Oklo Inc. (NYSE:OKLO – Get Free Report) insider William Carroll Murphy Goodwin sold 11,592 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $461,013.84. Following the sale, the insider directly owned 45,268 shares in the company, valued at $1,800,308.36. This trade represents a 20.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Oklo Price Performance
Shares of NYSE OKLO opened at $44.23 on Wednesday. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of -47.05 and a beta of 1.17. The business has a 50-day moving average of $46.71 and a 200-day moving average of $56.94. Oklo Inc. has a fifty-two week low of $36.61 and a fifty-two week high of $193.84.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The company had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. During the same quarter in the prior year, the company posted ($0.18) earnings per share. The business’s revenue was up 11900.0% compared to the same quarter last year. On average, sell-side analysts expect that Oklo Inc. will post -0.9 EPS for the current year.
Institutional Trading of Oklo
Oklo News Summary
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo is benefiting from renewed interest in nuclear-energy stocks, with the sector rebounding after an oversold decline. Buying momentum has also been linked to escalating U.S.-Canada trade tensions and broader demand for domestic energy and uranium exposure. Nuclear Stocks Rebound on an Oversold Bounce
- Positive Sentiment: Investor enthusiasm is being fueled by the possibility that AI companies, including SpaceX, will need large amounts of reliable power. Oklo’s planned advanced reactors could eventually provide dedicated electricity to data centers and other energy-intensive customers. Prediction: SpaceX’s Power Needs Will Turn It Into Oklo’s Biggest Customer
- Positive Sentiment: Recent company milestones—including first revenue and a controlled nuclear chain reaction at a test reactor—support the long-term investment case and suggest progress toward Oklo’s microreactor and fuel-recycling ambitions. Is Oklo Undervalued After First Revenue and a Reactor Milestone?
- Neutral Sentiment: Oklo’s CEO is promoting the large potential energy value of used nuclear fuel in the United States, highlighting fuel recycling as a major future opportunity. The strategy could create a substantial resource advantage, but it remains dependent on technology, regulation and execution. Oklo’s CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia’s Oil Reserves
- Neutral Sentiment: Several insiders sold shares at $39.77 to cover tax withholding on vested equity awards. The transactions reduced individual holdings, but they were conducted under a pre-arranged plan or for tax purposes rather than clearly representing discretionary bearish bets. Oklo SEC Insider Filing
- Negative Sentiment: Investors remain concerned that meaningful power revenue may still be years away. Recent analyst price-target reductions, Oklo’s ongoing investment needs and a history of insider selling have increased scrutiny of its valuation and commercialization schedule. Oklo Proves It Can Build a Reactor in 11 Months But Power Revenue Is Years Away
Analysts Set New Price Targets
Several equities research analysts have recently commented on OKLO shares. HC Wainwright reissued a “buy” rating and issued a $90.00 price objective on shares of Oklo in a report on Monday, August 10th. Citigroup lowered their target price on shares of Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a report on Monday, August 10th. Canaccord Genuity Group dropped their price target on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Bank of America assumed coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target for the company. Finally, Barclays decreased their price objective 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.03.
Read Our Latest Stock Analysis on OKLO
Oklo Company Profile
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.
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