Seven Grand Managers LLC lowered its position in Oklo Inc. (NYSE:OKLO – Free Report) by 50.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 50,000 shares of the company’s stock after selling 50,000 shares during the quarter. Seven Grand Managers LLC’s holdings in Oklo were worth $3,588,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OKLO. NBC Securities Inc. boosted its holdings in Oklo by 75.0% in the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Oklo by 356.3% in the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock valued at $26,000 after acquiring an additional 285 shares during the last quarter. Gables Capital Management Inc. acquired a new position in Oklo in the third quarter valued at $28,000. Nemes Rush Group LLC acquired a new position in Oklo in the third quarter valued at $28,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Oklo during the third quarter worth about $33,000. Institutional investors and hedge funds own 85.03% of the company’s stock.
Insider Transactions at Oklo
In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of Oklo stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total transaction of $612,205.92. Following the sale, the insider directly owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction dated Friday, May 1st. The stock was 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 approximately $42,161,749.50. The trade was a 18.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 819,588 shares of company stock valued at $49,774,300. 18.90% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
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Oklo Price Performance
Shares of OKLO opened at $67.72 on Thursday. The stock’s 50-day moving average is $61.45 and its two-hundred day moving average is $75.14. The stock has a market cap of $11.78 billion, a PE ratio of -80.62 and a beta of 1.16. Oklo Inc. has a 12 month low of $44.88 and a 12 month high of $193.84.
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period in the previous year, the business earned ($0.07) EPS. On average, research analysts anticipate that Oklo Inc. will post -0.78 earnings per share for the current year.
Key Headlines Impacting Oklo
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 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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