MFG Wealth Management Inc. Buys Shares of 9,339 Oklo Inc. $OKLO

MFG Wealth Management Inc. bought a new position in Oklo Inc. (NYSE:OKLO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,339 shares of the company’s stock, valued at approximately $670,000.

Other hedge funds have also modified their holdings of the company. Caprock Group LLC purchased a new stake in shares of Oklo during the 3rd quarter valued at $14,829,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Oklo by 48.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock worth $18,403,000 after buying an additional 54,080 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Oklo by 298.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock worth $2,612,000 after buying an additional 17,526 shares during the last quarter. Wealthedge Investment Advisors LLC acquired a new position in Oklo during the 2nd quarter valued at about $738,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Oklo during the 3rd quarter valued at about $2,177,000. 85.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Oklo

In other Oklo news, CEO Jacob Dewitte sold 840,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $82.32, for a total transaction of $69,148,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,580,000 shares of the company’s stock, valued at approximately $130,065,600. This trade represents a 34.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Richard Craig Bealmear sold 72,090 shares of Oklo stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the sale, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,062,424 shares of company stock worth $169,888,312. 18.90% of the stock is owned by corporate insiders.

Oklo Stock Performance

Oklo stock opened at $53.94 on Friday. The business’s 50-day simple moving average is $72.38 and its two-hundred day simple moving average is $94.59. The company has a market cap of $9.36 billion, a PE ratio of -74.91 and a beta of 0.80. Oklo Inc. has a fifty-two week low of $17.42 and a fifty-two week high of $193.84.

Oklo (NYSE:OKLO) last announced its quarterly earnings data on Tuesday, March 17th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same period in the previous year, the firm posted ($0.74) earnings per share. As a group, analysts predict that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on OKLO shares. Barclays lowered their price target on Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Craig Hallum reaffirmed a “hold” rating on shares of Oklo in a research report on Wednesday. HC Wainwright reiterated a “buy” rating and issued a $90.00 target price on shares of Oklo in a research note on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. Finally, Citigroup cut their price target on shares of Oklo from $95.00 to $73.50 and set a “neutral” rating on the stock in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $86.63.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: HC Wainwright reaffirmed a “Buy” rating and a $90 price target, maintaining institutional support that can prop up the stock despite near-term misses. HC Wainwright Reiterates Buy
• Positive Sentiment: Oklo signed a deal with the U.S. Department of Energy to build a reactor at Idaho National Lab — a tangible program milestone that strengthens commercialization credibility and future revenue potential. DOE reactor deal
• Positive Sentiment: Analyst and media pieces highlight Oklo’s diversified pathway (isotopes, fuel, reactors) and argue the company may be near a base — supporting a longer-term bullish case if execution continues. MarketBeat: The bottom is in
• Positive Sentiment: Commentary from The Motley Fool and Zacks highlights secular tailwinds (AI/data center demand for reliable low-carbon power, geopolitical energy volatility) that could increase long-term demand for Oklo’s technology. Fool prediction on nuclear demand Zacks: nuclear model stability
• Neutral Sentiment: Cantor Fitzgerald reiterated an Overweight rating — additional coverage and differing targets are keeping the narrative mixed but visible to investors. Cantor Fitzgerald Overweight
• Negative Sentiment: Oklo reported Q4 results that missed expectations, and the market reacted negatively (shares pulled back following the release). Near-term profitability remains a distant target, increasing sensitivity to execution. Earnings miss / shares down Yahoo: stock dips after earnings
• Negative Sentiment: Several broker notes (Goldman Sachs, Needham, Canaccord, B. Riley) issued cautious/pessimistic near-term forecasts or lowered expectations, adding selling pressure and raising short-term downside risk. Goldman Sachs pessimistic forecast Needham pessimistic forecast Canaccord forecast B. Riley lowered expectations
• Negative Sentiment: Insider selling: Oklo’s CFO disclosed a large sale (~$4.33M), which can concern investors about timing and valuation. CFO insider sale
• Negative Sentiment: HC Wainwright cut multi-year EPS estimates substantially while keeping a $90 target — that combination signals longer roadmap risk (execution/timing) even as some analysts stay constructive. HC Wainwright estimates update

Oklo Company Profile

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.