Oklo (NYSE:OKLO) CEO Sells $69,148,800.00 in Stock

Oklo Inc. (NYSE:OKLO) CEO Jacob Dewitte sold 840,000 shares of Oklo stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $82.32, for a total value of $69,148,800.00. Following the transaction, the chief executive officer owned 1,580,000 shares of the company’s stock, valued at $130,065,600. This represents a 34.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Jacob Dewitte also recently made the following trade(s):

• On Tuesday, September 30th, Jacob Dewitte sold 300,000 shares of Oklo stock. The shares were sold at an average price of $112.26, for a total value of $33,678,000.00.

Oklo Price Performance

Oklo stock traded down $1.57 during mid-day trading on Tuesday, hitting $81.87. 6,573,193 shares of the company were exchanged, compared to its average volume of 9,886,198. Oklo Inc. has a 12-month low of $17.42 and a 12-month high of $193.84. The company has a market capitalization of $12.79 billion, a P/E ratio of -151.62 and a beta of 0.73. The business’s 50 day simple moving average is $108.77 and its two-hundred day simple moving average is $91.11.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period in the previous year, the firm posted ($0.08) earnings per share. Equities research analysts predict that Oklo Inc. will post -8.2 earnings per share for the current year.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Cathie Wood/ARK purchased Oklo shares (small but high?profile buy) — ARK’s moves and reporting show renewed institutional interest that can support the stock and attract momentum investors. Cathie Wood invests $8.9 million in nuclear energy giant Oklo
• Positive Sentiment: ARK sold Tesla and added Oklo (and Rocket Lab) to its funds — confirmation that an influential ETF manager is reallocating into nuclear/infrastructure names, which can boost demand for shares. Cathie Wood’s ARK sells Tesla stock, buys Oklo and Rocket Lab
• Positive Sentiment: Bullish retail/analyst coverage highlights big upside if Oklo’s microreactors win commercial demand and regulatory approval — useful for sentiment and retail flows but highly speculative until NRC licensing and revenue milestones are achieved. This Nuclear Stock Could Turn $1,000 Into $100,000
• Neutral Sentiment: Industry narrative: coverage positioning Oklo as part of a shift toward “hard infrastructure” for AI and data centers — supportive context for long?term demand but not an immediate revenue driver. THE RESILIENCE STACK: 5 Assets Fixing the AI Bottleneck
• Negative Sentiment: CEO Jacob Dewitte sold 840,000 shares at ~$82.32 (disclosed to the SEC), cutting his stake by ~34.7% — a very large insider sale that often weighs on near?term sentiment. SEC filing for CEO sale
• Negative Sentiment: Additional insider selling: CFO reported sales totaling several million dollars across recent filings — adds to sell pressure and raises questions for some investors about insider timing. CFO sells $5.48M in stock CFO sells $397k in stock

Analyst Upgrades and Downgrades

OKLO has been the topic of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Oklo in a research report on Monday, November 24th. Wedbush restated an “outperform” rating and set a $150.00 price objective on shares of Oklo in a report on Wednesday, November 12th. B. Riley lifted their price objective on Oklo from $58.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. William Blair reiterated an “outperform” rating on shares of Oklo in a research report on Wednesday, November 12th. Finally, Barclays set a $146.00 price target on Oklo in a report on Monday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $102.87.

Institutional Investors Weigh In On Oklo

Institutional investors have recently added to or reduced their stakes in the company. Caldwell Sutter Capital Inc. acquired a new position in shares of Oklo during the second quarter worth $25,000. Private Trust Co. NA acquired a new stake in Oklo during the 2nd quarter valued at $25,000. Fourth Dimension Wealth LLC increased its stake in Oklo by 125.0% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company’s stock worth $25,000 after buying an additional 250 shares during the period. Armstrong Advisory Group Inc. acquired a new position in Oklo in the 3rd quarter worth $27,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Oklo in the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

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.