Oklo (NYSE:OKLO) Stock Price Up 4.8% – Here’s What Happened

Oklo Inc. (NYSE:OKLO)’s stock price traded up 4.8% during mid-day trading on Tuesday . The company traded as high as $44.78 and last traded at $43.2310. Approximately 13,869,012 shares changed hands during trading, an increase of 23% from the average daily volume of 11,292,867 shares. The stock had previously closed at $41.27.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Small modular reactor stocks rallied as investors focused on rising electricity demand from artificial-intelligence data centers and the need for reliable, carbon-free baseload power. Oklo was part of a broader nuclear-sector advance, alongside gains in NuScale Power and the Global X Uranium ETF. NuScale Power Spikes 13%, Oklo Climbs 7%: Is the Nuclear Selloff Finally Exhausted?
• Positive Sentiment: Market strategist Shay Boloor said Oklo’s larger opportunity may be in developing its fuel cycle, offering a potential additional growth avenue beyond reactor deployment. The thesis could support investor interest, although it remains forward-looking. OKLO Stock Rises Premarket: Here’s Why This Strategist Sees A ‘Bigger Opportunity’
• Positive Sentiment: Investor attention is also increasing around small nuclear companies that could benefit if hyperscalers secure long-term power supplies and the United States expands nuclear capacity after years of limited new construction. 3 Small Nuclear Stocks Wall Street Has Not Fully Priced for the AI Power Shortage Yet
• Neutral Sentiment: Oklo General Counsel Vivek Narayanadas sold 538 shares for approximately $21,455 under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards. Because the sale was planned and tax-related, it provides limited evidence of a negative view; he retained 8,075 shares. SEC Form 4 filing
• Negative Sentiment: The rally remains speculative: Oklo has limited meaningful revenue, remains unprofitable, and its stock is still well below its yearly high and longer-term moving average. Analysts and commentators caution that the nuclear-sector advance could be a temporary bounce rather than a confirmed trend reversal. Is Oklo at $41 a Bargain or a Trap? Here’s the Answer?

Analyst Ratings Changes

A number of equities analysts have weighed in on OKLO shares. Barclays dropped their price target on shares of Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a research note on Friday, May 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 target on shares of Oklo in a research note on Wednesday, May 13th. Finally, Canaccord Genuity Group cut their price target on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $85.03.

Oklo Stock Up 4.8%

The company has a market capitalization of $8.04 billion, a PE ratio of -45.99 and a beta of 1.18. The company’s 50 day moving average is $43.93 and its two-hundred day moving average is $55.24.

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

Insider Transactions at Oklo

In related news, CFO Richard Bealmear sold 16,430 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $38.76, for a total transaction of $636,826.80. Following the completion of the transaction, the chief financial officer directly owned 455,976 shares of the company’s stock, valued at approximately $17,673,629.76. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexandra Renner sold 1,930 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $38.40, for a total value of $74,112.00. Following the transaction, the insider owned 475,022 shares of the company’s stock, valued at $18,240,844.80. This represents a 0.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 355,073 shares of company stock valued at $16,592,304. 12.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of OKLO. California State Teachers Retirement System grew its stake in shares of 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 in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Oklo by 13.9% in the 4th 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. State Street Corp grew its position in Oklo by 23.6% in the fourth quarter. State Street Corp now owns 3,060,220 shares of the company’s stock worth $219,601,000 after acquiring an additional 584,184 shares in the last quarter. Geode Capital Management LLC increased its stake in Oklo by 7.0% during the fourth 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Oklo by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,160,278 shares of the company’s stock worth $83,262,000 after acquiring an additional 90,213 shares during the last quarter. 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.