Key Points
- William Carroll Murphy Goodwin sold 5,864 Oklo shares on Dec. 1 at an average of $88.42 for $518,494.88, cutting his stake to 13,620 shares (a 30.10% decrease); he previously sold 11,936 shares on Nov. 19 and 41,387 shares on Sept. 5.
- Oklo opened at $91.73 with a $14.33 billion market cap and a negative PE (-169.88), reported a Q3 EPS miss (‑$0.20 vs. ‑$0.13), and carries a consensus analyst rating of Hold with a $106.29 target.
Oklo Inc. (NYSE:OKLO - Get Free Report) insider William Carroll Murphy Goodwin sold 5,864 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $88.42, for a total transaction of $518,494.88. Following the completion of the transaction, the insider owned 13,620 shares in the company, valued at $1,204,280.40. The trade was a 30.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
William Carroll Murphy Goodwin also recently made the following trade(s):
- On Wednesday, November 19th, William Carroll Murphy Goodwin sold 11,936 shares of Oklo stock. The shares were sold at an average price of $101.84, for a total transaction of $1,215,562.24.
- On Friday, September 5th, William Carroll Murphy Goodwin sold 41,387 shares of Oklo stock. The stock was sold at an average price of $70.09, for a total value of $2,900,814.83.
Oklo Stock Performance
NYSE OKLO opened at $91.73 on Wednesday. The company has a market capitalization of $14.33 billion, a PE ratio of -169.88 and a beta of 0.73. The business's fifty day moving average is $121.11 and its 200 day moving average is $86.43. Oklo Inc. has a fifty-two week low of $17.14 and a fifty-two week high of $193.84.
Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings results 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 last year, the firm posted ($0.08) earnings per share. On average, sell-side analysts forecast that Oklo Inc. will post -8.2 EPS for the current year.
Analysts Set New Price Targets
OKLO has been the topic of a number of recent analyst reports. Wedbush restated an "outperform" rating and set a $150.00 target price on shares of Oklo in a research note on Wednesday, November 12th. Barclays set a $146.00 price objective on shares of Oklo in a research note on Monday, September 29th. B. Riley raised their price objective on shares of Oklo from $58.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, November 12th. BTIG Research restated a "neutral" rating on shares of Oklo in a research note on Tuesday, August 12th. Finally, William Blair reiterated an "outperform" rating on shares of Oklo in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $106.29.
View Our Latest Report on OKLO
Hedge Funds Weigh In On Oklo
Hedge funds have recently modified their holdings of the stock. Caldwell Sutter Capital Inc. purchased a new position in Oklo during the second quarter valued at $25,000. Private Trust Co. NA purchased a new stake in Oklo in the 2nd quarter worth $25,000. Fourth Dimension Wealth LLC boosted its holdings in shares of Oklo by 125.0% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company's stock valued at $25,000 after purchasing an additional 250 shares during the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of Oklo during the 3rd quarter valued at about $27,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Oklo during the second quarter valued at about $28,000. Hedge funds and other institutional investors own 85.03% of the company's stock.
Oklo Company Profile
(
Get Free Report)
Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
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