Alexandra Renner Sells 1,930 Shares of Oklo (NYSE:OKLO) Stock

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 1,930 shares of Oklo stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $38.40, for a total value of $74,112.00. Following the completion of the sale, the insider directly owned 475,022 shares of the company’s stock, valued at approximately $18,240,844.80. The trade was a 0.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 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, 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 0.9%

Shares of NYSE OKLO traded up $0.37 during trading on Thursday, reaching $39.89. 6,867,170 shares of the company traded hands, compared to its average volume of 11,305,931. The firm has a 50 day simple moving average of $44.55 and a 200-day simple moving average of $55.78. Oklo Inc. has a 52-week low of $36.61 and a 52-week high of $193.84. The stock has a market capitalization of $7.42 billion, a PE ratio of -42.44 and a beta of 1.18.

Oklo (NYSE:OKLO) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $0.09 million. The firm’s revenue for the quarter was up 11900.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.18) EPS. As a group, research analysts predict that Oklo Inc. will post -0.9 EPS for the current year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Continued attention on the nuclear-power sector could support Oklo’s long-term investment case, as utilities and investors increasingly focus on advanced reactors and small modular reactors. Nuclear Stocks To Consider – August 31st
• Neutral Sentiment: Holtec’s planned initial public offering introduces another publicly traded nuclear company with existing revenue and ambitions in small modular reactors. The offering may expand sector visibility, although investor interest and valuation could shift toward the new rival. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector A New Nuclear Rival Recently Filed to Go Public
• Negative Sentiment: Oklo CEO Jacob DeWitte sold 120,000 shares in two transactions for approximately $4.63 million, reducing his reported holdings by about 25% across the filings. Separately, Chief Product Officer Alexandra Renner sold 1,930 shares worth roughly $74,000. Multiple insider sales can reinforce concerns about near-term valuation and confidence, even though they do not necessarily indicate a change in business fundamentals. Jacob DeWitte insider transactions OKLO Stock Heads For 4th Week In Red
• Negative Sentiment: OKLO reportedly has one of the highest short-interest levels in the utilities sector. That signals substantial bearish positioning and may pressure the shares, although it also creates the possibility of sharp gains if favorable company news triggers short covering. OKLO and BKH Draw Highest Short Interest
• Negative Sentiment: Oklo filed a complaint with the Federal Energy Regulatory Commission after PJM removed an Oklo project from its interconnection queue. The dispute highlights permitting and grid-connection risks that could delay project development and revenue generation. Oklo Files FERC Complaint After PJM Removes Project from Interconnection Queue

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on OKLO shares. Wedbush restated an “outperform” rating and set a $110.00 target price on shares of Oklo in a research report on Tuesday, May 26th. UBS Group decreased their target price on Oklo from $60.00 to $55.00 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Bank of America initiated coverage on Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research note on Wednesday, May 13th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.03.

Institutional Trading of Oklo

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gilpin Wealth Management LLC purchased a new position in shares of Oklo during the fourth quarter valued at about $29,000. Wilmington Savings Fund Society FSB bought a new position in Oklo during the third quarter valued at approximately $45,000. Triumph Capital Management bought a new position in Oklo during the third quarter valued at approximately $49,000. SHP Wealth Management purchased a new position in Oklo during the 4th quarter valued at approximately $32,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Oklo in the 4th quarter worth approximately $35,000. 85.03% of the stock is currently owned by institutional investors.

About Oklo

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.