Oklo (NYSE:OKLO) Stock Price Down 8.7% on Insider Selling

Oklo Inc. (NYSE:OKLO)’s stock price dropped 8.7% on Thursday after an insider sold shares in the company. The company traded as low as $61.68 and last traded at $62.2710. Approximately 11,348,564 shares traded hands during trading, a decline of 19% from the average daily volume of 14,082,623 shares. The stock had previously closed at $68.23.

Specifically, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $75.18, for a total value of $10,525,200.00. Following the transaction, the chief executive officer directly owned 739,023 shares of the company’s stock, valued at $55,559,749.14. This trade represents a 15.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jacob Dewitte sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $74.45, for a total transaction of $4,467,000.00. Following the sale, the chief executive officer directly owned 748,197 shares of the company’s stock, valued at approximately $55,703,266.65. This trade represents a 7.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In related news, CFO Richard Craig Bealmear sold 9,726 shares of Oklo stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $76.93, for a total value of $748,221.18. Following the transaction, the chief financial officer directly owned 196,913 shares of the company’s stock, valued at $15,148,517.09. This trade represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on OKLO shares. Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a research note on Thursday, January 22nd. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 price objective on shares of Oklo in a research report on Wednesday, November 12th. Texas Capital upgraded Oklo to a “strong-buy” rating in a research report on Tuesday, January 27th. Needham & Company LLC reissued a “buy” rating on shares of Oklo in a report on Friday, January 9th. Finally, Zacks Research lowered shares of Oklo from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Oklo currently has an average rating of “Moderate Buy” and a consensus target price of $103.20.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Commercial traction: Coverage highlights binding commercial demand and a reported 1.2 GW agreement structure with Meta that could include prepayments and non‑dilutive project funding — supportive for Oklo’s long‑term cash flow profile if projects proceed on schedule. Read More.
• Positive Sentiment: Sector narrative: Several articles argue hyperscalers’ need for reliable, carbon‑free power re‑rates SMR developers like Oklo as infrastructure plays, underlining a sizable addressable market for behind‑the‑meter nuclear at AI data centers. Read More.
• Neutral Sentiment: Bull case discussion: Multiple think pieces and reddit‑driven bull summaries outline upside if execution and regulatory milestones are met, but they explicitly flag volatility and execution risk. Read More.
• Negative Sentiment: Large insider sales: CEO Jacob Dewitte filed sales of ~200k shares on Feb 2 (two filings reporting ~140,000 and ~60,000 shares at ~\$74–\$75), and CFO Richard Bealmear sold 9,726 shares (~\$76.93 avg). The size and timing of these sales likely amplified intraday selling pressure. Read More. • Read More.
• Negative Sentiment: Weak near‑term fundamentals: Oklo recently missed quarterly EPS expectations and analysts model material negative EPS for the year, leaving the stock sensitive to funding, execution, or cash‑flow headlines. (See company earnings recap and analyst forecasts.)
• Negative Sentiment: Momentum/headline risk: News pieces explaining the intraday selloff can accelerate outflows in a high‑expectations, low‑earnings stock — coverage such as “Why Oklo Stock Crashed Today” has likely compounded selling pressure. Read More.

Oklo Stock Performance

The firm has a market cap of $9.73 billion, a P/E ratio of -115.32 and a beta of 0.76. The business’s fifty day moving average is $87.73 and its 200-day moving average is $96.60.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same quarter in the previous year, the company earned ($0.08) EPS. Analysts predict that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OKLO. Vanguard Group Inc. increased its stake in shares of Oklo by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company’s stock valued at $835,107,000 after buying an additional 44,036 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Oklo by 71.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after acquiring an additional 2,968,981 shares during the last quarter. Van ECK Associates Corp increased 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 valued at $387,914,000 after purchasing an additional 1,316,867 shares during the period. Geode Capital Management LLC raised its holdings 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 purchasing an additional 1,488,482 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares during the period. 85.03% of the stock is owned by institutional investors and hedge funds.

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.