Oklo (NYSE:OKLO) Shares Down 7.4% – Time to Sell?

Oklo Inc. (NYSE:OKLO)’s share price fell 7.4% on Friday . The stock traded as low as $61.73 and last traded at $62.26. 11,750,105 shares changed hands during trading, an increase of 0% from the average session volume of 11,731,169 shares. The stock had previously closed at $67.21.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: HC Wainwright raised multiple earnings estimates for Oklo, kept a Buy rating, and reiterated a $90 price target, suggesting analysts are becoming more constructive on the company’s path forward. JPMorgan Stops Short Of Turning Bullish On Oklo (OKLO) Despite Strong SMR Outlook, Check Out Why
• Positive Sentiment: Oklo continues to benefit from improved regulatory visibility after the NRC approved its Principal Design Criteria topical report for the Aurora powerhouse, which reduces execution risk for its advanced reactor plans. JPMorgan Stops Short Of Turning Bullish On Oklo (OKLO) Despite Strong SMR Outlook, Check Out Why
• Positive Sentiment: Oklo announced a partnership with Idaho National Laboratory to use an AI platform to accelerate reactor and fuel-system design work, a development that supports the bull case around commercialization and faster engineering progress. Oklo (OKLO) Partners With INL to Accelerate Advanced Reactor Design Using AI platform
• Neutral Sentiment: Market commentary continues to highlight Oklo as a high-upside nuclear energy name tied to growing interest in decentralized power and AI-driven electricity demand, but these articles are mostly thematic rather than new company-specific catalysts. The Power Grid Is Dying—Is It Time to Buy Its Replacement? (OKLO)
• Negative Sentiment: Investor concern remains focused on Oklo’s widening losses, cash burn, and a new $1 billion at-the-market equity offering, which could dilute shareholders and signals the company still needs substantial funding before meaningful revenue arrives. A Look At Oklo (OKLO) Valuation As Equity Raise And Nuclear Projects Gain Commercial Momentum

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on OKLO. HSBC started coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 price target on shares of Oklo in a research report on Wednesday. Canaccord Genuity Group reduced their price target on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Citigroup boosted their price target on shares of Oklo from $73.50 to $76.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Craig Hallum restated a “hold” rating on shares of Oklo in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Oklo presently has an average rating of “Moderate Buy” and a consensus price target of $85.33.

Oklo Stock Down 7.4%

The stock’s 50-day moving average price is $60.99 and its 200-day moving average price is $79.20. The company has a market capitalization of $10.83 billion, a price-to-earnings ratio of -74.12 and a beta of 1.16.

Oklo (NYSE:OKLO) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same quarter last year, the business earned ($0.07) EPS. On average, equities research analysts anticipate that Oklo Inc. will post -0.76 EPS for the current year.

Insider Buying and Selling at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 16,342 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total value of $834,749.36. Following the completion of the sale, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $19,717,288.64. This represents a 4.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jacob Dewitte sold 140,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the completion of the sale, the chief executive officer directly owned 598,039 shares of the company’s stock, valued at $42,161,749.50. The trade was a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 809,040 shares of company stock valued at $49,162,094. Corporate insiders own 18.90% of the company’s stock.

Institutional Investors Weigh In On Oklo

Large investors have recently made changes to their positions in the stock. NBC Securities Inc. increased its position in shares of Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. Costello Asset Management INC increased its position in shares of Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Oklo by 356.3% during the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after acquiring an additional 285 shares in the last quarter. Gables Capital Management Inc. bought a new stake in shares of Oklo during the third quarter worth $28,000. Finally, Nemes Rush Group LLC bought a new stake in shares of Oklo during the third quarter worth $28,000. Institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

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.