Vivek Narayanadas Sells 238 Shares of Oklo (NYSE:OKLO) Stock

Key Points

• Oklo General Counsel Vivek Narayanadas sold 238 shares at an average price of $42.06, generating approximately $10,010. The pre-arranged Rule 10b5-1 transaction was intended to cover tax withholding on vested equity awards, reducing his holdings by 2.72% to 8,524 shares.
• Oklo shares fell 1.6% to $42.60, well below the 52-week high of $193.84. The company remains unprofitable and missed quarterly EPS expectations, despite reporting $1.21 million in revenue, up 11,900% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $83.26, citing potential from its Aurora reactor and rising demand for carbon-free power. However, licensing, financing, construction and customer-adoption risks remain significant.

Oklo Inc. (NYSE:OKLO - Get Free Report) General Counsel Vivek Narayanadas sold 238 shares of the firm's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $42.06, for a total value of $10,010.28. Following the sale, the general counsel owned 8,524 shares in the company, valued at $358,519.44. This trade represents a 2.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 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 stock was 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 Trading Down 1.6%

OKLO traded down $0.71 during midday trading on Wednesday, hitting $42.60. The company's stock had a trading volume of 7,496,915 shares, compared to its average volume of 11,282,127. Oklo Inc. has a 52-week low of $36.61 and a 52-week high of $193.84. The firm has a 50-day moving average price of $43.74 and a two-hundred day moving average price of $55.07. The firm has a market cap of $7.92 billion, a P/E ratio of -45.32 and a beta of 1.18.

Oklo (NYSE:OKLO - Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. During the same quarter in the prior year, the firm posted ($0.18) EPS. Oklo's revenue for the quarter was up 11900.0% on a year-over-year basis. On average, equities analysts expect that Oklo Inc. will post -0.9 EPS for the current year.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Analyst upside: Despite recent target reductions from some firms, Wall Street’s average target remains well above the current share price. The broader analyst consensus is still “Moderate Buy,” supporting the potential for a recovery if Oklo makes progress on its Aurora reactor and other projects. Oklo Trades at $43. Wall Street's Average Target Is $75
• Positive Sentiment: Structural nuclear demand: Commentary continues to highlight Oklo as a potential beneficiary of rising electricity demand from artificial-intelligence data centers and hyperscalers seeking reliable, carbon-free power. A recent rebound across small modular reactor and uranium stocks also improved sentiment toward the sector. 3 Small Nuclear Stocks Wall Street Has Not Fully Priced for the AI Power Shortage Yet
• Neutral Sentiment: Fuel-cycle opportunity: Futurum Equities strategist Shay Boloor argued that Oklo’s opportunity may extend beyond reactor deployment into the nuclear fuel cycle. This adds to the long-term story but is not yet a reported contract or material revenue driver. OKLO Stock Rises Premarket
• Neutral Sentiment: Insider transaction: General Counsel Vivek Narayanadas sold 538 shares for about $21,455 under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards. The relatively small, planned sale is therefore a limited bearish signal. SEC Form 4 Filing
• Negative Sentiment: Valuation and execution concerns: Oklo remains unprofitable, generated only limited revenue, and recently missed quarterly EPS expectations. Investors must still account for licensing, financing, construction and customer-adoption risks. Comparisons with NuScale and other nuclear stocks also emphasize that the sector’s rebound could be a temporary bounce rather than a confirmed turnaround. Forget Oklo: This Nuclear Stock Could Be the Better Buy

Institutional Investors Weigh In On Oklo

Several institutional investors have recently bought and sold shares of OKLO. Royal Bank of Canada grew its stake in Oklo by 162.6% during the first quarter. Royal Bank of Canada now owns 92,850 shares of the company's stock worth $2,009,000 after buying an additional 57,497 shares during the period. AQR Capital Management LLC purchased a new position in shares of Oklo in the 1st quarter valued at $519,000. Millennium Management LLC lifted its holdings in shares of Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company's stock valued at $12,589,000 after acquiring an additional 570,532 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company's stock valued at $339,000 after acquiring an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Oklo by 90.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company's stock worth $2,439,000 after purchasing an additional 53,703 shares during the period. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OKLO has been the topic of a number of research analyst reports. Citigroup decreased their price target on shares of Oklo from $76.00 to $57.50 and set a "neutral" rating on the stock in a report on Monday, August 10th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $122.00 target price on shares of Oklo in a research report on Wednesday, May 13th. Barclays reduced their target price on Oklo from $82.00 to $76.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Piper Sandler started coverage on Oklo in a research report on Tuesday. They set an "overweight" rating and a $55.00 price target for the company. Finally, Guggenheim started coverage on 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 assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $83.26.

Oklo Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.