings per share. On average, equities analysts forecast that Oklo Inc. will post -1.02 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on OKLO shares. Citigroup lowered their price target on shares of Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a report on Monday, August 10th. Guggenheim began coverage on Oklo in a research note on Thursday, June 25th. They issued a “neutral” rating for the company. Piper Sandler reissued an “overweight” rating on shares of Oklo in a report on Thursday, October 1st. Truist Financial set a $51.00 price objective on Oklo in a report on Monday, September 28th. Finally, UBS Group reduced their price objective on Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a research report on Friday, September 25th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $82.44.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced that it will advance its Groves 2 Forge isotope-production facility through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project builds on the Groves Isotope Test Reactor and could support the company’s expansion into medical and other high-value isotopes. Oklo to Advance Groves 2 Forge as Part of U.S. Department of Energy’s Nuclear Energy Launch Pad Selection
• Positive Sentiment: Progress on reactor milestones, critical-material procurement and laboratory capabilities is strengthening Oklo’s medical-isotope strategy, giving investors another potential growth avenue beyond electricity generation. OKLO Builds on Groves Progress to Expand Isotope Business
• Neutral Sentiment: Oklo’s planned 20-year power-purchase agreements with Meta remain a potentially important commercial catalyst, but investors are weighing those future opportunities against the company’s early-stage development and execution risks. Oklo Dropped, So What Is Driving Attention Now?
• Negative Sentiment: The stock has fallen roughly 84% from its high and its market value has dropped below $6 billion. The new 52-week low reflects investor concerns that Oklo’s ambitious nuclear and isotope projects may take substantial time and capital to commercialize. Oklo Stock Hits a New 52-Week Low: Time to Buy?
• Negative Sentiment: Oklo is also being affected by weakness across nuclear stocks, as investors have recently reduced exposure to the sector after an earlier rally. This broader risk-off move has added selling pressure independent of Oklo-specific news. Nuclear Names Give Back a Month of Ground
• Negative Sentiment: General Counsel Vivek Narayanadas sold 364 shares under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards. The small, planned transaction is not a strong signal of deteriorating insider confidence, but it adds modestly to the negative headline flow. Oklo Insider Trading Activity

Hedge Funds Weigh In On Oklo

Several large investors have recently modified their holdings of the business. SHP Wealth Management bought a new stake in Oklo during the fourth quarter valued at $32,000. Costello Asset Management INC grew its holdings in Oklo by 66.7% during the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the period. Ascentis Independent Advisors bought a new position in shares of Oklo in the 1st quarter worth about $33,000. Strategic Investment Solutions Inc. IL raised its position in shares of Oklo by 45.5% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $107,000 after acquiring an additional 465 shares in the last quarter. Finally, MCF Advisors LLC raised its position in shares of Oklo by 201.0% in the 2nd quarter. MCF Advisors LLC now owns 1,559 shares of the company’s stock worth $82,000 after acquiring an additional 1,041 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

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.