Oklo (NYSE:OKLO) Stock: Insider Richard Craig Bealmear Sells 16,727 Shares

Oklo Inc. (NYSE:OKLO) CFO Richard Bealmear sold 16,727 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $25.55, for a total value of $427,374.85. Following the sale, the chief financial officer directly owned 467,261 shares in the company, valued at approximately $11,938,518.55. The trade was a 3.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Richard Craig Bealmear also recently made the following trade(s):

• On Tuesday, September 1st, Richard Bealmear sold 16,430 shares of Oklo stock. The stock was sold at an average price of $38.76, for a total value of $636,826.80.

Oklo Trading Down 12.3%

Oklo stock opened at $19.41 on Friday. The stock has a 50-day moving average price of $33.94 and a 200 day moving average price of $52.69. Oklo Inc. has a 52 week low of $18.53 and a 52 week high of $120.95. The stock has a market cap of $3.61 billion, a PE ratio of -20.64 and a beta of 1.31.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on OKLO shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. UBS Group reduced their price objective on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a research note on Friday, September 25th. TD Cowen assumed coverage on shares of Oklo in a research report on Monday, October 26th. They set a “hold” rating and a $26.00 target price on the stock. Citigroup lowered their target price on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Finally, Truist Financial cut their price target on Oklo from $51.00 to $31.00 and set a “hold” rating for the company in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Oklo has an average rating of “Moderate Buy” and an average target price of $69.72.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $36 price target, offering a more constructive view of Oklo’s potential, although the target was reportedly reduced substantially from $110. Wedbush coverage and price target
• Neutral Sentiment: CEO Jacob DeWitte and CFO Richard Bealmear sold shares under pre-arranged Rule 10b5-1 plans. The sales may draw attention, but the planned nature provides context; both executives retained substantial holdings. Insider transaction information
• Negative Sentiment: Reports that Democrats were projected to win Congress unsettled AI-power stocks, amid concerns that policy or market changes could slow data-center construction and electricity demand. Oklo may be particularly vulnerable because it has very little revenue today. Election concerns weigh on AI-power stocks
• Negative Sentiment: Investors are awaiting Oklo’s Q3 2026 report, with attention on development costs, project progress and its outlook. Concerns include a history of earnings misses and the challenge of turning reactor development into commercial revenue. Oklo Q3 earnings report preview

Hedge Funds Weigh In On Oklo

Several large investors have recently added to or reduced their stakes in the business. Sei Investments Co. boosted its holdings in Oklo by 344.6% in the first quarter. Sei Investments Co. now owns 50,096 shares of the company’s stock valued at $2,484,000 after acquiring an additional 38,829 shares during the last quarter. Bank of America Corp DE grew its position in Oklo by 55.3% during the first quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock valued at $30,760,000 after acquiring an additional 220,976 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Oklo during the second quarter worth about $2,096,000. Hsbc Holdings PLC increased its stake in Oklo by 1,184.4% during the fourth quarter. Hsbc Holdings PLC now owns 112,372 shares of the company’s stock worth $8,063,000 after acquiring an additional 103,623 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new stake in Oklo during the first quarter worth about $2,414,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

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.