Insider Selling: Oklo (NYSE:OKLO) General Counsel Sells $12,627.16 in Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 364 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $34.69, for a total transaction of $12,627.16. Following the completion of the sale, the general counsel directly owned 8,769 shares in the company, valued at approximately $304,196.61. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. 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 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 value of $23,318.57.
• On Wednesday, September 9th, Vivek Narayanadas sold 365 shares of Oklo stock. The stock was 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 shares were 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 shares were sold at an average price of $40.80, for a total value of $9,098.40.
• On Monday, August 24th, Vivek Narayanadas sold 3,264 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total value of $129,809.28.

Oklo Trading Up 3.6%

Shares of NYSE OKLO opened at $30.10 on Friday. Oklo Inc. has a 12 month low of $27.52 and a 12 month high of $176.35. The stock has a 50 day moving average of $39.36 and a 200-day moving average of $50.54. The company has a market capitalization of $5.60 billion, a P/E ratio of -32.02 and a beta of 1.20.

Oklo (NYSE:OKLO) last posted its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share 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 previous year, the firm earned ($0.18) earnings per share. The company’s revenue was up 11900.0% compared to the same quarter last year. Analysts predict that Oklo Inc. will post -1.02 EPS for the current fiscal year.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The U.S. Department of Energy selected Oklo’s Groves 2 Forge isotope-production facility for advancement under its Nuclear Energy Launch Pad initiative. The project could expand Oklo’s business into medical and other high-value isotopes, providing a potential revenue stream beyond electricity generation. Oklo Advances Isotope Production Facility Under DOE Nuclear Initiative
• Positive Sentiment: Progress on reactor milestones, critical-material procurement and laboratory capabilities supports Oklo’s isotope strategy. Separately, long-term nuclear power agreements being pursued with major technology companies, including Meta, remain potential commercial catalysts. Oklo Selected by DOE to Build Groves 2 Forge
• Neutral Sentiment: Google’s renewed commitment to nuclear power through agreements involving Constellation Energy highlights improving industry demand, although the deals focus on established or separately developed reactors and do not directly secure near-term revenue for Oklo. Google Signed a Deal for Existing Reactors
• Negative Sentiment: Oklo launched another stock sale of up to approximately $1 billion. While the offering can strengthen its cash position, issuing shares at a lower price increases dilution risk for existing shareholders and reinforces concerns about the company’s substantial future funding needs. Oklo Launched Another $1 Billion Stock Sale
• Negative Sentiment: Rising long-term Treasury yields have pressured nuclear and other long-duration growth stocks because higher rates reduce the present value of distant cash flows. Oklo’s early-stage projects are particularly sensitive to this shift. Nuclear Stocks Face Pressure as Treasury Yields Rise
• Negative Sentiment: Insiders reported small, planned sales to cover tax withholding on vested equity awards. Alexandra Renner sold 688 shares, while General Counsel Vivek Narayanadas sold 364 shares under a Rule 10b5-1 plan; these transactions are modest but add to negative headline sentiment. Oklo Insider Filing

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OKLO. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Oklo during the third quarter worth $238,000. Accel Wealth Management bought a new stake in shares of Oklo in the third quarter valued at about $224,000. Thor Investment Management Inc. OH ADV bought a new stake in shares of Oklo in the third quarter valued at about $381,000. GK Wealth Management LLC acquired a new position in shares of Oklo in the third quarter valued at about $69,000. Finally, Polaris Financial Partners acquired a new position in shares of Oklo in the third quarter valued at about $93,000. 85.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on OKLO shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Guggenheim started coverage on shares of Oklo in a research note on Thursday, June 25th. They set a “neutral” rating for the company. UBS Group reduced their target price on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a report on Friday, September 25th. Citigroup reduced their target price 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. Finally, Canaccord Genuity Group decreased their price target on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. 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 stock. According to MarketBeat, Oklo has an average rating of “Moderate Buy” and a consensus target price of $82.44.

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.