BI Asset Management Fondsmaeglerselskab A S Invests $1.04 Million in Oklo Inc. $OKLO

BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Oklo Inc. (NYSE:OKLOFree Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 21,014 shares of the company’s stock, valued at approximately $1,042,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada boosted its position in Oklo by 162.6% during the 1st quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after acquiring an additional 57,497 shares during the last quarter. AQR Capital Management LLC acquired a new position in Oklo during the first quarter worth $519,000. Millennium Management LLC increased its stake 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. NewEdge Advisors LLC lifted its position in Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after buying an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Oklo by 90.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after buying an additional 53,703 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Price Performance

Shares of NYSE:OKLO opened at $53.91 on Thursday. The business’s 50 day simple moving average is $65.19 and its 200 day simple moving average is $70.05. Oklo Inc. has a 1 year low of $44.88 and a 1 year high of $193.84. The company has a market capitalization of $9.38 billion, a P/E ratio of -64.18 and a beta of 1.10.

Oklo (NYSE:OKLOGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period last year, the firm earned ($0.07) earnings per share. On average, sell-side analysts anticipate that Oklo Inc. will post -0.78 EPS for the current fiscal year.

Insider Transactions at Oklo

In related news, CFO Richard Craig Bealmear sold 73,081 shares of Oklo stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the transaction, the chief financial officer directly owned 397,642 shares of the company’s stock, valued at $27,206,665.64. This trade represents a 15.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total transaction of $612,205.92. Following the transaction, the insider owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. This represents a 22.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 699,971 shares of company stock valued at $44,221,357. Company insiders own 18.90% of the company’s stock.

Analyst Ratings Changes

OKLO has been the topic of several analyst reports. Royal Bank Of Canada set a $80.00 target price on Oklo in a report on Friday, May 22nd. Craig Hallum reaffirmed a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Zacks Research upgraded Oklo from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $122.00 target price on shares of Oklo in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. started coverage on Oklo in a research note on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target on the stock. Two 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 stock. Based on data from MarketBeat.com, Oklo currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.18.

View Our Latest Analysis on Oklo

Oklo News Summary

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: Oklo’s licensing strategy is being viewed as a key de-risking step, with DOE milestones and NRC progress potentially supporting a repeatable reactor rollout and reducing regulatory uncertainty. OKLO’s Licensing Strategy Aims to Support Reactor Rollout
  • Positive Sentiment: Investor attention remains on Oklo’s nuclear growth story, including a recent LOI tied to Aurora nuclear fuel supply and CEO comments that the company is targeting power production in about two years, which supports the long-term bull case. As Centrus Order Backlog Swells, Growth Acceleration Can Trigger Stock Upside
  • Neutral Sentiment: Commentary highlighting America’s accelerating nuclear buildout, stronger fuel supply, and AI-driven electricity demand continues to keep Oklo in the center of the clean-power and data-center energy trade. America’s Nuclear Buildout Gains Speed
  • Negative Sentiment: One article argues Oklo is falling because momentum is shifting toward large nuclear reactors rather than small modular ones, raising concerns that investor enthusiasm for OKLO’s core business model may be cooling. Why Oklo Stock Keeps Going Down

About Oklo

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding OKLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oklo Inc. (NYSE:OKLOFree Report).

Institutional Ownership by Quarter for Oklo (NYSE:OKLO)

Receive News & Ratings for Oklo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oklo and related companies with MarketBeat.com's FREE daily email newsletter.