Oklo Inc. $OKLO Holdings Decreased by WINTON GROUP Ltd

WINTON GROUP Ltd trimmed its holdings in shares of Oklo Inc. (NYSE:OKLO) by 27.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,300 shares of the company’s stock after selling 37,079 shares during the period. WINTON GROUP Ltd owned 0.05% of Oklo worth $5,092,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. California State Teachers Retirement System increased its position in Oklo by 6,518.7% in the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock worth $454,377,000 after buying an additional 8,551,720 shares during the period. Van ECK Associates Corp lifted its stake in shares of Oklo by 13.9% in the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after acquiring an additional 481,288 shares during the period. State Street Corp boosted its stake in Oklo by 23.6% during the 4th quarter. State Street Corp now owns 3,060,220 shares of the company’s stock valued at $219,601,000 after purchasing an additional 584,184 shares in the last quarter. Geode Capital Management LLC boosted its stake in Oklo by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock valued at $201,671,000 after buying an additional 185,265 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Oklo by 8.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,160,278 shares of the company’s stock worth $83,262,000 after purchasing an additional 90,213 shares during the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, General Counsel Vivek Narayanadas sold 3,264 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $39.77, for a total transaction of $129,809.28. Following the completion of the sale, the general counsel owned 7,822 shares in the company, valued at $311,080.94. This trade represents a 29.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexandra Renner sold 1,930 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $38.40, for a total transaction of $74,112.00. Following the sale, the insider directly owned 475,022 shares of the company’s stock, valued at approximately $18,240,844.80. The trade was a 0.40% decrease in their position. 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 355,676 shares of company stock worth $16,618,122. Insiders own 12.70% of the company’s stock.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Piper Sandler starts coverage with a Buy: The analyst’s $55 target provides a near-term bullish catalyst and reflects confidence in Oklo’s advanced-reactor opportunity. Piper Sandler Initiates a Buy Rating on Oklo
• Positive Sentiment: Analyst targets remain well above the market: Another report cited an average Oklo price target of approximately $85.03, suggesting analysts still see substantial long-term upside if the company can execute its reactor-development plans. Analysts Set Oklo Price Target at $85.03
• Neutral Sentiment: Insider selling was tied to taxes: General Counsel Vivek Narayanadas sold 365 shares for about $15,808, following other recent sales. The transactions were made under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards, reducing their significance as a bearish signal. SEC Form 4 Filing
• Negative Sentiment: Sector-wide selling overwhelmed the upgrade: Investors sold advanced nuclear stocks after Piper Sandler issued divided ratings across the group, causing Oklo and peers to decline together. Nuclear Stocks Slide as Piper Sandler Splits the Sector
• Negative Sentiment: Execution and valuation concerns persist: Commentary highlighted Oklo’s uncommercialized reactor fleet, future financing needs, licensing hurdles and continuing losses. The latest quarterly loss also exceeded analyst expectations, keeping the stock highly dependent on successful long-term execution. Four Reasons to Sell OKLO Stock

Analysts Set New Price Targets

Several brokerages have recently commented on OKLO. Barclays reduced their target price on Oklo from $82.00 to $76.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Wedbush reiterated an “outperform” rating and set a $110.00 price objective on shares of Oklo in a report on Tuesday, May 26th. Piper Sandler began coverage on shares of Oklo in a research report on Tuesday. They set an “overweight” rating and a $55.00 price objective on the stock. HC Wainwright restated a “buy” rating and set a $90.00 price target on shares of Oklo in a report on Monday, August 10th. Finally, Canaccord Genuity Group cut their target price on Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $83.26.

Oklo Stock Performance

NYSE OKLO opened at $39.94 on Friday. Oklo Inc. has a twelve month low of $36.61 and a twelve month high of $193.84. The stock has a market cap of $7.43 billion, a PE ratio of -42.49 and a beta of 1.18. The firm has a 50-day simple moving average of $43.29 and a 200 day simple moving average of $54.72.

Oklo (NYSE:OKLO) last issued its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The company had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. The company’s quarterly revenue was up 11900.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.18) EPS. Research analysts forecast that Oklo Inc. will post -0.91 earnings per share for the current fiscal year.

About Oklo

Oklo Inc is an advanced nuclear technology company focused on developing and commercializing small-scale fission power plants. The company’s flagship product, the Aurora powerhouse, is designed to provide reliable, long-term electricity and heat using advanced nuclear reactor technology. Oklo is targeting applications such as industrial operations, data centers, defense facilities and other customers that require dependable, low-carbon energy.

Oklo is also developing fuel-recycling capabilities intended to use certain forms of nuclear fuel more efficiently and reduce the volume of nuclear waste requiring disposal.