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 (NYSE:OKLO) 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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Disclosure: None. This article is originally published at Insider Monkey.