MGO One Seven LLC Decreases Stock Holdings in Oklo Inc. $OKLO

MGO One Seven LLC reduced its stake in shares of Oklo Inc. (NYSE:OKLO) by 55.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,498 shares of the company’s stock after selling 9,317 shares during the quarter. MGO One Seven LLC’s holdings in Oklo were worth $538,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Parkside Financial Bank & Trust lifted its stake in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock worth $293,000 after purchasing an additional 94 shares during the last quarter. Prestige Wealth Management Group LLC raised its stake in Oklo by 1.5% in the third quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after buying an additional 101 shares during the last quarter. Meriwether Wealth & Planning LLC raised its stake in Oklo by 2.7% in the fourth quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after buying an additional 120 shares during the last quarter. Rossby Financial LCC raised its stake in Oklo by 75.0% in the third quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after buying an additional 150 shares during the last quarter. Finally, NBC Securities Inc. raised its stake 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 buying an additional 150 shares during the last quarter. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Oklo

In other news, CFO Richard Craig Bealmear sold 72,090 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. This trade represents a 15.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $50.39, for a total value of $7,054,600.00. Following the completion of the transaction, the chief executive officer owned 656,483 shares in the company, valued at approximately $33,080,178.37. This trade represents a 17.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 809,040 shares of company stock worth $49,162,094. Company insiders own 18.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on OKLO. Canaccord Genuity Group decreased their price target on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. B. Riley Financial cut their price objective on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Tigress Financial started coverage on Oklo in a report on Monday, April 27th. They issued a “buy” rating and a $130.00 price objective on the stock. Zacks Research raised Oklo from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Finally, The Goldman Sachs Group cut their price objective on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $85.19.

Oklo Price Performance

NYSE OKLO opened at $69.75 on Thursday. The company has a market cap of $12.13 billion, a PE ratio of -83.03 and a beta of 1.16. The stock’s 50 day simple moving average is $60.90 and its 200-day simple moving average is $79.68. Oklo Inc. has a 1-year low of $34.10 and a 1-year high of $193.84.

Oklo (NYSE:OKLO) last released its earnings results 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 in the previous year, the company posted ($0.07) earnings per share. On average, equities research analysts anticipate that Oklo Inc. will post -0.76 EPS for the current fiscal year.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a strategic partnership with Idaho National Laboratory to use AI tools to speed up advanced reactor and fuel-system design, which supports its long-term development story and could help de-risk its technology roadmap. Oklo and Idaho National Laboratory to Employ AI-Enabled Reactor Design for Advanced Nuclear Systems
• Positive Sentiment: Several analysts remain constructive, with Wedbush and Cantor Fitzgerald reaffirming bullish ratings and setting price targets well above the current share price, signaling continued Wall Street confidence in the stock’s upside. Analyst price target updates
• Neutral Sentiment: The company reported a smaller-than-expected quarterly loss of $0.19 per share versus estimates for a $0.20 loss, but the result still showed a wider year-over-year loss and reinforced that Oklo remains in an investment-heavy, pre-revenue phase. Oklo earnings report
• Neutral Sentiment: Oklo ended the quarter with a strong cash position, which helps fund development, but the lack of revenue and ongoing losses mean investors are still focused on execution milestones rather than near-term profitability. Oklo’s losses deepen. Why the nuclear start-up still has Wall Street’s attention
• Negative Sentiment: Oklo also established a new at-the-market equity offering program, raising the risk of future share dilution and putting pressure on the stock as investors weigh additional capital needs against the company’s growth plans. Oklo establishes new at-the-market equity offering program

About Oklo

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.