8,046 Shares in Oklo Inc. $OKLO Bought by Themes Management Co LLC

Themes Management Co LLC purchased a new stake in Oklo Inc. (NYSE:OKLO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,046 shares of the company’s stock, valued at approximately $577,000.

A number of other institutional investors and hedge funds have also bought and sold shares of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Oklo by 71.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after buying an additional 2,968,981 shares during the last quarter. Vanguard Group Inc. raised its position in Oklo by 33.4% in the 3rd quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock valued at $1,294,179,000 after buying an additional 2,901,909 shares during the last quarter. State Street Corp raised its position in Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares during the last quarter. Van ECK Associates Corp raised its position in Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after buying an additional 1,316,867 shares during the last quarter. Finally, Millennium Management LLC raised its position in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after buying an additional 570,532 shares during the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total transaction of $612,205.92. Following the completion of the sale, the insider directly owned 36,175 shares of the company’s stock, valued at $2,099,597. This trade represents a 22.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 16,342 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total value of $834,749.36. Following the sale, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at approximately $19,717,288.64. This represents a 4.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 819,588 shares of company stock valued at $49,774,300 in the last ninety days. 18.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

OKLO has been the subject of a number of analyst reports. Canaccord Genuity Group lowered their price target on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. B. Riley Financial lowered their price target on Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. HSBC initiated coverage on Oklo in a research report on Thursday, April 23rd. They issued a “buy” rating and a $96.00 price target for the company. Zacks Research raised Oklo from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. Finally, Texas Capital raised Oklo to a “strong-buy” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $82.58.

Oklo Price Performance

Shares of Oklo stock opened at $65.76 on Tuesday. Oklo Inc. has a 1 year low of $43.63 and a 1 year high of $193.84. The firm has a market cap of $11.44 billion, a PE ratio of -78.28 and a beta of 1.16. The stock has a fifty day moving average price of $61.08 and a 200-day moving average price of $75.78.

Oklo (NYSE:OKLO) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period in the previous year, the business earned ($0.07) EPS. As a group, equities analysts anticipate that Oklo Inc. will post -0.8 EPS for the current fiscal year.

Oklo 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.