Oklo (NYSE:OKLO) Shares Down 4.4% – Here’s What Happened

19 May 2026, 17:41 by Doug Wharley · The Cerbat Gem

Oklo Inc. (NYSE:OKLO – Get Free Report) shares dropped 4.4% during trading on Tuesday . The company traded as low as $53.96 and last traded at $56.0040. Approximately 11,692,298 shares traded hands during trading, a decline of 1% from the average daily volume of 11,761,394 shares. The stock had previously closed at $58.56.

Wall Street Analysts Forecast Growth

OKLO has been the topic of a number of research analyst reports. Wedbush reiterated an “outperform” rating and set a $110.00 target price on shares of Oklo in a research report on Wednesday, May 13th. JPMorgan Chase & Co. began coverage on Oklo in a research report on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target on the stock. Citigroup boosted their price target on Oklo from $73.50 to $76.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Canaccord Genuity Group dropped their price target on Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Finally, Texas Capital upgraded Oklo to a “strong-buy” rating in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $85.33.

Check Out Our Latest Stock Report on Oklo

Oklo Stock Performance

The company has a 50-day moving average of $60.85 and a 200-day moving average of $78.15. The stock has a market cap of $9.74 billion, a price-to-earnings ratio of -66.67 and a beta of 1.16.

Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same period last year, the firm posted ($0.07) EPS. As a group, equities research analysts forecast that Oklo Inc. will post -0.77 EPS for the current year.

Insider Activity at Oklo

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the transaction, the chief executive officer owned 656,483 shares in the company, valued at approximately $33,080,178.37. The trade was a 17.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Richard Craig Bealmear sold 72,090 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. The trade was a 15.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 809,040 shares of company stock worth $49,162,094 in the last quarter. 18.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oklo

Several institutional investors and hedge funds have recently added to or reduced their stakes in OKLO. Caprock Group LLC purchased a new stake in shares of Oklo during the 3rd quarter worth approximately $14,829,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Oklo by 48.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock worth $18,403,000 after acquiring an additional 54,080 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Oklo by 298.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock worth $2,612,000 after acquiring an additional 17,526 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Oklo during the 3rd quarter worth approximately $2,177,000. Finally, Van ECK Associates Corp boosted its stake in shares of 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 acquiring an additional 1,316,867 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.