Oklo (NYSE:OKLO) Insider Alexandra Renner Sells 688 Shares of Company Stock

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 688 shares of Oklo stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $30.75, for a total transaction of $21,156.00. Following the completion of the sale, the insider owned 478,428 shares in the company, valued at $14,711,661. This trade represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alexandra Renner also recently made the following trade(s):

• On Monday, September 28th, Alexandra Renner sold 1,100 shares of Oklo stock. The shares were sold at an average price of $37.39, for a total value of $41,129.00.
• On Tuesday, September 1st, Alexandra Renner sold 1,930 shares of Oklo stock. The shares were sold at an average price of $38.40, for a total transaction of $74,112.00.
• On Monday, August 24th, Alexandra Renner sold 557 shares of Oklo stock. The stock was sold at an average price of $39.77, for a total value of $22,151.89.

Oklo Stock Up 3.6%

OKLO opened at $30.10 on Friday. Oklo Inc. has a 12-month low of $27.52 and a 12-month high of $176.35. The business has a 50 day moving average of $39.36 and a 200-day moving average of $50.54. The stock has a market cap of $5.60 billion, a price-to-earnings ratio of -32.02 and a beta of 1.20.

Oklo (NYSE:OKLO) last posted 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 company had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. During the same quarter in the previous year, the firm earned ($0.18) earnings per share. The company’s revenue was up 11900.0% compared to the same quarter last year. As a group, analysts expect that Oklo Inc. will post -1.02 earnings per share for the current year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The U.S. Department of Energy selected Oklo’s Groves 2 Forge isotope-production facility for advancement under its Nuclear Energy Launch Pad initiative. The project could expand Oklo’s business into medical and other high-value isotopes, providing a potential revenue stream beyond electricity generation. Oklo Advances Isotope Production Facility Under DOE Nuclear Initiative
• Positive Sentiment: Progress on reactor milestones, critical-material procurement and laboratory capabilities supports Oklo’s isotope strategy. Separately, long-term nuclear power agreements being pursued with major technology companies, including Meta, remain potential commercial catalysts. Oklo Selected by DOE to Build Groves 2 Forge
• Neutral Sentiment: Google’s renewed commitment to nuclear power through agreements involving Constellation Energy highlights improving industry demand, although the deals focus on established or separately developed reactors and do not directly secure near-term revenue for Oklo. Google Signed a Deal for Existing Reactors
• Negative Sentiment: Oklo launched another stock sale of up to approximately $1 billion. While the offering can strengthen its cash position, issuing shares at a lower price increases dilution risk for existing shareholders and reinforces concerns about the company’s substantial future funding needs. Oklo Launched Another $1 Billion Stock Sale
• Negative Sentiment: Rising long-term Treasury yields have pressured nuclear and other long-duration growth stocks because higher rates reduce the present value of distant cash flows. Oklo’s early-stage projects are particularly sensitive to this shift. Nuclear Stocks Face Pressure as Treasury Yields Rise
• Negative Sentiment: Insiders reported small, planned sales to cover tax withholding on vested equity awards. Alexandra Renner sold 688 shares, while General Counsel Vivek Narayanadas sold 364 shares under a Rule 10b5-1 plan; these transactions are modest but add to negative headline sentiment. Oklo Insider Filing

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Citigroup decreased their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Piper Sandler reiterated an “overweight” rating on shares of Oklo in a research note on Thursday, October 1st. Guggenheim started coverage on Oklo in a report on Thursday, June 25th. They set a “neutral” rating for the company. Finally, Canaccord Genuity Group dropped their price target on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $82.44.

Hedge Funds Weigh In On Oklo

Several institutional investors and hedge funds have recently modified their holdings of OKLO. Costello Asset Management INC grew its position in shares of Oklo by 66.7% during the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Oklo in the fourth quarter valued at approximately $32,000. Ascentis Independent Advisors acquired a new stake in shares of Oklo in the first quarter valued at approximately $33,000. GK Wealth Management LLC acquired a new stake in shares of Oklo in the third quarter valued at approximately $69,000. Finally, MCF Advisors LLC boosted its stake in shares of Oklo by 201.0% in the second quarter. MCF Advisors LLC now owns 1,559 shares of the company’s stock valued at $82,000 after buying an additional 1,041 shares during the period. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Oklo Company Profile

Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.

The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.