Key Points
- Oklo insider William Carroll Murphy Goodwin sold 11,592 shares at an average price of $39.77, totaling $461,013.84. The sale covered tax withholding on vested equity awards and reduced his holdings by 20.39% to 45,268 shares.
- Oklo shares opened at $44.23, with a market capitalization of $8.23 billion and a 52-week range of $36.61 to $193.84. The company reported a quarterly loss of $0.28 per share, missing estimates, despite revenue rising 11,900% year over year to $1.21 million.
- Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $85.03, though concerns persist over valuation, ongoing losses and the potentially lengthy path to meaningful power revenue.
Oklo Inc. (NYSE:OKLO - Get Free Report) insider John Hanson sold 539 shares of the firm's stock in a transaction on Monday, August 24th. The shares were sold at an average price of $39.77, for a total transaction of $21,436.03. Following the transaction, the insider owned 359,430 shares in the company, valued at $14,294,531.10. This represents a 0.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Oklo Trading Up 11.4%
OKLO stock opened at $44.23 on Wednesday. The firm has a market cap of $8.23 billion, a PE ratio of -47.05 and a beta of 1.17. Oklo Inc. has a 1 year low of $36.61 and a 1 year high of $193.84. The company has a fifty day simple moving average of $46.71 and a 200 day simple moving average of $56.94.
Oklo (NYSE:OKLO - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to analysts' expectations of $0.09 million. During the same quarter last year, the firm earned ($0.18) earnings per share. Oklo's revenue was up 11900.0% on a year-over-year basis. As a group, analysts forecast that Oklo Inc. will post -0.9 EPS for the current fiscal year.
Key Stories Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo is benefiting from renewed interest in nuclear-energy stocks, with the sector rebounding after an oversold decline. Buying momentum has also been linked to escalating U.S.-Canada trade tensions and broader demand for domestic energy and uranium exposure. Nuclear Stocks Rebound on an Oversold Bounce
- Positive Sentiment: Investor enthusiasm is being fueled by the possibility that AI companies, including SpaceX, will need large amounts of reliable power. Oklo’s planned advanced reactors could eventually provide dedicated electricity to data centers and other energy-intensive customers. Prediction: SpaceX's Power Needs Will Turn It Into Oklo's Biggest Customer
- Positive Sentiment: Recent company milestones—including first revenue and a controlled nuclear chain reaction at a test reactor—support the long-term investment case and suggest progress toward Oklo’s microreactor and fuel-recycling ambitions. Is Oklo Undervalued After First Revenue and a Reactor Milestone?
- Neutral Sentiment: Oklo’s CEO is promoting the large potential energy value of used nuclear fuel in the United States, highlighting fuel recycling as a major future opportunity. The strategy could create a substantial resource advantage, but it remains dependent on technology, regulation and execution. Oklo's CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia's Oil Reserves
- Neutral Sentiment: Several insiders sold shares at $39.77 to cover tax withholding on vested equity awards. The transactions reduced individual holdings, but they were conducted under a pre-arranged plan or for tax purposes rather than clearly representing discretionary bearish bets. Oklo SEC Insider Filing
- Negative Sentiment: Investors remain concerned that meaningful power revenue may still be years away. Recent analyst price-target reductions, Oklo’s ongoing investment needs and a history of insider selling have increased scrutiny of its valuation and commercialization schedule. Oklo Proves It Can Build a Reactor in 11 Months But Power Revenue Is Years Away
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Sei Investments Co. boosted its stake in Oklo by 344.6% during the first quarter. Sei Investments Co. now owns 50,096 shares of the company's stock worth $2,484,000 after buying an additional 38,829 shares in the last quarter. DNB Asset Management AS raised its stake in shares of Oklo by 151.7% in the 4th quarter. DNB Asset Management AS now owns 28,625 shares of the company's stock valued at $2,054,000 after buying an additional 17,253 shares in the last quarter. M&T Bank Corp raised its stake in shares of Oklo by 740.6% in the 4th quarter. M&T Bank Corp now owns 22,638 shares of the company's stock valued at $1,625,000 after buying an additional 19,945 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Oklo by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company's stock worth $835,107,000 after acquiring an additional 44,036 shares during the period. Finally, Danske Bank A S bought a new position in shares of Oklo during the 4th quarter worth about $2,992,000. 85.03% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently weighed in on OKLO shares. Canaccord Genuity Group cut their price objective on Oklo from $125.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, August 10th. Barclays decreased their target price on Oklo from $82.00 to $76.00 and set an "overweight" rating for the company in a research report on Wednesday, July 22nd. Guggenheim began coverage on Oklo in a report on Thursday, June 25th. They set a "neutral" rating on the stock. UBS Group reduced their price objective on shares of Oklo from $60.00 to $55.00 and set a "neutral" rating for the company in a research note on Thursday, June 11th. Finally, Bank of America initiated coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a "buy" rating and a $80.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Oklo presently has an average rating of "Moderate Buy" and an average target price of $85.03.
Get Our Latest Stock Report on Oklo
Oklo Company Profile
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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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