Oklo (NYSE:OKLO) CEO Jacob Dewitte Sells 840,000 Shares

Oklo Inc. (NYSE:OKLO) CEO Jacob Dewitte sold 840,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $82.32, for a total transaction of $69,148,800.00. Following the transaction, the chief executive officer directly owned 1,580,000 shares of the company’s stock, valued at $130,065,600. The trade was a 34.71% 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 link.

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

• On Tuesday, September 30th, Jacob Dewitte sold 300,000 shares of Oklo stock. The shares were sold at an average price of $112.26, for a total transaction of $33,678,000.00.

Oklo Stock Down 1.9%

OKLO traded down $1.57 during trading on Tuesday, hitting $81.87. The company’s stock had a trading volume of 6,573,193 shares, compared to its average volume of 9,886,198. Oklo Inc. has a one year low of $17.42 and a one year high of $193.84. The firm has a market cap of $12.79 billion, a PE ratio of -151.62 and a beta of 0.73. The business’s 50 day simple moving average is $108.77 and its 200-day simple moving average is $91.11.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same quarter in the previous year, the firm earned ($0.08) earnings per share. Equities research analysts expect that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Cathie Wood/ARK purchased Oklo shares (small but high‑profile buy) — ARK’s moves and reporting show renewed institutional interest that can support the stock and attract momentum investors. Cathie Wood invests $8.9 million in nuclear energy giant Oklo
• Positive Sentiment: ARK sold Tesla and added Oklo (and Rocket Lab) to its funds — confirmation that an influential ETF manager is reallocating into nuclear/infrastructure names, which can boost demand for shares. Cathie Wood’s ARK sells Tesla stock, buys Oklo and Rocket Lab
• Positive Sentiment: Bullish retail/analyst coverage highlights big upside if Oklo’s microreactors win commercial demand and regulatory approval — useful for sentiment and retail flows but highly speculative until NRC licensing and revenue milestones are achieved. This Nuclear Stock Could Turn $1,000 Into $100,000
• Neutral Sentiment: Industry narrative: coverage positioning Oklo as part of a shift toward “hard infrastructure” for AI and data centers — supportive context for long‑term demand but not an immediate revenue driver. THE RESILIENCE STACK: 5 Assets Fixing the AI Bottleneck
• Negative Sentiment: CEO Jacob Dewitte sold 840,000 shares at ~$82.32 (disclosed to the SEC), cutting his stake by ~34.7% — a very large insider sale that often weighs on near‑term sentiment. SEC filing for CEO sale
• Negative Sentiment: Additional insider selling: CFO reported sales totaling several million dollars across recent filings — adds to sell pressure and raises questions for some investors about insider timing. CFO sells $5.48M in stock CFO sells $397k in stock

Analyst Upgrades and Downgrades

OKLO has been the topic of several analyst reports. Barclays set a $146.00 price objective on Oklo in a report on Monday, September 29th. UBS Group raised their price target on shares of Oklo from $65.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. The Goldman Sachs Group assumed coverage on shares of Oklo in a research report on Thursday, September 25th. They issued a “neutral” rating and a $117.00 price objective for the company. Seaport Res Ptn upgraded shares of Oklo from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. Finally, Canaccord Genuity Group started coverage on shares of Oklo in a research note on Thursday, October 9th. They set a “buy” rating and a $175.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Oklo has an average rating of “Hold” and a consensus target price of $102.87.

Institutional Investors Weigh In On Oklo

Large investors have recently modified their holdings of the company. Deutsche Bank AG grew its position in shares of Oklo by 161.7% during the first quarter. Deutsche Bank AG now owns 1,748 shares of the company’s stock worth $38,000 after acquiring an additional 1,080 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Oklo by 202.6% during the 1st quarter. Raymond James Financial Inc. now owns 314,794 shares of the company’s stock worth $6,809,000 after purchasing an additional 210,755 shares during the period. Jump Financial LLC acquired a new stake in Oklo during the 1st quarter worth $6,929,000. FORA Capital LLC purchased a new position in Oklo during the 1st quarter worth $3,076,000. Finally, CreativeOne Wealth LLC acquired a new position in Oklo in the first quarter valued at $304,000. 85.03% of the stock is owned by hedge funds and other 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.