Sumitomo Mitsui Trust Group Inc. Sells 15,564 Shares of Oklo Inc. $OKLO

Posted by Francis Steltz on Jul 15th, 2026

Sumitomo Mitsui Trust Group Inc. trimmed its stake in shares of Oklo Inc. (NYSE:OKLO – Free Report) by 7.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 206,946 shares of the company’s stock after selling 15,564 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.12% of Oklo worth $10,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. NBC Securities Inc. lifted its position in shares of 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 during the period. GAMMA Investing LLC grew its position in Oklo by 356.2% 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 period. Gilpin Wealth Management LLC bought a new stake in Oklo in the fourth quarter valued at $29,000. SHP Wealth Management acquired a new position in Oklo during the fourth quarter worth $32,000. Finally, Ascentis Independent Advisors acquired a new position in Oklo during the first quarter worth $33,000. 85.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 397,642 shares in the company, valued at approximately $27,206,665.64. This trade represents a 15.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 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 completion of the transaction, the insider directly 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. Insiders have sold a total of 683,629 shares of company stock worth $43,902,208 in the last 90 days. Corporate insiders own 18.90% of the company’s stock.

Oklo Stock Performance

Shares of OKLO opened at $46.31 on Wednesday. The company has a market cap of $8.06 billion, a price-to-earnings ratio of -55.13 and a beta of 1.14. The stock has a fifty day moving average price of $60.11 and a two-hundred day moving average price of $66.16. Oklo Inc. has a 52-week low of $44.88 and a 52-week high of $193.84.

Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same period in the prior year, the firm posted ($0.07) EPS. As a group, research analysts predict that Oklo Inc. will post -0.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wolfe Research began coverage on shares of Oklo in a research note on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Guggenheim began coverage on shares of Oklo in a report on Thursday, June 25th. They issued a “neutral” rating on the stock. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. B. Riley Financial cut their price target on shares of Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. began coverage on shares of Oklo in a research report on Monday, May 11th. They issued a “neutral” rating and a $83.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Oklo has an average rating of “Moderate Buy” and an average target price of $84.00.

Check Out Our Latest Stock Report on Oklo

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.