Swedbank AB purchased a new position in shares of Oklo Inc. (NYSE:OKLO – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,247 shares of the company’s stock, valued at approximately $735,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in OKLO. NBC Securities Inc. lifted its position in Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. GAMMA Investing LLC lifted its position in Oklo by 356.3% during the 4th quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after buying an additional 285 shares in the last quarter. Gables Capital Management Inc. acquired a new position in Oklo during the 3rd quarter worth about $28,000. Nemes Rush Group LLC acquired a new position in Oklo during the 3rd quarter worth about $28,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in Oklo during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 85.03% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on OKLO. The Goldman Sachs Group reduced their price target on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Canaccord Genuity Group cut their target price on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. JPMorgan Chase & Co. initiated coverage on shares of Oklo in a research report on Monday, May 11th. They set a “neutral” rating and a $83.00 target price on the stock. Royal Bank Of Canada set a $80.00 target price on shares of Oklo in a research report on Friday, May 22nd. Finally, Needham & Company LLC cut their target price on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $83.06.
Key Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: The biggest catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could allow the company and partner newcleo to turn Cold War-era surplus plutonium into fuel for advanced reactors. Investors appear to view this as a major strategic win because it could ease one of the key bottlenecks for scaling nuclear power. Article Title
- Positive Sentiment: News flow around the DOE program was broadly positive, with multiple reports noting that Oklo was one of only a handful of companies chosen for the initiative, reinforcing confidence in its regulatory and government relationships. Article Title
- Positive Sentiment: Oklo also drew attention for a separate partnership with a national lab to develop AI-enabled reactors, adding to the narrative that the company is positioning itself to serve future power demand from data centers and AI infrastructure. Article Title
- Neutral Sentiment: Several articles framed the move as an important milestone toward commercialization, but the DOE step is still a negotiation phase rather than a finalized fuel supply agreement. Article Title
- Negative Sentiment: Despite the bullish headlines, Oklo remains a pre-revenue company with execution risk, and the stock has already been volatile, so investors may be pricing in a lot of future success upfront. Article Title
Oklo Trading Down 1.4%
Oklo stock opened at $67.72 on Thursday. Oklo Inc. has a 1 year low of $44.88 and a 1 year high of $193.84. The company has a market cap of $11.78 billion, a PE ratio of -80.62 and a beta of 1.16. The company’s 50-day moving average is $61.45 and its two-hundred day moving average is $75.14.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.01. During the same quarter last year, the company earned ($0.07) EPS. Research analysts forecast that Oklo Inc. will post -0.78 EPS for the current year.
Insider Activity at Oklo
In related news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $70.50, for a total value of $9,870,000.00. Following the sale, the chief executive officer directly owned 598,039 shares in the company, valued at $42,161,749.50. This trade represents a 18.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 16,342 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the sale, the chief financial officer owned 386,008 shares in the company, valued at $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 have sold 819,588 shares of company stock worth $49,774,300 in the last ninety days. Company insiders own 18.90% of the company’s stock.
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.
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