Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
Oklo Inc. (OKLO) Chief Legal & Strategy Officer Goodwin William Carroll Murphy, disposed of 41,387 shares of Class A Common Stock on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $70.0921, resulting in a total transaction value of $2,900,901.
The sales were executed in multiple transactions with prices ranging from $70.00 to $70.25, inclusive. Following the transaction, Goodwin no longer owns shares of Oklo Inc. The stock, which currently trades at $74.02, has shown significant price volatility and strong returns across multiple timeframes. InvestingPro analysis suggests the stock is currently overvalued, with 13 additional exclusive insights available to subscribers, including detailed financial health metrics and growth indicators.
In other recent news, Oklo Inc. announced plans to invest up to $1.68 billion in a nuclear fuel recycling and fabrication facility in Oak Ridge, Tennessee. This facility aims to create over 800 jobs and will be the first privately funded operation of its kind in the United States. Additionally, Oklo updated its equity offering, now allowing for the sale of up to approximately $140 million in new shares, replacing an earlier authorization of $400 million. The company has already generated gross proceeds of about $400 million from previous share sales.
BofA Securities initiated coverage on Oklo with a Buy rating and a $92 price target, highlighting the company’s build-own-operate model. Meanwhile, UBS maintained its Neutral rating and a $65 price target on Oklo, following the company’s announcement of its nuclear fuel center plans. Furthermore, Oklo has established a digital monitoring room at its headquarters in collaboration with ABB, designed to enhance operator training and simulation for its Aurora powerhouses. This development underscores Oklo’s focus on automation and inherent safety features in its nuclear operations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.