Oklo (NYSE:OKLO) CFO Richard Craig Bealmear Sells 73,081 Shares of Stock

Oklo Inc. (NYSE:OKLOGet Free Report) CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the sale, the chief financial officer directly owned 397,642 shares of the company’s stock, valued at $27,206,665.64. This represents a 15.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Richard Craig Bealmear also recently made the following trade(s):

  • On Wednesday, April 1st, Richard Craig Bealmear sold 16,342 shares of Oklo stock. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36.
  • On Friday, March 13th, Richard Craig Bealmear sold 72,090 shares of Oklo stock. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00.

Oklo Price Performance

NYSE OKLO opened at $65.36 on Thursday. The company has a 50 day simple moving average of $62.63 and a 200-day simple moving average of $73.74. Oklo Inc. has a 52-week low of $44.88 and a 52-week high of $193.84. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of -77.81 and a beta of 1.10.

Oklo (NYSE:OKLOGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period last year, the company posted ($0.07) earnings per share. On average, analysts predict that Oklo Inc. will post -0.78 EPS for the current year.

Institutional Investors Weigh In On Oklo

Several hedge funds and other institutional investors have recently modified their holdings of OKLO. Royal Bank of Canada grew 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 acquiring an additional 57,497 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of Oklo in the first quarter worth $519,000. Millennium Management LLC grew its stake in shares of Oklo by 4,974.1% in the first quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after acquiring an additional 570,532 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Oklo by 165.6% during the first quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after buying an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Oklo by 90.9% during the first 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 in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

More Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: Oklo is still seeing supportive investor interest tied to its nuclear-growth story, including recent momentum around DOE fuel discussions, regulatory progress, and broader enthusiasm for nuclear power as a solution for AI and clean-energy demand.
  • Positive Sentiment: Options activity was elevated, with investors buying more call options than usual, suggesting some traders are still positioning for upside in the name.
  • Neutral Sentiment: A recent article noted that OKLO and OTTR had the highest short interest in the utilities sector, which can indicate skepticism from traders but also creates the potential for sharp moves if sentiment shifts. Article Title
  • Negative Sentiment: CEO Jacob Dewitte sold 60,000 shares and then an additional 140,000 shares under a pre-arranged 10b5-1 plan, while CFO Richard Craig Bealmear also sold 73,081 shares. Together, the insider sales reinforced concerns that management may be taking profits after a strong run.
  • Negative Sentiment: A market-moving report said Oklo stock fell after co-founders disclosed about $13.6 million in insider share sales, which appears to be the main catalyst behind the weakness investors are seeing today. Article Title

Analyst Ratings Changes

Several brokerages have commented on OKLO. JPMorgan Chase & Co. began coverage on Oklo in a report on Monday, May 11th. They set a “neutral” rating and a $83.00 price target on the stock. Weiss Ratings upgraded Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 13th. HSBC began coverage on Oklo in a report on Thursday, April 23rd. They set a “buy” rating and a $96.00 price target on the stock. Royal Bank Of Canada set a $80.00 price target on Oklo in a report on Friday, May 22nd. Finally, Tigress Financial began coverage on Oklo in a report on Monday, April 27th. They set a “buy” rating and a $130.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and two have 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 $83.06.

View Our Latest Research Report on OKLO

About Oklo

(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.

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Insider Buying and Selling by Quarter for Oklo (NYSE:OKLO)

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