<div id="readability-page-1"><p>Oklo Inc. (NYSE:OKLO - Get Free Report)'s share price was down 3.6% during mid-day trading on Tuesday . The company traded as low as $131.20 and last traded at $132.5230. Approximately 14,340,717 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 18,869,932 shares. The stock had previously closed at $137.43.</p><h2>Analysts Set New Price Targets</h2><ul><li>AI Meets Nuclear: Palantir’s Role in Energy Expansion</li></ul><p>Several analysts have recently weighed in on OKLO shares. Zacks Research cut Oklo from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Tuesday, October 14th. Barclays  set a $146.00 price target on Oklo in a report on Monday, September 29th. UBS Group  set a $175.00 target price on Oklo in a report on Thursday, October 9th. William Blair  reissued an &#34;outperform&#34; rating on shares of Oklo in a research report on Tuesday, August 12th. Finally, BNP Paribas upgraded shares of Oklo to a &#34;strong sell&#34; rating in a research report on Friday, July 25th. One investment analyst  has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued  a Hold rating and four have issued  a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Hold&#34; and an average price target of $98.14.</p><p><b>Check Out Our Latest Stock Report on OKLO</b></p><h2>Oklo Stock Down 3.6%</h2><ul><li>Oklo Insiders Sell! Oh No! This Is Why Investors Shouldn’t Worry</li></ul><p>The company has a market capitalization of $19.56 billion, a price-to-earnings ratio of -315.52 and a beta of 0.69. The business has a 50-day moving average price of $109.98 and a two-hundred day moving average price of $71.55. </p><p>Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.06).  On average, sell-side analysts anticipate that  Oklo Inc. will post -8.2 EPS for the current fiscal year. </p><h2>Insider Transactions at Oklo</h2><ul><li>October’s Top 5 Stocks Poised for Big Breakouts</li></ul><p>In other Oklo news, CFO Richard Craig Bealmear sold 92,378 shares of the firm's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $93.73, for a total value of $8,658,589.94. Following the completion of the transaction, the chief financial officer owned 75,738 shares in the company, valued at $7,098,922.74. This trade represents a 54.95% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, CEO Jacob Dewitte sold 300,000 shares of the firm's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $112.26, for a total value of $33,678,000.00. Following the completion of the transaction, the chief executive officer owned 9,780,098 shares of the company's stock, valued at approximately $1,097,913,801.48. This represents a 2.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 491,387 shares of company stock worth $52,698,580 over the last 90 days. 18.90% of the stock is owned by insiders. </p><h2>Hedge Funds Weigh In On Oklo</h2><p>A number of large investors have recently modified their holdings of the company. Plancorp LLC boosted its position in shares of  Oklo by 1.2% during the third quarter. Plancorp LLC now owns 6,089 shares of the company's stock valued at $680,000 after purchasing an additional 73 shares in the last quarter.  Howard Financial Services LTD. boosted its position in shares of  Oklo by 3.8% during the third quarter. Howard Financial Services LTD. now owns 4,333 shares of the company's stock valued at $484,000 after purchasing an additional 158 shares in the last quarter.  Wolff Wiese Magana LLC boosted its position in shares of  Oklo by 4.0% during the third quarter. Wolff Wiese Magana LLC now owns 4,360 shares of the company's stock valued at $487,000 after purchasing an additional 169 shares in the last quarter.  KBC Group NV boosted its position in shares of  Oklo by 11.8% during the second quarter. KBC Group NV now owns 1,849 shares of the company's stock valued at $104,000 after purchasing an additional 195 shares in the last quarter.  Finally, Pasadena Private Wealth LLC boosted its position in shares of  Oklo by 5.8% during the third quarter. Pasadena Private Wealth LLC now owns 3,802 shares of the company's stock valued at $424,000 after purchasing an additional 210 shares in the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Oklo</h2> (Get Free Report)<p>Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Oklo</li><li>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>The Drone Arms Race: From Battlefield to Balance Sheet</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Why Wall Street Is Backing These 3 Comeback Stocks</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>Intel's Breakout Quarter: More Than a Beat, It's a Declaration</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Oklo Right Now?</h2><p>Before you consider Oklo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oklo wasn't on the list.</p><p>While Oklo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

OKLO

<p>Oklo Inc. (NYSE:OKLO) shares fell 3.6% to $132.52 amid a trading volume decline of 24%. Analysts have downgraded the stock, with Zacks cutting its rating to "strong sell" and setting a price target of $146. Barclays and UBS set targets of $146 and $175, respectively. The company reported a quarterly EPS of -$0.18, missing estimates. Insider selling has raised concerns, with CFO and CEO selling significant shares. Hedge funds hold 85.03% of the stock, indicating strong institutional interest.</p>

Oklo (NYSE:OKLO) Trading Down 3.6% - Here's Why