Oklo (NYSE:OKLO) General Counsel Sells $27,056.50 in Stock

Key Points

  • Oklo’s general counsel sold 1,021 shares at an average price of $26.50, generating $27,056.50. The Rule 10b5-1 transaction reduced his ownership by 8.73% to 10,669 shares.
  • Oklo shares opened at $26.89, near their 52-week low of $26.31 and well below the 52-week high of $152.06. The company remains unprofitable after reporting a larger-than-expected quarterly loss despite sharply higher revenue.
  • Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $78.47, but several firms recently cut their targets, including Truist to $31 and Citigroup to $33.

Oklo Inc. (NYSE:OKLO - Get Free Report) General Counsel Vivek Narayanadas sold 1,021 shares of the business's stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $26.50, for a total transaction of $27,056.50. Following the transaction, the general counsel owned 10,669 shares in the company, valued at approximately $282,728.50. This trade represents a 8.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vivek Narayanadas also recently made the following trade(s):

  • On Monday, October 19th, Vivek Narayanadas sold 2,359 shares of Oklo stock. The stock was sold at an average price of $27.63, for a total transaction of $65,179.17.
  • On Friday, October 9th, Vivek Narayanadas sold 364 shares of Oklo stock. The shares were sold at an average price of $34.69, for a total transaction of $12,627.16.
  • On Tuesday, October 6th, Vivek Narayanadas sold 288 shares of Oklo stock. The shares were sold at an average price of $37.29, for a total transaction of $10,739.52.
  • On Monday, October 5th, Vivek Narayanadas sold 649 shares of Oklo stock. The stock was sold at an average price of $35.93, for a total transaction of $23,318.57.
  • On Wednesday, September 9th, Vivek Narayanadas sold 365 shares of Oklo stock. The shares were sold at an average price of $43.31, for a total value of $15,808.15.
  • On Tuesday, September 8th, Vivek Narayanadas sold 238 shares of Oklo stock. The shares were sold at an average price of $42.06, for a total transaction of $10,010.28.
  • On Friday, September 4th, Vivek Narayanadas sold 538 shares of Oklo stock. The stock was sold at an average price of $39.88, for a total transaction of $21,455.44.
  • On Tuesday, August 25th, Vivek Narayanadas sold 223 shares of Oklo stock. The stock was sold at an average price of $40.80, for a total transaction of $9,098.40.
  • On Monday, August 24th, Vivek Narayanadas sold 3,264 shares of Oklo stock. The stock was sold at an average price of $39.77, for a total transaction of $129,809.28.

Oklo Stock Performance




Shares of OKLO stock opened at $26.89 on Friday. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of -28.61 and a beta of 1.20. Oklo Inc. has a 52 week low of $26.31 and a 52 week high of $152.06. The firm's 50-day simple moving average is $37.47 and its two-hundred day simple moving average is $49.82.

Oklo (NYSE:OKLO - Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to analysts' expectations of $0.09 million. The firm's revenue for the quarter was up 11900.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.18) earnings per share. Analysts forecast that Oklo Inc. will post -1.00 earnings per share for the current year.

Institutional Investors Weigh In On Oklo

A number of institutional investors have recently made changes to their positions in the business. Wedbush Securities Inc. grew its holdings in shares of Oklo by 7.6% during the 3rd quarter. Wedbush Securities Inc. now owns 31,823 shares of the company's stock valued at $1,178,000 after purchasing an additional 2,252 shares during the last quarter. Inspire Investing LLC lifted its stake in Oklo by 117.4% in the third quarter. Inspire Investing LLC now owns 10,910 shares of the company's stock worth $404,000 after purchasing an additional 5,891 shares during the last quarter. OLD Second National Bank of Aurora boosted its position in Oklo by 142.1% during the third quarter. OLD Second National Bank of Aurora now owns 1,029 shares of the company's stock valued at $38,000 after buying an additional 604 shares during the period. Insight Advisors LLC PA purchased a new stake in Oklo during the third quarter valued at about $213,000. Finally, Sowell Financial Services LLC boosted its position in Oklo by 8.3% during the third quarter. Sowell Financial Services LLC now owns 25,246 shares of the company's stock valued at $935,000 after buying an additional 1,933 shares during the period. Hedge funds and other institutional investors own 85.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on OKLO. Truist Financial dropped their price target on Oklo from $51.00 to $31.00 and set a "hold" rating for the company in a research report on Thursday. Citigroup cut their target price on shares of Oklo from $57.50 to $33.00 and set a "neutral" rating for the company in a research report on Wednesday. HC Wainwright restated a "buy" rating and set a $90.00 price target on shares of Oklo in a research report on Monday, August 10th. Barclays dropped their price target on Oklo from $76.00 to $59.00 and set an "overweight" rating for the company in a research note on Tuesday. Finally, Canaccord Genuity Group decreased their price objective on Oklo from $125.00 to $100.00 and set a "buy" rating on the stock in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $78.47.

View Our Latest Stock Report on OKLO

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: ARK Investment Management purchased Oklo shares for approximately $3.42 million across several exchange-traded funds. The buying provides a vote of confidence from a prominent growth-oriented investor, although it may have limited impact relative to broader analyst concerns. ARK Invest adds nuclear stocks
  • Positive Sentiment: Oklo is advancing its Groves 2 Forge isotope-production facility through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project could expand Oklo’s opportunity into medical isotopes and strengthen its relationship with federal nuclear programs, though it is unlikely to generate meaningful near-term revenue. Oklo Groves 2 Forge DOE role
  • Neutral Sentiment: Oklo’s customer pipeline reportedly spans multiple gigawatts, and its regulatory path has cleared important hurdles. However, the company still faces major milestones involving licensing, construction and financing before those prospects translate into operating revenue. Oklo advanced nuclear opportunity
  • Neutral Sentiment: General Counsel Vivek Narayanadas sold 1,021 shares valued at approximately $27,057 under a pre-arranged Rule 10b5-1 trading plan. The scheduled transaction followed an earlier tax-related sale and reduces its importance as a discretionary insider-confidence signal. SEC Form 4 filing
  • Negative Sentiment: Truist cut its Oklo price target from $51 to $31 and retained a Hold rating ahead of third-quarter earnings. Truist became the fourth firm in four days to reduce its target, following similar moves by Piper Sandler, Barclays and Citigroup. The revisions signal declining confidence in Oklo’s valuation and near-term execution. Truist cuts Oklo price target
  • Negative Sentiment: Oklo remains unprofitable, and its latest quarterly loss exceeded analyst expectations despite sharply higher revenue. With earnings dependent on future reactor projects, investors remain sensitive to execution risk and the possibility of additional estimate or valuation cuts.

About Oklo

(Get Free Report)

Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.

The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.

See Also

Insider Buying and Selling by Quarter for Oklo (NYSE:OKLO)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Oklo?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Oklo and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles