Key Points
- CEO Jacob Dewitte sold 840,000 shares on Dec. 22 at an average price of $82.32 for about $69.15 million, cutting his ownership by ~34.7% to 1,580,000 shares — a large insider sale disclosed in an SEC filing that could weigh on near‑term sentiment.
- Oklo missed quarterly EPS (reported -$0.20 vs. -$0.13 expected) and, despite several bullish analyst price targets, holds a MarketBeat consensus rating of "Hold" with an average target price of $102.87.
Oklo Inc. (NYSE:OKLO - Get Free Report) CEO Jacob Dewitte sold 840,000 shares of Oklo stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $82.32, for a total value of $69,148,800.00. Following the completion of the transaction, the chief executive officer owned 1,580,000 shares of the company's stock, valued at approximately $130,065,600. This trade represents a 34.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Jacob Dewitte also recently made the following trade(s):
- On Tuesday, September 30th, Jacob Dewitte sold 300,000 shares of Oklo stock. The stock was sold at an average price of $112.26, for a total value of $33,678,000.00.
Oklo Stock Down 1.9%
Shares of NYSE OKLO opened at $81.87 on Wednesday. The company has a market cap of $12.79 billion, a P/E ratio of -151.62 and a beta of 0.73. Oklo Inc. has a 52 week low of $17.42 and a 52 week high of $193.84. The business has a 50-day simple moving average of $108.77 and a two-hundred day simple moving average of $91.11.
Oklo (NYSE:OKLO - Get Free Report) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.07). During the same period in the previous year, the firm earned ($0.08) EPS. Equities research analysts anticipate that Oklo Inc. will post -8.2 EPS for the current year.
Wall Street Analysts Forecast Growth
OKLO has been the topic of several research analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $122.00 price objective on shares of Oklo in a research report on Wednesday, November 12th. Needham & Company LLC began coverage on Oklo in a research note on Friday, December 5th. They issued a "buy" rating and a $135.00 target price on the stock. B. Riley lifted their price target on Oklo from $58.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, November 12th. Seaport Res Ptn raised Oklo from a "hold" rating to a "strong-buy" rating in a report on Monday, December 8th. Finally, Canaccord Genuity Group began coverage on shares of Oklo in a research note on Thursday, October 9th. They issued a "buy" rating and a $175.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Oklo currently has a consensus rating of "Hold" and an average target price of $102.87.
View Our Latest Stock Analysis on Oklo
Hedge Funds Weigh In On Oklo
A number of hedge funds and other institutional investors have recently modified their holdings of OKLO. Plancorp LLC lifted its position in Oklo by 1.2% in the 3rd quarter. Plancorp LLC now owns 6,089 shares of the company's stock worth $680,000 after buying an additional 73 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Oklo by 3.7% during the third quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company's stock worth $293,000 after acquiring an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC lifted its holdings in shares of Oklo by 1.5% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company's stock worth $789,000 after acquiring an additional 101 shares during the last quarter. Rossby Financial LCC boosted its stake in shares of Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company's stock valued at $41,000 after purchasing an additional 150 shares in the last quarter. Finally, Perennial Investment Advisors LLC grew its holdings in shares of Oklo by 3.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company's stock valued at $522,000 after purchasing an additional 154 shares during the last quarter. 85.03% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Cathie Wood/ARK purchased Oklo shares (small but high‑profile buy) — ARK’s moves and reporting show renewed institutional interest that can support the stock and attract momentum investors. Cathie Wood invests $8.9 million in nuclear energy giant Oklo
- Positive Sentiment: ARK sold Tesla and added Oklo (and Rocket Lab) to its funds — confirmation that an influential ETF manager is reallocating into nuclear/infrastructure names, which can boost demand for shares. Cathie Wood’s ARK sells Tesla stock, buys Oklo and Rocket Lab
- Positive Sentiment: Bullish retail/analyst coverage highlights big upside if Oklo’s microreactors win commercial demand and regulatory approval — useful for sentiment and retail flows but highly speculative until NRC licensing and revenue milestones are achieved. This Nuclear Stock Could Turn $1,000 Into $100,000
- Neutral Sentiment: Industry narrative: coverage positioning Oklo as part of a shift toward “hard infrastructure” for AI and data centers — supportive context for long‑term demand but not an immediate revenue driver. THE RESILIENCE STACK: 5 Assets Fixing the AI Bottleneck
- Negative Sentiment: CEO Jacob Dewitte sold 840,000 shares at ~$82.32 (disclosed to the SEC), cutting his stake by ~34.7% — a very large insider sale that often weighs on near‑term sentiment. SEC filing for CEO sale
- Negative Sentiment: Additional insider selling: CFO reported sales totaling several million dollars across recent filings — adds to sell pressure and raises questions for some investors about insider timing. CFO sells $5.48M in stock CFO sells $397k in stock
Oklo Company Profile
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Get Free Report)
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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