Oklo (OKLO): Latest Insider Selling, Bearish Analyst Comments You Should Pay Attention To

We recently published 10 Stocks Wall Street is Watching Heading into October. Oklo Inc is one of the stocks Wall Street is watching.

Michael Stuart Klein, a 10% owner and independent director of the company, sold 50,000 shares of the company in two separate transactions on September 22. The total worth of these shares was about $6.7 million. OKLO is up 433% so far this year. The company also saw recent insider selling from CEO Jacob DeWitte and CFO Craig Bealmear, who sold $9.4 million of shares.

Goldman Sachs recently started covering the stock with a Neutral rating and said the company has no revenue and likely will not start earning any until 2028.

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This article is originally published at Insider Monkey.