Oklo Inc. (NYSE:OKLO – Get Free Report) General Counsel Vivek Narayanadas sold 1,021 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $26.50, for a total transaction of $27,056.50. Following the completion of the transaction, the general counsel directly owned 10,669 shares in the company, valued at approximately $282,728.50. The trade was a 8.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vivek Narayanadas also recently made the following trade(s):
- On Monday, October 19th, Vivek Narayanadas sold 2,359 shares of Oklo stock. The shares were sold at an average price of $27.63, for a total transaction of $65,179.17.
- On Friday, October 9th, Vivek Narayanadas sold 364 shares of Oklo stock. The shares were sold at an average price of $34.69, for a total transaction of $12,627.16.
- On Tuesday, October 6th, Vivek Narayanadas sold 288 shares of Oklo stock. The stock was sold at an average price of $37.29, for a total transaction of $10,739.52.
- On Monday, October 5th, Vivek Narayanadas sold 649 shares of Oklo stock. The stock was sold at an average price of $35.93, for a total transaction 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 shares were 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 transaction of $21,455.44.
- On Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The shares were 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 Stock Performance
Shares of OKLO stock opened at $26.36 on Friday. Oklo Inc. has a 52-week low of $26.07 and a 52-week high of $152.06. The firm has a market capitalization of $4.90 billion, a PE ratio of -28.04 and a beta of 1.20. The stock has a fifty day simple moving average of $37.11 and a two-hundred day simple moving average of $49.66.
Wall Street Analyst Weigh In
A number of research analysts recently commented on OKLO shares. Piper Sandler lowered their price target on Oklo from $55.00 to $49.00 and set an “overweight” rating on the stock in a report on Monday. Canaccord Genuity Group cut their price objective on shares of Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. HC Wainwright reiterated a “buy” rating and set a $90.00 price objective on shares of Oklo in a research report on Monday, August 10th. Barclays lowered their target price on shares of Oklo from $76.00 to $59.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Truist Financial dropped their target price on shares of Oklo from $51.00 to $31.00 and set a “hold” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.47.
View Our Latest Analysis on OKLO
Institutional Investors Weigh In On Oklo
A number of hedge funds have recently made changes to their positions in the company. SHP Wealth Management purchased a new position in shares of Oklo in the 4th quarter worth approximately $32,000. Costello Asset Management INC increased its position in shares of Oklo by 66.7% during the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in Oklo during the 1st quarter valued at $33,000. OLD Second National Bank of Aurora raised its holdings in Oklo by 142.1% during the 3rd quarter. OLD Second National Bank of Aurora now owns 1,029 shares of the company’s stock valued at $38,000 after buying an additional 604 shares during the period. Finally, TD Waterhouse Canada Inc. raised its holdings in Oklo by 200.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,124 shares of the company’s stock valued at $41,000 after buying an additional 750 shares during the period. 85.03% of the stock is currently owned by hedge funds and other institutional investors.
Oklo News Summary
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: ARK Investment Management purchased approximately $3.42 million of Oklo and other nuclear stocks across its exchange-traded funds. The buying may provide some institutional support and reflects continued interest in the advanced-nuclear theme. ARK Invest adds nuclear stocks
- Positive Sentiment: Oklo is advancing its Groves 2 Forge isotope-production project through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project could expand the company into medical-isotope production and strengthen its federal partnerships, although it is not expected to provide significant near-term revenue. Oklo Groves 2 Forge DOE role
- Neutral Sentiment: Oklo will release third-quarter 2026 results before the market opens on November 6, followed by a business-update conference call. The report could provide important updates on licensing, customer agreements, project financing and cash needs. Oklo third-quarter results date
- Neutral Sentiment: General Counsel Vivek Narayanadas sold 1,021 shares for approximately $27,057 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 8.73%, but the scheduled nature and relatively small size lessen its significance as a discretionary insider-confidence signal. Oklo insider stock sale
- Negative Sentiment: Truist lowered its price target from $51 to $31 and maintained a Hold rating. It was the fourth recent brokerage to reduce its target, following similar cuts from Piper Sandler, Barclays and Citigroup, signaling weaker confidence in Oklo’s valuation and near-term execution. Truist cuts Oklo price target
- Negative Sentiment: Oklo remains unprofitable, and its latest quarterly loss exceeded analyst expectations despite sharply higher revenue. Investors continue to focus on the long timeline for reactor commercialization, regulatory milestones and funding requirements.
Oklo Company Profile
Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.
The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.
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