40,063 Shares in Oklo Inc. $OKLO Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in Oklo Inc. (NYSE:OKLOFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 40,063 shares of the company’s stock, valued at approximately $2,096,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OKLO. Royal Bank of Canada boosted its stake in shares of Oklo by 162.6% in the 1st quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after buying an additional 57,497 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of Oklo during the first quarter valued at approximately $519,000. Millennium Management LLC increased its position in shares of Oklo by 4,974.1% during the first quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after acquiring an additional 570,532 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Oklo by 165.6% during the first quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after acquiring an additional 9,772 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Oklo by 90.9% during the first 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 acquiring an additional 53,703 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Insider Buying and Selling

In other news, General Counsel Vivek Narayanadas sold 3,264 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total value of $129,809.28. Following the completion of the transaction, the general counsel directly owned 7,822 shares of the company’s stock, valued at $311,080.94. This trade represents a 29.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $38.40, for a total value of $74,112.00. Following the sale, the insider owned 475,022 shares in the company, valued at approximately $18,240,844.80. The trade was a 0.40% 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 sold 354,535 shares of company stock worth $16,570,848 in the last 90 days. 12.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on OKLO shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research report on Friday, August 7th. Wolfe Research assumed coverage on Oklo in a research report on Tuesday, May 19th. They set a “peer perform” rating for the company. Citigroup lowered their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Truist Financial cut their price target on shares of Oklo from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Monday, August 10th. Finally, Guggenheim started coverage on shares of Oklo in a report on Thursday, June 25th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Oklo presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.03.

Get Our Latest Stock Report on OKLO

Oklo Price Performance

Shares of NYSE OKLO opened at $41.24 on Monday. The stock has a market capitalization of $7.67 billion, a PE ratio of -43.87 and a beta of 1.18. Oklo Inc. has a one year low of $36.61 and a one year high of $193.84. The business’s fifty day moving average price is $44.16 and its 200-day moving average price is $55.42.

Oklo (NYSE:OKLOGet Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.28) earnings per share (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 business’s revenue for the quarter was up 11900.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.18) EPS. As a group, equities analysts expect that Oklo Inc. will post -0.9 EPS for the current fiscal year.

More Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: A comparison of small modular reactor stocks favors Oklo over NuScale Power because Oklo could capture a larger future revenue opportunity as data centers drive demand for reliable electricity. The bullish case depends on successful project execution and regulatory progress. Better Small Modular Reactor Stock to Buy After the Sell-Off: Oklo vs. NuScale Power
  • Positive Sentiment: Analysis that Oklo’s “AI power” opportunity is becoming more tangible reinforces the long-term growth thesis that advanced nuclear reactors could help meet rapidly rising data-center electricity demand. Oklo: The AI Power Trade Is Getting More Tangible
  • Neutral Sentiment: Investor comparisons between Oklo and NuScale emphasize that the better investment may depend on how quickly AI companies adopt nuclear power. This highlights substantial potential but also significant uncertainty around customer demand, commercialization timelines and regulation. Nuclear Stock Face-Off: Is NuScale Power or Oklo the Better Buy Right Now?
  • Neutral Sentiment: Holtec Nuclear’s planned IPO could bring additional capital and attention to the nuclear and SMR industries. However, its existing revenue base may provide investors with a more established alternative to Oklo. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector
  • Negative Sentiment: Chief People Officer Alexandra Renner sold 1,930 shares worth about $74,000 to cover tax withholding after equity awards vested. The transaction reduced her holdings by only 0.4%, making it a limited bearish signal. Oklo insider sale
  • Negative Sentiment: CFO Richard Bealmear sold 16,430 shares valued at approximately $637,000 under a pre-arranged Rule 10b5-1 trading plan. Planned selling reduces its signaling value, but adds to near-term investor caution. Oklo insider trading report
  • Negative Sentiment: OKLO has been identified as one of the utilities sector’s most heavily shorted stocks, signaling substantial bearish positioning and the possibility of continued volatility. OKLO short interest

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

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Institutional Ownership by Quarter for Oklo (NYSE:OKLO)

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