Oklo Inc. (NYSE:OKLO – Get Free Report)’s stock price rose 1.9% during mid-day trading on Wednesday . The company traded as high as $100.69 and last traded at $97.4450. Approximately 13,276,431 shares were traded during trading, a decline of 16% from the average daily volume of 15,829,043 shares. The stock had previously closed at $95.60.
More Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Policy-driven rally: reports that a Trump-era nuclear funding push (and related ETF flows tied to OKLO) drove heavy retail/institutional inflows, amplifying sector momentum and lifting Oklo. Read More.
- Positive Sentiment: DOE partnership: Oklo signed an Other Transaction Agreement with the U.S. Department of Energy to design, build and operate a radioisotope pilot facility — a concrete program win that expands commercial pathways (medical isotopes) beyond power markets. Read More.
- Positive Sentiment: Technology credibility: analyst write-ups highlight Oklo’s fast-reactor design as leveraging proven reactor systems and offering waste-recycling and safety attributes — supports the long-term technical thesis for investors. Read More.
- Positive Sentiment: Supply-side tailwind: reports on a $2.7B federal push to expand domestic uranium enrichment reduce upstream supply risk for SMR developers and helped lift sector sentiment. Read More.
- Neutral Sentiment: Thematic demand story: commentaries tie SMRs to AI/data-center power needs, reinforcing thematic buying; useful for narrative but not an immediate revenue driver. Read More.
- Neutral Sentiment: Momentum and visibility: retail and media coverage (TipRanks/InsiderMonkey/MSN/Yahoo) has amplified trading volume and attention — supports short-term moves but may exaggerate volatility. Read More.
- Negative Sentiment: Insider selling: CEO Jacob Dewitte sold 200,000 shares (~$18M), trimming his stake ~11.9% — a potential signal for some investors and a stick on sentiment despite his remaining large ownership. Read More.
- Negative Sentiment: Regulatory risk: coverage noting a prolonged NRC approval timeline raises execution risk — delays to licensing or deployment could push out commercialization and cash-flow expectations. Read More.
Analyst Ratings Changes
A number of research firms have weighed in on OKLO. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a report on Wednesday, October 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $122.00 price objective on shares of Oklo in a research note on Wednesday, November 12th. Canaccord Genuity Group assumed coverage on shares of Oklo in a research note on Thursday, October 9th. They issued a “buy” rating and a $175.00 target price on the stock. UBS Group boosted their price target on shares of Oklo from $65.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Wedbush reiterated an “outperform” rating and issued a $150.00 price objective on shares of Oklo in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Oklo has an average rating of “Hold” and an average price target of $102.87.
Oklo Price Performance
The stock has a market capitalization of $15.23 billion, a PE ratio of -180.45 and a beta of 0.76. The firm’s 50 day simple moving average is $95.68 and its 200 day simple moving average is $92.36.
Oklo (NYSE:OKLO – Get Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same period last year, the company earned ($0.08) EPS. Analysts expect that Oklo Inc. will post -8.2 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CFO Richard Craig Bealmear sold 69,841 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $78.40, for a total transaction of $5,475,534.40. Following the completion of the sale, the chief financial officer directly owned 202,072 shares in the company, valued at $15,842,444.80. This represents a 25.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jacob Dewitte sold 840,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 1,580,000 shares in the company, valued at $130,065,600. The trade was a 34.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,132,800 shares of company stock valued at $94,813,480 over the last three months. 18.90% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in OKLO. Plancorp LLC increased its position in shares of Oklo by 1.2% during the third quarter. Plancorp LLC now owns 6,089 shares of the company’s stock valued at $680,000 after buying an additional 73 shares during the period. Parkside Financial Bank & Trust boosted its position in Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock valued at $293,000 after acquiring an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC grew its holdings in shares of Oklo by 1.5% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock worth $789,000 after acquiring an additional 101 shares during the period. Rossby Financial LCC raised its position in shares of Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after acquiring an additional 150 shares in the last quarter. Finally, Perennial Investment Advisors LLC lifted its stake in shares of Oklo by 3.4% in the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company’s stock valued at $522,000 after purchasing an additional 154 shares during the period. 85.03% of the stock is currently owned by institutional investors.
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.
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