Oklo (NYSE:OKLO) CFO Richard Craig Bealmear Sells 16,430 Shares

Oklo Inc. (NYSE:OKLO) CFO Richard Bealmear sold 16,430 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $38.76, for a total value of $636,826.80. Following the completion of the sale, the chief financial officer owned 455,976 shares in the company, valued at $17,673,629.76. This trade represents a 3.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oklo Stock Performance

Shares of OKLO traded up $0.37 during mid-day trading on Thursday, reaching $39.89. 6,864,679 shares of the company were exchanged, compared to its average volume of 11,305,931. Oklo Inc. has a 52 week low of $36.61 and a 52 week high of $193.84. The stock has a market capitalization of $7.42 billion, a PE ratio of -42.44 and a beta of 1.18. The business has a 50 day simple moving average of $44.55 and a two-hundred day simple moving average of $55.78.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.28) 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 the consensus estimate of $0.09 million. Oklo’s revenue for the quarter was up 11900.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.18) earnings per share. On average, analysts predict that Oklo Inc. will post -0.9 EPS for the current year.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Continued attention on the nuclear-power sector could support Oklo’s long-term investment case, as utilities and investors increasingly focus on advanced reactors and small modular reactors. Nuclear Stocks To Consider – August 31st
• Neutral Sentiment: Holtec’s planned initial public offering introduces another publicly traded nuclear company with existing revenue and ambitions in small modular reactors. The offering may expand sector visibility, although investor interest and valuation could shift toward the new rival. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector A New Nuclear Rival Recently Filed to Go Public
• Negative Sentiment: Oklo CEO Jacob DeWitte sold 120,000 shares in two transactions for approximately $4.63 million, reducing his reported holdings by about 25% across the filings. Separately, Chief Product Officer Alexandra Renner sold 1,930 shares worth roughly $74,000. Multiple insider sales can reinforce concerns about near-term valuation and confidence, even though they do not necessarily indicate a change in business fundamentals. Jacob DeWitte insider transactions OKLO Stock Heads For 4th Week In Red
• Negative Sentiment: OKLO reportedly has one of the highest short-interest levels in the utilities sector. That signals substantial bearish positioning and may pressure the shares, although it also creates the possibility of sharp gains if favorable company news triggers short covering. OKLO and BKH Draw Highest Short Interest
• Negative Sentiment: Oklo filed a complaint with the Federal Energy Regulatory Commission after PJM removed an Oklo project from its interconnection queue. The dispute highlights permitting and grid-connection risks that could delay project development and revenue generation. Oklo Files FERC Complaint After PJM Removes Project from Interconnection Queue

Analysts Set New Price Targets

Several research firms have recently weighed in on OKLO. Canaccord Genuity Group decreased their price objective on shares of Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Bank of America started coverage on shares of Oklo in a report on Friday, May 22nd. They issued a “buy” rating and a $80.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. Cantor Fitzgerald reiterated an “overweight” rating and set a $122.00 price target on shares of Oklo in a report on Wednesday, May 13th. Finally, Barclays lowered their price objective on 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $85.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Oklo in the second quarter worth $502,000. California State Teachers Retirement System raised its holdings in shares of Oklo by 6,518.7% during the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock valued at $454,377,000 after purchasing an additional 8,551,720 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Oklo during the second quarter valued at about $481,000. Odyssean LLC bought a new position in shares of Oklo during the 2nd quarter worth about $555,000. Finally, Nykredit A S bought a new position in shares of Oklo during the 2nd quarter worth about $199,000. 85.03% of the stock is owned by institutional investors.

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.