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Oklo Stock Rebounds Despite CEO’s Significant Share Sale

Oklo Stock Rebounds Despite CEO’s Significant Share Sale

Author:

Global Cryptocurrency

Published:

2025-12-03 11:28:02

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BTCCSquare news:

Oklo Inc. shares surged 5% during Tuesday's trading session, peaking at $96.50 before closing at $91.73. The rebound comes despite CEO Jacob Dewitte's sale of 300,000 shares for $33.7 million in September, part of a broader insider sell-off totaling over 503,000 shares last quarter.

Trading volume remained subdued at 10.9 million shares, 41% below the company's 18.3 million average. Analysts maintain a cautious stance with a "Hold" consensus rating, though price targets vary dramatically from Barclays' $146 to UBS and Canaccord's $175 projections.

Institutional ownership now dominates Oklo's shareholder base at 85%, with Vanguard and State Street significantly increasing their positions. The nuclear energy firm currently carries a $14.33 billion market valuation, trading between its 50-day ($122.13) and 200-day ($86.05) moving averages.

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