Oklo (NYSE:OKLO) Trading Down 1.1% – Should You Sell?

Posted by Geri Gentry on Jul 8th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) shares dropped 1.1% during mid-day trading on Wednesday . The company traded as low as $45.83 and last traded at $47.3730. 7,051,288 shares traded hands during trading, a decline of 41% from the average session volume of 11,974,786 shares. The stock had previously closed at $47.90.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on OKLO. Zacks Research raised Oklo from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. initiated coverage on Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target for the company. Wolfe Research began coverage on Oklo in a report on Tuesday, May 19th. They issued a “peer perform” rating on the stock. B. Riley Financial cut their price objective on shares of Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Finally, Craig Hallum reiterated a “hold” rating on shares of Oklo in a research note on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oklo presently has an average rating of “Moderate Buy” and a consensus target price of $84.18.

Check Out Our Latest Stock Report on Oklo

Oklo Price Performance

The company has a fifty day simple moving average of $62.38 and a two-hundred day simple moving average of $67.35. The company has a market capitalization of $8.24 billion, a P/E ratio of -56.40 and a beta of 1.14.

Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.01. During the same period last year, the business posted ($0.07) EPS. Equities analysts anticipate that Oklo Inc. will post -0.73 earnings per share for the current year.

Insider Buying and Selling at Oklo

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $68.29, for a total transaction of $9,560,600.00. Following the transaction, the chief executive officer owned 538,039 shares in the company, valued at $36,742,683.31. This trade represents a 20.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 73,081 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the completion of the sale, the chief financial officer owned 397,642 shares of the company’s stock, valued at $27,206,665.64. The trade was a 15.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 623,629 shares of company stock worth $40,734,208 over the last 90 days. Insiders own 18.90% of the company’s stock.

Institutional Investors Weigh In On Oklo

A number of hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Oklo by 162.6% in the first quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after purchasing an additional 57,497 shares during the period. AQR Capital Management LLC bought a new stake in Oklo during the 1st quarter valued at approximately $519,000. Millennium Management LLC grew its holdings in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after buying an additional 570,532 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Oklo by 165.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock valued at $339,000 after buying an additional 9,772 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Oklo by 90.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after buying an additional 53,703 shares during the period. 85.03% of the stock is currently owned by institutional investors.

Oklo Company Profile

(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.