Richard Craig Bealmear Sells 72,090 Shares of Oklo (NYSE:OKLO) Stock

March 17, 2026 by InsiderTrades.com

Key Points

CFO Richard Craig Bealmear sold 72,090 shares on March 13 at an average price of $60, generating about $4.33 million and reducing his stake to 386,008 shares — a 15.74% decline in his position.
The CFO sale is the latest in a string of insider dispositions (including the CEO), which analysts note can weigh on investor sentiment even as Oklo shares traded higher intraday; such insider selling may amplify near-term selling pressure ahead of upcoming earnings.
Oklo has a market cap of about $9.34 billion, heavy institutional ownership (~85%), and mixed analyst views (average rating "Moderate Buy" with an average price target of $98.93), reflecting both bullish expectations and notable downside risk.

Oklo Inc. (NYSE:OKLO - Get Free Report) CFO Richard Craig Bealmear sold 72,090 shares of the firm's stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. This represents a 15.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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Richard Craig Bealmear also recently made the following trade(s):

On Monday, February 2nd, Richard Craig Bealmear sold 9,726 shares of Oklo stock. The stock was sold at an average price of $76.93, for a total value of $748,221.18.
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 value 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 value of $5,475,534.40.

Oklo Stock Up 2.4%

Shares of Oklo stock opened at $59.77 on Tuesday. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of -110.68 and a beta of 0.81. The business has a fifty day simple moving average of $75.77 and a 200-day simple moving average of $95.37. Oklo Inc. has a fifty-two week low of $17.42 and a fifty-two week high of $193.84.

Institutional Trading of Oklo

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A number of hedge funds have recently bought and sold shares of OKLO. Royal Bank of Canada boosted its holdings in shares of Oklo by 162.6% in 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 acquired a new stake in shares of Oklo during the first quarter valued at approximately $519,000. Millennium Management LLC lifted its position in shares of Oklo by 4,974.1% in 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 position in shares of Oklo by 165.6% in 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 stake in Oklo by 90.9% in 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 owned by hedge funds and other institutional investors.

Key Oklo News

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Analysts and media previews flag Q4 as a near-term catalyst — multiple previews and "how to play" pieces suggest upside potential if Oklo delivers favorable results or guidance ahead of the company's earnings release. Oklo Q4 earnings on deck: What to expect Here's How to Play OKLO Stock Before Q4 Earnings Release
Positive Sentiment: Bullish commentary and stock-pick articles (including a prediction of outperformance) are drawing investor attention to Oklo as a potentially high-reward nuclear growth name ahead of key approvals and project milestones. Prediction: This $60 Nuclear Stock Will Outperform
Neutral Sentiment: Broader market tailwinds (U.S. futures up on cooler oil) could be providing a modest lift to risk assets, including Oklo, ahead of earnings. U.S. Stock Futures in Green on Cooler Oil Prices
Neutral Sentiment: Comparisons with peers (e.g., Centrus) highlight execution and fuel-supply differences; these analyses underscore both upside if Oklo clears regulatory hurdles and downside risks if supply/approval bottlenecks persist. Better Nuclear Energy Stock: Oklo vs. Centrus Energy
Negative Sentiment: Insider selling — CEO Jacob Dewitte sold shares on March 13 (reported filings show multiple dispositions totaling large block(s) at ~$60 avg); such sales can concern investors about insider conviction and add selling pressure. SEC Form 4 (CEO)
Negative Sentiment: CFO Richard Craig Bealmear sold ~72,090 shares on March 13, a ~15.7% reduction in his stake per the filing — additional insider sales from senior finance leadership can amplify investor wariness. SEC Form 4 (CFO)
Negative Sentiment: Recent analysis notes that OKLO shares have slumped significantly from last year's highs, reflecting elevated volatility and valuation compression; this suggests downside remains if upcoming results disappoint. Oklo stock price analysis ahead of earnings

Analyst Upgrades and Downgrades

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Several equities analysts have recently issued reports on OKLO shares. Bank of America raised shares of Oklo from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $111.00 to $127.00 in a research note on Wednesday, January 21st. Zacks Research cut shares of Oklo from a "hold" rating to a "strong sell" rating in a report on Friday, January 23rd. Wedbush restated an "outperform" rating on shares of Oklo in a research report on Friday, January 9th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Oklo in a report on Thursday, January 22nd. Finally, Barclays cut their price objective on Oklo from $146.00 to $82.00 and set an "overweight" rating for the company in a research report on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $98.93.

Read Our Latest Report on Oklo

About Oklo

(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.