Oklo (NYSE:OKLO) Stock: Insider Vivek Narayanadas Sells 364 Shares

Key Points

• Oklo General Counsel Vivek Narayanadas sold 364 shares at an average price of $34.69, totaling $12,627.16. The Rule 10b5-1 transaction was intended to cover tax withholding on vested equity awards, leaving him with 8,769 shares.
• OKLO shares traded near $31.82, close to their one-year low of $31.02, and remained well below their 50-day and 200-day moving averages. The company recently reported a quarterly loss of $0.28 per share, missing analyst expectations, despite sharply higher revenue.
• Oklo is advancing its Groves 2 Forge isotope-production project and pursuing nuclear power agreements, including reported long-term contracts with Meta. However, it remains a speculative, pre-commercial company, with analysts holding mixed views and an average price target of $82.44.

Oklo Inc. (NYSE:OKLO - Get Free Report) General Counsel Vivek Narayanadas sold 364 shares of the business's stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $34.69, for a total transaction of $12,627.16. Following the sale, the general counsel directly owned 8,769 shares of the company's stock, valued at approximately $304,196.61. This trade represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 shares were sold at an average price of $35.93, for a total transaction 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 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 transaction of $21,455.44.
• On Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The stock was sold at an average price of $40.80, for a total transaction 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 transaction of $129,809.28.

Oklo Stock Performance

OKLO stock traded down $0.39 during midday trading on Tuesday, hitting $31.82. 8,868,710 shares of the company's stock were exchanged, compared to its average volume of 11,185,156. The stock's fifty day moving average price is $40.11 and its 200-day moving average price is $51.01. The company has a market cap of $5.92 billion, a PE ratio of -33.85 and a beta of 1.20. Oklo Inc. has a one year low of $31.02 and a one year high of $193.84.

Oklo (NYSE:OKLO - Get Free Report) last announced 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 business had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. Oklo's quarterly revenue was up 11900.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.18) EPS. On average, analysts expect that Oklo Inc. will post -1.02 EPS for the current year.

Institutional Investors Weigh In On Oklo

A number of large investors have recently bought and sold shares of OKLO. Bank of America Corp DE increased its position in Oklo by 55.3% during the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company's stock worth $30,760,000 after purchasing an additional 220,976 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Oklo by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 516,886 shares of the company's stock valued at $25,632,000 after purchasing an additional 5,945 shares during the last quarter. Swiss National Bank lifted its stake in Oklo by 7.1% in the 1st quarter. Swiss National Bank now owns 324,900 shares of the company's stock valued at $16,112,000 after purchasing an additional 21,400 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Oklo by 427.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 171,128 shares of the company's stock valued at $12,280,000 after purchasing an additional 138,659 shares during the last quarter. Finally, Amundi boosted its position in Oklo by 59.0% in the first quarter. Amundi now owns 164,824 shares of the company's stock valued at $8,174,000 after buying an additional 61,161 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced that it will advance its Groves 2 Forge isotope-production facility through the U.S. Department of Energy’s National Reactor Innovation Center Nuclear Energy Launch Pad initiative. The project builds on the Groves Isotope Test Reactor and could support future production of medical and other high-value isotopes. Oklo to Advance Groves 2 Forge as Part of U.S. Department of Energy’s Nuclear Energy Launch Pad Selection
• Positive Sentiment: The isotope strategy gives Oklo a potential business beyond electricity generation. Progress on reactor milestones, critical-material procurement and laboratory capabilities may expand its long-term revenue opportunities, while the company’s reported 20-year power purchase agreements with Meta provide additional commercial visibility. OKLO Builds on Groves Progress to Expand Isotope Business
• Neutral Sentiment: Strong demand for reliable power from artificial-intelligence data centers remains a favorable industry backdrop. Google’s agreement with Constellation for 3.59 gigawatts of nuclear power highlights growing corporate interest, although the deal does not directly add revenue to Oklo. Nuclear ETFs in Spotlight as Google and Constellation Sign 3.6 GW Deal
• Negative Sentiment: Oklo is still a speculative, pre-commercial company. It recently reported a quarterly adjusted loss of $0.28 per share versus an expected $0.16 loss, and analysts expect a full-year loss. The company’s small revenue base and need to execute on reactor and isotope projects continue to weigh on investor confidence.
• Negative Sentiment: The broader nuclear-stock retreat has also pressured OKLO alongside NuScale and Centrus. Commentary highlighting Oklo’s sharp longer-term share-price decline reinforces concerns about valuation, volatility and the time required to convert partnerships and development projects into cash flow. Nuclear Names Retreat

Analysts Set New Price Targets

A number of brokerages have recently commented on OKLO. Piper Sandler reissued an "overweight" rating on shares of Oklo in a research report on Thursday, October 1st. UBS Group dropped their price target on Oklo from $55.00 to $41.00 and set a "neutral" rating on the stock in a research note on Friday, September 25th. HC Wainwright reaffirmed a "buy" rating and set a $90.00 price target on shares of Oklo in a report on Monday, August 10th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Oklo in a report on Friday, August 7th. Finally, Guggenheim assumed coverage on shares of Oklo in a research report on Thursday, June 25th. They set a "neutral" rating for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $82.44.

About Oklo

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.

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