Insider Selling: Oklo (NYSE:OKLO) General Counsel Sells $21,455.44 in Stock

Key Points

• Oklo’s general counsel sold 538 shares for approximately $21,455 at an average price of $39.88, reducing his holdings by 6.25% to 8,075 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax obligations from vested equity awards.
• Oklo shares rose 4.8% to $43.23, but the company remains unprofitable and reported a quarterly loss of $0.28 per share, below the $0.16 consensus estimate. Revenue increased sharply year over year to $1.21 million, though it remains limited.
• Analyst sentiment is broadly positive, with a “Moderate Buy” consensus and an average price target of $85.03, while institutional investors own 85.03% of the stock. Investor interest is being driven by potential demand for small nuclear reactors tied to AI data-center power needs, although the investment case remains speculative.

Oklo Inc. (NYSE:OKLO - Get Free Report) General Counsel Vivek Narayanadas sold 538 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $39.88, for a total transaction of $21,455.44. Following the completion of the transaction, the general counsel owned 8,075 shares of the company's stock, valued at approximately $322,031. This trade represents a 6.25% decrease in their position. The transaction was disclosed in a legal filing 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, 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 value of $129,809.28.

Oklo Stock Up 4.8%

Oklo stock traded up $1.96 during mid-day trading on Tuesday, hitting $43.23. 13,879,886 shares of the company's stock traded hands, compared to its average volume of 11,303,067. The firm has a 50 day moving average price of $43.93 and a 200 day moving average price of $55.24. The company has a market cap of $8.04 billion, a PE ratio of -45.99 and a beta of 1.18. Oklo Inc. has a one year low of $36.61 and a one year high of $193.84.

Oklo (NYSE:OKLO - Get Free Report) last released its quarterly 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 firm had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. During the same period last year, the firm posted ($0.18) earnings per share. The business's quarterly revenue was up 11900.0% on a year-over-year basis. On average, analysts expect that Oklo Inc. will post -0.9 earnings per share for the current fiscal year.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Small modular reactor stocks rallied as investors focused on rising electricity demand from artificial-intelligence data centers and the need for reliable, carbon-free baseload power. Oklo was part of a broader nuclear-sector advance, alongside gains in NuScale Power and the Global X Uranium ETF. NuScale Power Spikes 13%, Oklo Climbs 7%: Is the Nuclear Selloff Finally Exhausted?
• Positive Sentiment: Market strategist Shay Boloor said Oklo’s larger opportunity may be in developing its fuel cycle, offering a potential additional growth avenue beyond reactor deployment. The thesis could support investor interest, although it remains forward-looking. OKLO Stock Rises Premarket: Here's Why This Strategist Sees A 'Bigger Opportunity'
• Positive Sentiment: Investor attention is also increasing around small nuclear companies that could benefit if hyperscalers secure long-term power supplies and the United States expands nuclear capacity after years of limited new construction. 3 Small Nuclear Stocks Wall Street Has Not Fully Priced for the AI Power Shortage Yet
• Neutral Sentiment: Oklo General Counsel Vivek Narayanadas sold 538 shares for approximately $21,455 under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards. Because the sale was planned and tax-related, it provides limited evidence of a negative view; he retained 8,075 shares. SEC Form 4 filing
• Negative Sentiment: The rally remains speculative: Oklo has limited meaningful revenue, remains unprofitable, and its stock is still well below its yearly high and longer-term moving average. Analysts and commentators caution that the nuclear-sector advance could be a temporary bounce rather than a confirmed trend reversal. Is Oklo at $41 a Bargain or a Trap? Here's the Answer?

Institutional Trading of Oklo

A number of large investors have recently bought and sold shares of the stock. Nykredit A S acquired a new position in Oklo during the 2nd quarter worth $199,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Oklo during the 2nd quarter worth approximately $502,000. California State Teachers Retirement System grew its position in shares of Oklo by 6,518.7% in 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 last quarter. Ameritas Advisory Services LLC bought a new position in shares of Oklo during the second quarter worth approximately $481,000. Finally, Odyssean LLC bought a new position in Oklo in the 2nd quarter valued at about $555,000. 85.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. HC Wainwright reissued a "buy" rating and set a $90.00 target price on shares of Oklo in a report on Monday, August 10th. Truist Financial cut their price objective on Oklo from $55.00 to $51.00 and set a "hold" rating for the company in a report on Monday, August 10th. Bank of America assumed coverage on Oklo in a report on Friday, May 22nd. They set a "buy" rating and a $80.00 target price on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Oklo in a report on Friday, August 7th. Finally, Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a report on Friday, May 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $85.03.

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.

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