Oklo (NYSE:OKLO) CEO Sells $9,870,000.00 in Stock

Posted by Caroline Horne on May 4th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the transaction, the chief executive officer directly owned 598,039 shares of the company’s stock, valued at approximately $42,161,749.50. This represents a 18.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Dewitte also recently made the following trade(s):

On Friday, May 1st, Jacob Dewitte sold 60,000 shares of Oklo stock. The stock was sold at an average price of $69.61, for a total transaction of $4,176,600.00.
On Wednesday, April 1st, Jacob Dewitte sold 140,000 shares of Oklo stock. The stock was sold at an average price of $50.39, for a total transaction of $7,054,600.00.
On Wednesday, April 1st, Jacob Dewitte sold 60,000 shares of Oklo stock. The stock was sold at an average price of $50.25, for a total transaction of $3,015,000.00.
On Friday, March 13th, Jacob Dewitte sold 44,828 shares of Oklo stock. The stock was sold at an average price of $60.00, for a total transaction of $2,689,680.00.
On Friday, March 13th, Jacob Dewitte sold 72,960 shares of Oklo stock. The stock was sold at an average price of $60.00, for a total transaction of $4,377,600.00.
On Monday, March 2nd, Jacob Dewitte sold 139,999 shares of Oklo stock. The stock was sold at an average price of $63.59, for a total transaction of $8,902,536.41.
On Monday, March 2nd, Jacob Dewitte sold 60,001 shares of Oklo stock. The shares were sold at an average price of $62.60, for a total transaction of $3,756,062.60.

Oklo Stock Down 2.5%

OKLO traded down $1.78 on Monday, reaching $68.62. 8,818,170 shares of the company traded hands, compared to its average volume of 11,442,306. Oklo Inc. has a one year low of $24.53 and a one year high of $193.84. The firm has a fifty day simple moving average of $59.72 and a two-hundred day simple moving average of $83.38. The company has a market cap of $11.93 billion, a P/E ratio of -95.30 and a beta of 1.16.

Oklo (NYSE:OKLO – Get Free Report) last posted its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter in the previous year, the company earned ($0.74) EPS. On average, equities analysts forecast that Oklo Inc. will post -0.75 earnings per share for the current year.

Institutional Investors Weigh In On Oklo

Several large investors have recently modified their holdings of the business. Caprock Group LLC bought a new position in shares of Oklo during the 3rd quarter worth approximately $14,829,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Oklo by 48.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock valued at $18,403,000 after acquiring an additional 54,080 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Oklo by 298.6% in the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock worth $2,612,000 after purchasing an additional 17,526 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Oklo during the third quarter worth $2,177,000. Finally, Van ECK Associates Corp increased its position in shares of Oklo by 61.0% during the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after purchasing an additional 1,316,867 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

More Oklo News

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo announced a partnership with NVIDIA and Los Alamos National Laboratory to explore using Oklo reactors and fuel R&D to support energy-hungry AI infrastructure — a strategic link to the fast-growing data-center market that could materially expand Oklo’s addressable market if commercialized. Oklo Links Nuclear Reactors To AI Growth With NVIDIA And LANL Partnership
Positive Sentiment: Market reaction to the NVIDIA/LANL collaboration briefly lifted shares as investors priced in potential long-term demand from AI data centers and possible funding/collaboration benefits. Oklo shares rise on Nvidia nuclear fuel partnership
Neutral Sentiment: Analysts published notes that see significant upside for Oklo but emphasized high execution, regulatory and funding risks — a balanced view that supports upside potential but keeps volatility high. Analysts see strong upside for Oklo despite high risks
Neutral Sentiment: Broader sector context: rising electricity demand from AI data centers is reshaping the power market and increasing interest in reliable, high-density power solutions — a structural tailwind for companies positioning around data-center energy. How AI Data Centers Are Reshaping The Power Market (And the 4 Plays Investors Are Making)
Negative Sentiment: High-profile media commentary, notably Jim Cramer calling Oklo “just too wild a trader,” is amplifying short-term skepticism and likely contributing to selling pressure and increased volatility among retail and speculative holders. Jim Cramer Says Oklo Is “Just Too Wild a Trader”

Wall Street Analyst Weigh In

Several equities analysts have recently commented on OKLO shares. The Goldman Sachs Group cut their price target on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Texas Capital upgraded shares of Oklo to a “strong-buy” rating in a report on Tuesday, January 27th. HSBC began coverage on shares of Oklo in a report on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price on the stock. HC Wainwright restated a “buy” rating and issued a $90.00 price target on shares of Oklo in a report on Wednesday, March 18th. Finally, Citigroup reduced their price target on shares of Oklo from $95.00 to $73.50 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Oklo presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.68.

View Our Latest Analysis 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.