Oklo (NYSE:OKLO) Stock: Insider Alexandra Renner Sells 688 Shares

Oklo Inc. (NYSE:OKLO) insider Alexandra Renner sold 688 shares of the stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $30.75, for a total value of $21,156.00. Following the completion of the transaction, the insider directly owned 478,428 shares in the company, valued at approximately $14,711,661. This trade represents a 0.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Alexandra Renner also recently made the following trade(s):

• On Monday, September 28th, Alexandra Renner sold 1,100 shares of Oklo stock. The stock was sold at an average price of $37.39, for a total value of $41,129.00.
• On Tuesday, September 1st, Alexandra Renner sold 1,930 shares of Oklo stock. The stock was sold at an average price of $38.40, for a total value of $74,112.00.
• On Monday, August 24th, Alexandra Renner sold 557 shares of Oklo stock. The shares were sold at an average price of $39.77, for a total value of $22,151.89.

Oklo Price Performance

Shares of OKLO stock traded down $2.06 during mid-day trading on Friday, hitting $27.95. The stock had a trading volume of 9,498,090 shares, compared to its average volume of 9,922,641. Oklo Inc. has a 12-month low of $27.52 and a 12-month high of $171.65. The firm has a market capitalization of $5.20 billion, a P/E ratio of -29.73 and a beta of 1.20. The firm’s 50-day moving average is $38.95 and its two-hundred day moving average is $50.38.

Oklo (NYSE:OKLO) last posted its quarterly 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 firm had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. The company’s quarterly revenue was up 11900.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.18) earnings per share. Analysts expect that Oklo Inc. will post -1.02 EPS for the current year.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The U.S. Department of Energy selected Oklo’s Groves 2 Forge isotope-production facility for advancement under its Nuclear Energy Launch Pad initiative. The project could expand Oklo beyond electricity generation into medical and other high-value isotopes, creating a potential long-term revenue stream. Oklo Selected by DOE to Build Groves 2 Forge
• Neutral Sentiment: Analyst sentiment remains broadly constructive, with a reported average price target of $82.44 and a “Moderate Buy” consensus. However, Oklo remains an early-stage, loss-making company, and its latest quarterly earnings missed expectations despite sharply higher year-over-year revenue.
• Negative Sentiment: Oklo launched a stock sale of up to approximately $1 billion. The financing can extend the company’s cash runway, but issuing additional shares increases dilution risk. The company has reportedly diluted shareholders substantially since its SPAC debut, intensifying concerns about future capital requirements. Oklo Launches Fresh $1 Billion Stock Sale
• Negative Sentiment: Insider Alexandra Renner sold 688 shares for about $21,156 to cover tax withholding tied to vested equity awards. The transaction reduced her holdings by only 0.14% and is not necessarily a bearish signal, but it adds negative headline pressure alongside several recent insider sales. Oklo Insider Sale
• Negative Sentiment: Higher Treasury yields are weighing on long-duration growth stocks such as Oklo because they reduce the present value of cash flows expected from projects that are still years from commercial operation.

Institutional Trading of Oklo

Institutional investors have recently modified their holdings of the company. SHP Wealth Management bought a new position in shares of Oklo during the 4th quarter worth approximately $32,000. Costello Asset Management INC lifted its position in Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in Oklo in the first quarter valued at approximately $33,000. TD Waterhouse Canada Inc. boosted its stake in Oklo by 200.5% in the third quarter. TD Waterhouse Canada Inc. now owns 1,124 shares of the company’s stock valued at $41,000 after acquiring an additional 750 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its stake in Oklo by 45.5% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock valued at $107,000 after acquiring an additional 465 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

OKLO has been the topic of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. Piper Sandler restated an “overweight” rating on shares of Oklo in a report on Thursday, October 1st. Citigroup lowered their price target on shares of Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a research report on Monday, August 10th. Truist Financial set a $51.00 price objective on shares of Oklo in a research note on Monday, September 28th. Finally, HC Wainwright reiterated a “buy” rating and set a $90.00 price objective on shares of Oklo in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $82.44.

About Oklo

Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.

The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.