Investors Purchase High Volume of Call Options on Oklo (NYSE:OKLO)

Oklo Inc. (NYSE:OKLO) saw some unusual options trading activity on Tuesday. Stock traders purchased 118,556 call options on the company. This represents an increase of 64% compared to the typical daily volume of 72,222 call options.

Oklo Price Performance

Shares of OKLO stock opened at $65.36 on Thursday. The stock has a market cap of $11.37 billion, a PE ratio of -77.81 and a beta of 1.10. The stock has a 50-day moving average of $62.63 and a 200-day moving average of $73.74. Oklo has a one year low of $44.88 and a one year high of $193.84.

Oklo (NYSE:OKLO) last announced its quarterly earnings results 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 in the prior year, the firm earned ($0.07) earnings per share. As a group, research analysts anticipate that Oklo will post -0.78 earnings per share for the current year.

Insider Transactions at Oklo

In other Oklo news, 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 transaction, the chief financial officer directly owned 397,642 shares in the company, valued at approximately $27,206,665.64. This represents a 15.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 140,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the transaction, the chief executive officer owned 598,039 shares in the company, valued at approximately $42,161,749.50. The trade was a 18.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 892,669 shares of company stock worth $55,773,903. Corporate insiders own 18.90% of the company’s stock.

Institutional Trading of Oklo

Several hedge funds have recently bought and sold shares of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Oklo by 71.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after buying an additional 2,968,981 shares during the period. Vanguard Group Inc. raised its holdings in Oklo by 33.4% during the 3rd quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after buying an additional 2,901,909 shares during the period. State Street Corp raised its holdings in Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after buying an additional 1,752,946 shares during the period. Van ECK Associates Corp raised its holdings in Oklo by 61.0% during the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after buying an additional 1,316,867 shares during the period. Finally, Norges Bank acquired a new stake in Oklo during the 4th quarter worth approximately $73,786,000. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Oklo

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

A number of research analysts have issued reports on OKLO shares. Canaccord Genuity Group cut their target price on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Wolfe Research initiated coverage on Oklo in a research note on Tuesday, May 19th. They issued a “peer perform” rating for the company. Bank of America initiated coverage on Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target for the company. HSBC initiated coverage on Oklo in a research note on Thursday, April 23rd. They issued a “buy” rating and a $96.00 price target for the company. Finally, Zacks Research raised Oklo from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $83.06.

Oklo Company Profile

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.