Oklo (NYSE:OKLO) CEO Jacob Dewitte Sells 40,000 Shares of Company Stock

Posted by Brian Himes on Nov 5th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) CEO Jacob DeWitte sold 40,000 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $24.64, for a total transaction of $985,600.00. Following the sale, the chief executive officer directly owned 351,533 shares of the company’s stock, valued at $8,661,773.12. This represents a 10.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jacob Dewitte also recently made the following trade(s):

On Thursday, October 1st, Jacob DeWitte sold 80,000 shares of Oklo stock. The stock was sold at an average price of $36.67, for a total transaction of $2,933,600.00.
On Thursday, October 1st, Jacob DeWitte sold 40,000 shares of Oklo stock. The shares were sold at an average price of $36.19, for a total transaction of $1,447,600.00.
On Tuesday, September 1st, Jacob DeWitte sold 80,000 shares of Oklo stock. The stock was sold at an average price of $38.69, for a total transaction of $3,095,200.00.
On Tuesday, September 1st, Jacob DeWitte sold 40,000 shares of Oklo stock. The stock was sold at an average price of $38.40, for a total transaction of $1,536,000.00.

Oklo Trading Down 6.2%

OKLO stock opened at $22.04 on Thursday. The stock has a 50-day moving average price of $34.38 and a two-hundred day moving average price of $53.06. The stock has a market cap of $4.10 billion, a PE ratio of -23.45 and a beta of 1.31. Oklo Inc. has a 1 year low of $21.65 and a 1 year high of $123.44.

Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. Oklo’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same quarter last year, the company earned ($0.18) earnings per share. On average, analysts forecast that Oklo Inc. will post -1.01 earnings per share for the current fiscal year.

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, implying potential upside from the share price cited in the report. However, the firm had cut its target substantially from $110. Wedbush cuts Oklo price target
Neutral Sentiment: CEO Jacob DeWitte and CFO Richard Bealmear reported stock sales made under pre-arranged Rule 10b5-1 plans. The sales may draw investor attention, though the scheduled nature provides context. CEO SEC filing CFO SEC filing
Negative Sentiment: Markets reportedly reacted to projections that Democrats would win Congress, raising concerns about a possible slowdown in data-center construction and AI-related power demand. Oklo may be especially exposed because it has very little revenue compared with established contractors. Election concerns weigh on AI power stocks
Negative Sentiment: Investors also face concerns about rising development costs and prior earnings misses ahead of quarterly results. Oklo’s limited current revenue makes successful project execution and converting reactor progress into commercial sales important to its valuation. Zacks analyst blog

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on OKLO shares. Weiss Ratings restated a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. UBS Group reduced their price target on Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday, September 25th. Barclays decreased their price target on shares of Oklo from $76.00 to $59.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. B. Riley Financial lowered their price objective on shares of Oklo from $92.00 to $61.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. Finally, Citigroup cut their price objective on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.72.

Read Our Latest Report on Oklo

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Sei Investments Co. raised its stake 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 buying an additional 38,829 shares during the period. Bank of America Corp DE boosted its stake in shares of Oklo by 55.3% during the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock worth $30,760,000 after acquiring an additional 220,976 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Oklo during the 2nd quarter worth approximately $2,096,000. Hsbc Holdings PLC increased its holdings in shares of Oklo by 1,184.4% during the 4th 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 position in shares of Oklo during the 1st quarter worth approximately $2,414,000. 85.03% of the stock is owned by institutional investors and hedge funds.

About Oklo

(Get Free Report)

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.