Oklo (NYSE:OKLO) General Counsel Vivek Narayanadas Sells 1,021 Shares of Stock

Oklo Inc. (NYSE:OKLO) General Counsel Vivek Narayanadas sold 1,021 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $26.50, for a total transaction of $27,056.50. Following the sale, the general counsel directly owned 10,669 shares of the company’s stock, valued at approximately $282,728.50. This trade represents a 8.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 shares were 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 stock was sold at an average price of $43.31, for a total transaction 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 shares were 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 shares were 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 Price Performance

OKLO stock opened at $26.89 on Friday. The company’s 50-day moving average is $37.47 and its 200-day moving average is $49.82. The stock has a market capitalization of $5.00 billion, a PE ratio of -28.61 and a beta of 1.20. Oklo Inc. has a 1 year low of $26.31 and a 1 year high of $152.06.

Oklo (NYSE:OKLO) last issued its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. During the same period in the previous year, the company posted ($0.18) EPS. Oklo’s revenue for the quarter was up 11900.0% compared to the same quarter last year. On average, analysts anticipate that Oklo Inc. will post -1.00 earnings per share for the current fiscal year.

Oklo News Roundup

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.

Wall Street Analyst Weigh In

A number of brokerages have commented on OKLO. Barclays reduced their price objective on Oklo from $76.00 to $59.00 and set an “overweight” rating for the company in a research note on Tuesday. HC Wainwright reaffirmed a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Monday, August 10th. Guggenheim assumed coverage on Oklo in a research report on Thursday, June 25th. They set a “neutral” rating on the stock. UBS Group cut their target price on Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday, September 25th. Finally, Citigroup reduced their price target on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.47.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OKLO. Wedbush Securities Inc. grew its holdings in Oklo by 7.6% during the third quarter. Wedbush Securities Inc. now owns 31,823 shares of the company’s stock worth $1,178,000 after buying an additional 2,252 shares in the last quarter. Inspire Investing LLC raised its position in Oklo by 117.4% in the 3rd quarter. Inspire Investing LLC now owns 10,910 shares of the company’s stock valued at $404,000 after buying an additional 5,891 shares during the last quarter. OLD Second National Bank of Aurora lifted its stake in Oklo by 142.1% during the 3rd quarter. OLD Second National Bank of Aurora now owns 1,029 shares of the company’s stock valued at $38,000 after acquiring an additional 604 shares in the last quarter. Insight Advisors LLC PA bought a new position in Oklo during the 3rd quarter valued at $213,000. Finally, Sowell Financial Services LLC lifted its stake in Oklo by 8.3% during the 3rd quarter. Sowell Financial Services LLC now owns 25,246 shares of the company’s stock valued at $935,000 after acquiring an additional 1,933 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

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.