Oklo (NYSE:OKLO) Trading 4.4% Higher – Here’s What Happened

Posted by Brenda Bartman on Jul 9th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report)’s stock price was up 4.4% during trading on Thursday . The company traded as high as $50.23 and last traded at $49.3650. Approximately 7,202,263 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 11,928,974 shares. The stock had previously closed at $47.28.

More Oklo News

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo received a key regulatory boost after the U.S. Department of Energy approved the Documented Safety Analysis for its Groves Isotope Test Reactor in Texas, a milestone that strengthens the company’s development outlook and may be helping sentiment. Oklo (OKLO) Gains A Regulatory Win As Investors Weigh Its Valuation
Positive Sentiment: Unusually large call-option buying suggests traders are positioning for more upside in Oklo, which can add near-term momentum to the stock.
Positive Sentiment: Oklo continues to be highlighted in bullish nuclear-energy and IPO-watch articles, reflecting ongoing investor interest in the sector and the company’s long-term growth story. 5 Best IPO Stocks with Huge Upside Potential
Neutral Sentiment: Coverage focused on “best nuclear stocks” and broader nuclear-investment themes keeps Oklo in the spotlight, but these items do not represent a direct fundamental change for the company. Best Nuclear Stocks Worth Watching – July 8th
Negative Sentiment: CEO Jacob Dewitte sold 60,000 shares in a disclosed transaction, which may weigh on sentiment because insider selling can be seen as a sign of caution or profit-taking. SEC Form 4 filing
Negative Sentiment: Some recent commentary notes that Oklo’s share price has been weak over the past month and year-to-date, and investors are still weighing whether the valuation is too rich after its sharp move higher. Oklo (OKLO) Gains A Regulatory Win As Investors Weigh Its Valuation

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on OKLO shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research report on Wednesday, May 13th. Canaccord Genuity Group dropped their target price on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. HSBC initiated coverage on Oklo in a research note on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price on the stock. B. Riley Financial reduced their price target on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Finally, HC Wainwright reissued a “buy” rating and set a $90.00 price target on shares of Oklo in a research note on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $84.18.

View Our Latest Stock Analysis on OKLO

Oklo Trading Up 4.4%

The firm’s 50-day moving average price is $61.81 and its two-hundred day moving average price is $67.14. The stock has a market cap of $8.59 billion, a PE ratio of -58.77 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) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same quarter in the previous year, the business earned ($0.07) EPS. On average, analysts anticipate that Oklo Inc. will post -0.73 earnings per share for the current year.

Insider Buying and Selling at Oklo

In other news, CFO Richard Craig Bealmear sold 73,081 shares of Oklo stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the transaction, the chief financial officer directly owned 397,642 shares in the company, valued at approximately $27,206,665.64. This trade represents a 15.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider directly owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 683,629 shares of company stock valued at $43,902,208. 18.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oklo

A number of large investors have recently added to or reduced their stakes in OKLO. Nemes Rush Group LLC purchased a new stake in Oklo during the third quarter valued at approximately $28,000. CI Investments Inc. grew its holdings in Oklo by 153.0% in the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock worth $33,000 after purchasing an additional 179 shares during the last quarter. NBC Securities Inc. grew its holdings in Oklo by 75.0% in the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Oklo by 356.2% during the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after purchasing an additional 285 shares in the last quarter. Finally, Strategic Advocates LLC purchased a new position in Oklo during the 3rd quarter worth $43,000. 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.