Oklo Inc. (NYSE:OKLO – Get Free Report) General Counsel Vivek Narayanadas sold 1,021 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $26.50, for a total value of $27,056.50. Following the transaction, the general counsel directly owned 10,669 shares in the company, valued at approximately $282,728.50. This represents a 8.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 stock was 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 stock was 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 value 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 shares were sold at an average price of $43.31, for a total transaction 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 transaction 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 stock was sold at an average price of $39.77, for a total transaction of $129,809.28.
Oklo Stock Down 2.4%
Oklo stock opened at $26.36 on Friday. The business has a fifty day moving average of $37.11 and a two-hundred day moving average of $49.66. The firm has a market cap of $4.90 billion, a P/E ratio of -28.04 and a beta of 1.20. Oklo Inc. has a twelve month low of $26.07 and a twelve month high of $152.06.
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. The company’s quarterly revenue was up 11900.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) earnings per share. Equities analysts expect that Oklo Inc. will post -1.00 earnings per share for the current year.
Key Stories Impacting Oklo
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.
Wall Street Analyst Weigh In
OKLO has been the topic of several recent analyst reports. Truist Financial cut their price objective on shares of Oklo from $51.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday. Citigroup lowered their target price on Oklo from $57.50 to $33.00 and set a “neutral” rating on the stock in a research note on Wednesday. Barclays dropped their target price on Oklo from $76.00 to $59.00 and set an “overweight” rating on the stock in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oklo in a report on Monday, August 10th. 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $78.47.
Get Our Latest Research Report on Oklo
Hedge Funds Weigh In On Oklo
A number of institutional investors and hedge funds have recently bought and sold shares of OKLO. Sei Investments Co. boosted its holdings in shares of Oklo by 344.6% during the 1st quarter. Sei Investments Co. now owns 50,096 shares of the company’s stock worth $2,484,000 after purchasing an additional 38,829 shares during the last quarter. Bank of America Corp DE boosted its stake in Oklo by 55.3% during the first quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock worth $30,760,000 after buying an additional 220,976 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Oklo during the second quarter worth $2,096,000. Hsbc Holdings PLC boosted its stake in Oklo by 1,184.4% during the fourth quarter. Hsbc Holdings PLC now owns 112,372 shares of the company’s stock worth $8,063,000 after buying an additional 103,623 shares during the last quarter. Finally, Optiver Holding B.V. purchased a new stake in Oklo in the 1st quarter valued at $2,414,000. 85.03% of the stock is currently owned by institutional investors and hedge funds.
About Oklo
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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