Key Points
- CFO Richard Craig Bealmear sold 9,726 shares on Feb 2 at an average price of $76.93 for about $748,221, reducing his stake by 4.71% to 196,913 shares, per the SEC filing.
- Oklo shares fell about 12.6% amid large insider sales — filings also show CEO Jacob Dewitte sold sizable blocks (~140k and ~60k shares), a move markets viewed negatively and likely amplified intraday selling pressure.
- The company remains loss-making, having missed last quarter’s EPS (reported -$0.20 vs. -$0.13 consensus) and analysts model significant negative EPS for the year, though the consensus rating is a "Moderate Buy" with a $103.20 price target.
Oklo Inc. (NYSE:OKLO - Get Free Report) CFO Richard Craig Bealmear sold 9,726 shares of the business's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $76.93, for a total transaction of $748,221.18. Following the sale, the chief financial officer owned 196,913 shares of the company's stock, valued at approximately $15,148,517.09. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Richard Craig Bealmear also recently made the following trade(s):
- On Thursday, December 18th, Richard Craig Bealmear sold 5,159 shares of Oklo stock. The shares were sold at an average price of $76.97, for a total transaction of $397,088.23.
- On Wednesday, December 17th, Richard Craig Bealmear sold 69,841 shares of Oklo stock. The stock was sold at an average price of $78.40, for a total transaction of $5,475,534.40.
Oklo Trading Down 12.6%
Shares of NYSE OKLO opened at $68.20 on Thursday. Oklo Inc. has a 12-month low of $17.42 and a 12-month high of $193.84. The firm has a market capitalization of $10.66 billion, a price-to-earnings ratio of -126.30 and a beta of 0.76. The firm has a 50 day moving average of $88.26 and a 200 day moving average of $96.84.
Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same period last year, the company posted ($0.08) EPS. Sell-side analysts predict that Oklo Inc. will post -8.2 EPS for the current year.
Institutional Investors Weigh In On Oklo
Large investors have recently made changes to their positions in the company. Private Trust Co. NA bought a new stake in Oklo in the 2nd quarter worth approximately $25,000. Fourth Dimension Wealth LLC increased its position in Oklo by 125.0% in the second quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company's stock worth $25,000 after purchasing an additional 250 shares during the last quarter. NBC Securities Inc. raised its stake in Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company's stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. GAMMA Investing LLC lifted its position in Oklo by 356.3% during the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company's stock valued at $26,000 after purchasing an additional 285 shares during the last quarter. Finally, Armstrong Advisory Group Inc. bought a new position in Oklo during the third quarter valued at $27,000. 85.03% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on OKLO shares. Citigroup reaffirmed a "neutral" rating on shares of Oklo in a research note on Monday, November 24th. Wedbush reissued an "outperform" rating on shares of Oklo in a report on Friday, January 9th. William Blair reaffirmed an "outperform" rating on shares of Oklo in a report on Wednesday, November 12th. Bank of America raised shares of Oklo from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $111.00 to $127.00 in a research note on Wednesday, January 21st. Finally, Texas Capital upgraded Oklo to a "strong-buy" rating in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $103.20.
Get Our Latest Stock Report on OKLO
Key Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Binding commercial demand and non‑dilutive capital — Oklo’s business model and recent commercial traction (including a reported 1.2 GW agreement structure with Meta that includes prepayments) position the company to receive up‑front project funding rather than equity dilution, which is supportive for future cash flow and valuations. The Atomic Pivot: AI’s $50 Billion Power Move
- Positive Sentiment: Sector narrative: AI data centers creating structural demand for behind‑the‑meter nuclear capacity — several recent articles argue that hyperscalers’ need for reliable, carbon‑free power re-rates SMR developers like Oklo as infrastructure plays. This is a strong long-term growth thesis if project timelines hold. Is Oklo (OKLO) Quietly Reframing Nuclear Power As Essential Infrastructure For AI Data Centers?
- Neutral Sentiment: Market commentary and bullish theses highlight upside but also note volatility and execution risk — multiple bull‑case writeups and think pieces praise the addressable market but warn that regulatory and construction execution will determine realized returns. Oklo Inc. (OKLO): A Bull Case Theory
- Negative Sentiment: Large insider sales by senior management — SEC filings show CEO Jacob Dewitte sold shares on Feb 2 (reported filings for ~140,000 and ~60,000 shares at ~\$75 each) and CFO Richard Bealmear sold ~9,726 shares. Combined insider selling of this size is being viewed negatively by the market and likely amplified intraday selling pressure. SEC Insider Transactions Filing
- Negative Sentiment: Recent fundamentals and expectations remain loss-making — Oklo missed consensus EPS in its last reported quarter and analysts model significant negative EPS for the year, leaving the stock sensitive to any cash‑flow or funding concerns.
- Negative Sentiment: Near‑term sentiment driver: headlines and momentum — Coverage explaining the intraday selloff (articles analyzing why OKLO dropped) can accelerate outflows in a low‑earnings, high‑expectations name. Why Oklo Stock Crashed Today
Oklo Company Profile
(
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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