Oklo (NYSE:OKLO) CEO Jacob Dewitte Sells 231,657 Shares

Oklo Inc. (NYSE:OKLOGet Free Report) CEO Jacob Dewitte sold 231,657 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $99.25, for a total transaction of $22,991,957.25. Following the completion of the transaction, the chief executive officer directly owned 827,019 shares of the company’s stock, valued at approximately $82,081,635.75. This trade represents a 21.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Thursday, January 8th, Jacob Dewitte sold 3,455 shares of Oklo stock. The shares were sold at an average price of $100.01, for a total value of $345,534.55.
  • On Thursday, January 8th, Jacob Dewitte sold 1,255 shares of Oklo stock. The stock was sold at an average price of $100.00, for a total value of $125,500.00.
  • On Wednesday, January 7th, Jacob Dewitte sold 92,005 shares of Oklo stock. The stock was sold at an average price of $98.03, for a total transaction of $9,019,250.15.
  • On Monday, January 5th, Jacob Dewitte sold 200,000 shares of Oklo stock. The shares were sold at an average price of $90.29, for a total transaction of $18,058,000.00.
  • On Monday, December 22nd, Jacob Dewitte sold 840,000 shares of Oklo stock. The shares were sold at an average price of $82.32, for a total transaction of $69,148,800.00.

Oklo Stock Performance

Shares of Oklo stock traded up $7.69 during trading hours on Friday, reaching $105.29. The company’s stock had a trading volume of 33,857,675 shares, compared to its average volume of 17,841,695. Oklo Inc. has a one year low of $17.42 and a one year high of $193.84. The company’s 50 day simple moving average is $93.96 and its 200 day simple moving average is $92.43. The stock has a market cap of $16.45 billion, a P/E ratio of -194.97 and a beta of 0.76.

Oklo (NYSE:OKLOGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period last year, the company earned ($0.08) earnings per share. On average, sell-side analysts predict that Oklo Inc. will post -8.2 earnings per share for the current fiscal year.

More Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: Oklo announced an agreement with Meta to support development of a 1.2 GW nuclear power campus in Pike County, Ohio; the deal includes a mechanism for Meta to prepay for power and provide funding that Oklo will use to secure nuclear fuel — a near-term commercial validation and funding flow for Oklo’s Aurora deployment. Oklo, Meta Announce Agreement in Support of 1.2 GW Nuclear Energy Development
  • Positive Sentiment: Meta signed multi-company nuclear power deals (Oklo, TerraPower, Vistra) expected to support up to ~6.6 GW of clean energy by 2035 for its AI “supercluster” in Ohio — a major anchor customer signal for advanced nuclear providers and potential long-term offtake for Oklo. Meta signs deals with three nuclear companies for 6-plus GW of power
  • Positive Sentiment: Market coverage (Barron’s, MarketWatch, CNBC-style pieces) emphasized the strategic importance of nuclear power for hyperscalers’ AI power needs, increasing investor attention and buying momentum in Oklo stock. Oklo Lands Nuclear Deal With Meta Platforms
  • Neutral Sentiment: Coverage highlights broader industry deals (Vistra, TerraPower) and context that Meta is diversifying suppliers; Oklo benefits but is one of three partners rather than the sole supplier. Meta Signs Deals With 3 Nuclear Energy Companies to Power Data Centers
  • Neutral Sentiment: Oklo’s recent publicity follows large share-price gains and volatility; analysts and outlets are raising valuation questions and urging caution around execution timelines and funding needs. Oklo (OKLO) Valuation Check After Sharp Recent Share Price Swings
  • Negative Sentiment: Operational/financial risk remains: Oklo reports losses (recent EPS misses and an expected negative EPS for the year), long development timelines for licensed reactors, and capital intensity — factors that could pressure the stock if project milestones or funding don’t materialize. Why OKLO Stock Is Soaring Today

Institutional Investors Weigh In On Oklo

A number of institutional investors have recently added to or reduced their stakes in OKLO. Vanguard Group Inc. grew its stake in Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after buying an additional 2,901,909 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Oklo by 71.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after acquiring an additional 2,968,981 shares in the last quarter. Van ECK Associates Corp grew its position in Oklo by 61.0% during the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after acquiring an additional 1,316,867 shares during the last quarter. Geode Capital Management LLC grew its position in Oklo by 195.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company’s stock worth $125,906,000 after acquiring an additional 1,488,482 shares during the last quarter. Finally, State Street Corp increased its holdings in Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. 85.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on OKLO shares. B. Riley boosted their price target on Oklo from $58.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Citigroup restated a “neutral” rating on shares of Oklo in a report on Monday, November 24th. Wedbush reaffirmed an “outperform” rating on shares of Oklo in a research report on Friday. Canaccord Genuity Group began coverage on shares of Oklo in a research report on Thursday, October 9th. They issued a “buy” rating and a $175.00 price target on the stock. Finally, Seaport Res Ptn raised shares of Oklo from a “hold” rating to a “strong-buy” rating in a report on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $102.13.

Read Our Latest Stock Analysis on Oklo

About Oklo

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Oklo (NYSE:OKLO)

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